News

Great Eastern’s weighted new sales dip, earnings soar in 2023

The total dividend for 2023 amounted to 75 Singaporean cents per ordinary share.

Great Eastern’s weighted new sales dip, earnings soar in 2023

The total dividend for 2023 amounted to 75 Singaporean cents per ordinary share.

Businesses ramp up cybersecurity spending amid cyber threat woes: report

Majority expressed intention to invest in cybersecurity.

92% of SMU fresh graduates hired, but salary remains steady: survey

Top three programs based on hirings were finance, IT, law and accounting.

Daily Markets Briefing: STI down 1.24%; Top stock is DBS

DBS is the top stock despite a 0.353% decrease.

How much do advertisers spend on digital ads?

Digital spending makes up 59.7% of total ad spend in Singapore.

HRnetGroup reports 5.9% earnings dip

Revenue for FY2023 experienced a 5.4% year-on-year decline.

Venture Corporation revenue drops 21.7% in FY23 

The group registered a net profit of $270m.

Aztech Global net profits surges 48% 2023

However, the group expects a challenging year ahead.

SGX RegCo proposes rule changes to streamline company restructuring

It suggested eliminating shareholder votes on major disposals during liquidation.

MPA shortlists 11 design proposals for Singapore’s electric harbour craft 

It received 55 proposals from 32 international and local companies and consortia.

Industrial rents to grow 0%-3% in 2024: report

Savills cited three factors contributing to the projection.

Net property income of IREIT Global rises 2.3% YoY to €49.9m in FY23

Despite the increase in NPI, the REIT declared a lower distribution per unit.

Andrew MacDonald steps up as Resorts World Sentosa director

He currently serves as the chief casino officer of the integrated resort.

Genting Singapore’s net profit soars 80% YoY to $611.6m in FY23

With the increase, the company declared an 80% YoY higher earnings per share.

Grab bounces back with US$11m profit in 4Q23

In 3Q23, the company recorded a loss of US$391m ($524.8m).

Daily Markets Briefing: STI up 0.05%; Top stock is UOB

UOB is the top stock despite a 2.531% decrease.