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Sea Limited's Q2 net income declines 75.9% YoY despite revenue growth
In Q2, GAAP revenue rose 23.0% YoY.
Sea Limited's Q2 net income declines 75.9% YoY despite revenue growth
In Q2, GAAP revenue rose 23.0% YoY.
Olam Group’s PATMI up 0.4% YoY, driven by strong subsidiary performance
Ofi reported an EBIT growth of 71.54% YoY.
PropNex earnings drop 13.8% to $19m in H1 2024
There were fewer private resale launches during the period.
First Resources’ net profit surges 45.4% in H1 2024
Sales for the period increased 1.9%.
ST Engineering profit rises 20% YoY to $337m in H1 2024
The group’s revenue also grew 14% YoY during the period.
CDL profit up 32% YoY to $87.8 m in H1 2024
It was driven by divestment gains as part of the group’s ongoing capital recycling strategy.
Singapore ranks 7th most expensive place for prime offices in APAC
Prime office rents stood at 33.7% in APAC.
Sentosa launches Singapore’s first accessible beach track
The beach track will be tested until 31 October 2024.
Daily Markets Briefing: STI up 0.86%; Top stock is YZJ Shipbldg USD
YZJ Shipbldg USD is the top stock with a 5.68% increase.
Leasehold strata retail lead H1 deals despite transaction decline
In H1, leasehold sales fell 7.9% HoH to 105 deals.
Economy grew 3% in H1
GDP growth was slightly slower in Q2 as the manufacturing sector shrunk.
NETS unveils terminal-less contactless payment solution
It accepts card payments and QR payments from local and overseas apps.
8 in 10 Gen Zs keen on AI for enhanced banking, retail experience
About 43% of them have already used AI for shopping.
Singapore stock market sees $506m net institutional outflows in August
The net institutional outflows were led by the financial and industrial sectors.
CBRE offers Grade A Strata office units at Suntec City for sale
This will be via expression of interest.
Singapore's card payments market to grow by 14.3% in 2024
The rising demand for non-cash payments will drive this growth.
Strata office sales fall 15.6% HoH to $437.3m in H1
The average unit price for strata office properties also fell, dropping 20.1%
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