Singapore

First REIT’S DPU down 3.2% in H1 2024

The decrease was due to the weak yen and rupiah against the Singapore dollar.

First REIT’S DPU down 3.2% in H1 2024

The decrease was due to the weak yen and rupiah against the Singapore dollar.

Yoma chair Serge Pun steps down

Pun Chi Tung Melvyn takes the helm as chairman and CEO.

Daily Markets Briefing: STI down 0.88%; Top stock is Venture

Venture Is the top stock with a 3.88% increase.

Gen AI adoption still low among Singapore businesses: report

Yet 61% pegged it as transformative technology that can drive revenue and innovation.

Genting Dream is the first largest cruise ship to berth in Phuket

The 150,000 gross tonnage Genting Dream reached the milestone on 24 July.

Singapore’s cash use in POS to fall at just 7% by 2027: study 

E-wallets will become Singaporeans’ payment method of choice.

Condo resale prices up 4.3% in June

A S$13.6m unit in RCR was the most expensive condo resold in June.

United Overseas Insurance Profits Rise 14.9% YoY in H1 2024 

Thanks to a surge in its dividend income on a year-on-year basis.

Income Insurance keeps affordable insurance offerings post-deal: NTUC Enterprise

It will still participate in national insurance programmes with the CPF Board.

OUE REIT’s NPI rises 1.6% in H1 2024

The increase was due to a stable commercial property market and higher revenue from the hospitality sector.

SBF to boost global trade and investment with new initiative

SBF will enhance cross-border trade, develop private sector advocacy, and cultivate future industry leaders.

AIA Singapore gifts 6-month free coverage for national day

It plans to provide six months of complimentary insurance coverage.

Singapore reclaims spot as most powerful passport in the world

Singapore beat a six-country tie to claim the top position.

Mapletree Logistics Trust's DPU down 8.9% YoY in Q1

Net property income also decreased by $1.5m or 0.9%YoY during the same period. 

Raffles Education plans $20m bond issue

It will be issued under Singapore's Securities and Futures Act 2001.

Oxley Holdings CEO denies involvement in Venice corruption probe

Ching Chiat Kwong referred to the accusations as “unfounded and untrue”.