News

VICOM reports flat growth amidst intense competition in non-vehicle testing business

The company’s net profit attributable to shareholders increased by 1.3%.

VICOM reports flat growth amidst intense competition in non-vehicle testing business

The company’s net profit attributable to shareholders increased by 1.3%.

Private residential leasing volume up 3.1% YoY in Q2

The non-landed property segment saw a 1.9% quarterly increase.

DBS names Tan Su Shan as deputy CEO; will succeed Piyush Gupta in 2025

An internal evaluation by DBS found Tan the strongest of all candidates for CEO.

BRC Asia revenue contracts 17% YoY in Q3 2024

Their profit after tax stood at $34.1m.

Daily Markets Briefing: STI up 1.6%; Top stock is Sembcorp Ind

Sembcorp Ind is the top stock with a 6.29% increase.

Singapore leads Asia Pacific with a 10.8% YoY rise in logistics rents

Knight Frank attributed the growth to the nation's strong manufacturing.

EY collaborates with Microsoft to invest in AI adoption

This could improve efficiency by up to 50%. 

Singapore ranks 7th globally as best 'workcation' city

It is also the leading 'workcation' city amongst its Asian neighbours.

Wing Tai Holdings warns of net loss in FY24

The group assured that its financial position is healthy.

DBS’ net profit up 9% to S$5.76b in H1; Q2 dividend is 54 cents

Net profit rose 4% in Q2 as loans and deposits grew.

NeraTel's net profit is $1.4m in H1

It secured orders across three business sectors.

Venture Corporation revenue up 7.6% to $717.5m in H1 2024

A dividend payment of $0.50 has been declared.

Olam Holdings Pte Ltd secures $1.9b loan facility

Proceeds from the loan will be used to refinance existing debts. 

FOMO from limited supply drive HDB resales to 13-year high

Pent-up demand from June and ghost month fears may have also driven sales.

MAS taps EY to screen family office tax incentive applications

EY will check family offices for links to money laundering, terrorism financing, and other offences.