Singapore

Singapore banks deliver strong earnings growth in Q1

OCBC outperformed with a net interest margin expansion of 75bp YoY.

Singapore banks deliver strong earnings growth in Q1

OCBC outperformed with a net interest margin expansion of 75bp YoY.

Daily Markets Briefing: STI increases by 0.19%; Hongkong Land is top stock

Hongkong Land was the most active stock as it increased by 1.79%.

SDC, WWF-SG unveil sustainability guidebook for establishments

The guidebook instructs businesses to align operations with sustainable practices.

ST Engineering revenue up 13% YoY to $2.3b in Q1

Its Commercial Aerospace sector contributed the largest with $873m.

United Hampshire US REIT’s net property income rises 13.5% YoY to US$12.9m in Q1

The REIT attributed the increase to the resilient performance of its existing properties.

LHN Limited’s net profit plunges 47.4% YoY to $16.9m in H123

Despite the net profit decline, the company proposed a higher interim dividend of $0.01.

Singapore receives first-ever import of live chicken from Indonesia 

Japfa delivered the 23,000 chickens to the Lion City.

CEREIT net property income up 3.6% YoY to $48.9m in Q1

Its DPU showed resiliency despite falling 2.4% YoY in Q1.

Central Bank unveils the Lee Kuan Yew centenary coin

Singaporeans can obtain the commemorative coin starting September 2023.

Chart of the Day: Companies leading in data centre market

Knight Frank said Google has the highest market share.

5 in 10 employees say AI is the most in-demand digital skill

However, only 15% of them possess expertise in AI.

Ravi Menon reappointed as managing director of MAS

Senior Advisor Goh Chok Tong is stepping down from his position.

HSBC SG partners with Mastercard for travel credit card

It aims to provide convenience for travellers due to the rise in post-pandemic traffic.

Expert warns of higher cost of doing business in Singapore because of ABSD rate hike

Government raised the ABSD rate for foreigners buying properties in Singapore from 30% to 60%.