News

UMS Holdings' Q1 profit plummets 44% YoY due to semiconductor sales slump

The company remains positive as the semiconductor sales decline has moderated.

UMS Holdings' Q1 profit plummets 44% YoY due to semiconductor sales slump

The company remains positive as the semiconductor sales decline has moderated.

Marco Polo Marine's adjusted net profit jumps 30% YoY in H1 2024

Its revenue grew 10%, thanks to its ship chartering operations.

Straits at Joo Chiat sells 20% of units over weekend launch

It is expected to be completed by November 2027.

MTQ’s net profit up by 148% YoY to $9.4m in FY24

The group’s earnings were boosted by a gain from property sale.

Genting Singapore’s net profit surges 92% YoY in Q1

The company attributed the growth to the CNY holiday and the relaxation of visa regulations between China and Singapore.

MOH imposes stricter compliance on medical certificate issuance

The move came following feedback on excessive issuance over teleconsultations.

ST Eng’g revenue up 18% to S$2.7b in Q1

It has an order book of S$27.7b as of 31 March 2024.

SGX welcomes ETF tracking APAC financial institutions

It has S$47m in assets under management at launch.

Cat owners in HDB flats must microchip and license pets

Licensing will be free during the two-year transition period.

Singapore a top choice for retirees’ global travel

It’s the only country in the region included in the ranking.

HDB launches new Resale Flat Listing service

The service notifies sellers if their listing exceeds nearby prices by 10%+.

SG and PH boost weekly codeshare services to 150

Currently, the countries have 35 weekly codeshare services.

Deloitte Singapore raises entry-level auditor salaries

First-year hires under the firm’s career programme can earn $4,500 monthly

Keong Hong Holdings losses widen to $9.5m in 1H24

Besides wider losses, the company reported a 40.9% YoY revenue drop.

KPMG to invest $100m in talent initiatives and tech advancements

Of the total investment, $30m will go to salary adjustments.

Jumbo Group net profit up 11.9% YoY to $8.89m in 1H24

Its Singapore operations helped boost profit for the period.

Porsche Experience Centre coming to Singapore in 2027

The Singapore centre will be the 11th worldwide.