News

OUE Lippo Healthcare posts net loss of $4.01m in H2 22

For fiscal year 2022, its revenue grew to $119.8m YoY.

OUE Lippo Healthcare posts net loss of $4.01m in H2 22

For fiscal year 2022, its revenue grew to $119.8m YoY.

Strong demand seen for BTO flats in Kallang/Whampoa

The HDB launched over 4,400 BTO flats across five sites. 

Excelsior Hotel & Shopping Complex up for sale at $458m

It comprises a 5-level podium shopping centre and a tower block rising to 21 storeys

UOL net profit surges 60% YoY to $491.9m in 2022

Its revenue also increased by 28% to $3.2b.

Business receipts of service industries rise 10.9% YoY in Q422

Recreation & Personal Services had the highest growth in revenue amongst industries.

Condo rents volumes slip by 0.9% in January

An estimated 6,285 units were rented during the month. 

PropNex’s net profit rises to $65.4m in FY22

The real estate agency attributed the increase to its $1.0b revenue.

Singapore, US partner to enhance telecom regulatory policies

This will cover areas of communications and connectivity. 

V-shaped recovery expected in some manufacturing sectors despite contraction

Demand will pick up for transport engineering and general manufacturing.

Which brands made the biggest buzz in January

The biggest brand mover was a supermarket chain.

Maybank Singapore’s profit before tax doubles to S$655.92m in 2022

This was reportedly thanks to higher income and lower loan loss allowances.

Sembcorp Industries’ long-term contracts show optimism: broker

This despite concerns on its earnings tapering off.

Stricter rules on lower-skilled foreign workers boost local employment: MOM

Manpower Minister Tan See Leng showed its key findings on workforce policies.

Almost half are likely to use ChatGPT for general searching

This includes searching for nutritional information on food.

Olam Group PATMI down 8.3% YoY to $629.1m in 2022

Its PATMI for H2 FY2022 declines by 24.5% YoY to $200m.