Singapore

Oil and gas and utilities only sectors that closed positive in stock market

Amongst top performers are Keppel Corporation and Genting Singapore.

Oil and gas and utilities only sectors that closed positive in stock market

Amongst top performers are Keppel Corporation and Genting Singapore.

Chart of the Day: Will household finances worsen or improve?

Majority of respondents expect nothing will change.

UOI names Wee Ee Cheong as new company Chairman

He will replace his father, Dr. Wee Cho Yaw, who will be retiring on 14 April.

Manufacturers innovate, reformulate drinks to meet Nutri-Grade labelling regulations

The Grade-labelling identifies beverages based on their sugar and saturated fat content.

First Resources’ revenue reaches an all-time high of US$1.2b in FY22

The record sales propelled its underlying net profit to US$334.2m.

Venture Corporation CFO steps down

William Ng Wai Lim's last day of service is 30 April.

Jardine C&C’s net profit rises 12% YoY to US$740m in FY22

Given the increase, the board proposed a 39% YoY higher dividend per share.

Chris Ong Leng Yeow appointed as CEO of Keppel O&M-Sembcorp Marine entity

He will also serve as a member of the transformation committee.

IHH Healthcare posts revenue growth but net income down 58% YoY

Recorded net profit was at $57.3m in the final quarter of 2022.

StarHub’s Google Cloud partnership to create secure, energy-efficient cloud network

The telco will pilot Google Distributed Cloud Edge and Nokia 5G Standalone Core.

Yangzijiang Financial posts 80% net profit decline in H2 2022

The company posted $25.6m net profit to the firm's equity holders.

WealthTechs win by managing wealth and not the wealthy

WealthTechs are breaking down barriers to entry by fractionalising costs of assets, analysts said.

Strong growth for major banks seen: Fitch Ratings

This will be supported by wider margins and well-contained credit costs.