News

Hong Leong Asia’s attributable net profit climbs 19% YoY to $64.9m in FY23

Improved contributions from the company’s JVs and associates drove the increase.

Hong Leong Asia’s attributable net profit climbs 19% YoY to $64.9m in FY23

Improved contributions from the company’s JVs and associates drove the increase.

Far East Orchard triples net profit in FY23

Net profit for the period was $66.0m.

ST Engineering’s Urban Solutions secures smart car park contract at Dubai Mall

The project aims to facilitate automatic and ticketless parking fee collection.

Yangzijiang Financial net profits up 25% to $201.8m in FY2023

A dividend payment of S$0.022 per share has been proposed.

SATS’ net profit up 89.3% to S$31.8m in Q3 FY2024

Recovery of aviation food and flight volumes helped push up profits.

Ascott reports record-high $331m fee earnings in 2023

It also reported the highest number of property openings in a single year.

Singapore still an asset management centre despite AUM drop

Strategic location and regulatory framework bolster Singapore's appeal

ST Eng’g net profit up 9.6% to $586.5m in 2023; total dividend is 16 cents

Revenue for its commercial aerospace and USS segments rose.

HDB BTO exercise attracts over 10,500 applicants

First-timers have a good chance of getting their desired flats, analysts said.

Higher interest rate risk pressures HSBC Life SG's capital buffers

S&P Global Ratings expects the insurer’s relationship with its parent company will remain strategic due to its regional exposure.

Singapore among top Chinese New Year destinations: report

Tourists spend a lot on shopping, local food and attractions.

Phishing attacks hit fewer firms but majority of workers negligent of cybersecurity risks

The majority of employees willingly undermine the cybersecurity of their organisations.

Manufacturing stocks lodge weakest January performance since 2016

The iEdge SG Adv Manufacturing Index recorded a 6.4% decline.

Yanlord reports net loss of RMB934m loss for FY23

The company attributed the loss to an increase in fair value loss on investment properties.

Propnex 2023 profit drops 23.2%

Revenue also fell 18.6% in FY2023.

DPM Keat champions S’pore as global-Asia node, roots for cross-border collab

He also outlined efforts to bolster the research, innovation, and enterprise ecosystem.