News

SGX net profit grew 10.3% in FY 2023

The total adjusted net profit was $503.2m in FY 2023.

SGX net profit grew 10.3% in FY 2023

The total adjusted net profit was $503.2m in FY 2023.

Daily Markets Briefing: STI down 0.81%; The top stock is Hongkongland

The most active stock is HongkongLand, trading 1.65% up.

Higher prices in commodities cause Singapore’s young adult population to worry: Survey

More than a quarter of Singaporean young adults worry about insufficient savings for emergencies and financial goals.

New home sales in July reach an all-new-high since 2021

Around 6,500 to 7,500 new private homes will be sold during the year.

Sea Limited bounces back from losses with $449.6m Q2 net income 

This is compared to a net loss of $1.2b US$931.2m for the second quarter of 2022.

The majority of businesses adapt business models for uncertain economic situations

More than a third of businesses want to automate work to support employees.

Payoneer SG obtains MPI licence, broadens services horizon

The licence will enable them to service more SMEs in the country.

Over one-third of Singaporeans cut back health-related expenses

TELUS Health said 65% curtailed their discretionary spending.

Singapore Airlines’ passenger capacity grew 28.1% YoY in July

The most attractive employer carried over 3 million passengers last month.

Property prices may trade sideways due to high-interest costs

Edmund Tie anticipates prices to rise by 3-5% in 2023.

Central bank reveals new regulatory framework for stablecoins

It seeks to ensure a high degree of value stability for regulated stablecoins.

Families to be interested in Clementi Avenue 1 and Pine Grove sites

But developers continue to be cautious about high costs.

Singapore, Chile sign MOU for carbon markets, pricing collaboration

The markets will identify project opportunities and share best practices.

Shophouses in Club Street, Yio Chu Kand Road for sale

The submission of expression of interest closes on 20 September, 3 pm.

Competition commission seeks feedback on Grab's proposed Trans-cab acquisition

The public may submit their feedback until 25 August at 5 pm.

Suntec City Tower 1’s 31st floor for sale at $43m

Foreign buyers can purchase the floor with no additional ABSD or SSD.