News
GuocoLand unit sells stake in Eco World International for $61m
The subsidiary held a 27% stake in Eco World International.
GuocoLand unit sells stake in Eco World International for $61m
The subsidiary held a 27% stake in Eco World International.
SIA Engineering's net profit soars 30.7% YoY to $97.1m in FY23/24
Increased demand for MRO propelled the increase.
Mapletree Logistics Trust divests Tuas property for $10.5m
It sold the 25-year-old property above valuation.
Keppel unit divests shares in Dyna-Mac for $100m
The subsidiary had 23.91% shares in Dyna-Mac.
Frasers Property profits plunge 74.6% YoY in 1H24
The company attributed its lower profit to UK impairments.
Italian insurance-financial firm opens office in Singapore
The lion city is Italy's largest export goods destination in the region.
Softer demand to slow rental and price growth for factories
In 1Q24, rental indices saw single-digit increases.
Daily Markets Briefing: STI down 0.61%; Top stock is Hongkong Land USD
Hongkong Land USD is the top stock with a 2.45% increase.
FLCT debt management, expansion to stay prudent in next 2 years: S&P
Credit rating upgrade unlikely in the next 12 to 24 months.
Strata office sales up 11% in Q1 as Singapore attracts wealthy
Higher interest rates kept prices in check.
Tan Tock Seng Hospital introduces flexible working shifts for nurses
The initiative allows nurses to have a mix of routine and flexible shifts.
UOB grants 30,400 shares to eligible non-executive directors
The share awards are part of the directors’ remuneration for 2023.
Riverstone logs 54.5% YoY net profit growth in Q124
This marks the fifth consecutive quarter of growth for the company.
OCBC logs record net profit of S$1.98b in Q1; EPS is S$1.76
Higher wealth management and insurance income pushed up fee income.
Marina Bay Sands, UOB, and STB partner to boost Marina Bay precinct
It aims to elevate Marina Bay’s status as a top lifestyle and business hub.
Geo Energy's Q124 net profit falls 46% YoY
Income for the quarter declined amid lower coal prices and production.
Bungalow on Dyson Road up for sale at $20m
The asset features 9,350 sq ft of freehold land with a built-up area of approximately 5,000 sq ft.
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