News

Hotel Properties opens first Four Seasons hotel in Japan

This is the group’s first hospitality asset in Japan.

Hotel Properties opens first Four Seasons hotel in Japan

This is the group’s first hospitality asset in Japan.

Record total income lifts OCBC’s net profit to S$3.93b in H1

Interim dividend for the period is 44 cents, an increase of 4 cents.

Landed home price growth slows to 1.9% in Q2 2024

For the year, prices will not see more than 6% gains.

Daily Markets Briefing: STI down 0.91%; Top stock is Seatrium Ltd

Frasers L&C Tr is the top stock with a 3.03% increase.

MAS increases gold reserves by 4 tonnes in Q2

It was the sole central bank to register a gold reserve increase in the quarter.

ICA begins token-less clearance at Changi, to complete the rollout by September

The agency also expanded its QR code clearance to motorcyclists.

Singapore, US ink nuclear cooperation agreement

They have been collaborating on nuclear issues over the past decade.

Aoxin Q & M anticipates rebound in H1 2024

The company reported a net loss of $210m in H1 2023.

SAM Holdings warns of a profit slump in FY24

Thanks to a slower-than-expected expansion in business operations.

New private home launches sink to 20-year low in H1

There were only 1,939 units launched– the lowest since 2004.

EDB, IETA launch platform giving access to quality carbon credits

This is a by-invitation alliance linking companies to carbon credits suppliers. 

Singapore and Guangdong to boost bilateral trade with new projects

The two economies signed 20 projects in sustainability, health, and agritech.

IndoAgri's H1 net profit up 500% to $51.7m

The increase was due to higher gross profit, foreign exchange gain, and gain from changes in fair value of biological assets.

UOB’s net profit stable at S$2.91b in H1; interim dividend is 88 cents

Income growth and lower allowances were offset by one-off integration costs.

Narrowing price expectations boost landed home transactions by 45.8% in Q2

The number of landed homes sold in Q2 was also 58.1% YoY higher.

SGH and NUS develop algorithm-driven tests for mortality risk indication

The PCAge tool adopts an analytical matric factorisation approach to simplify complex data.

43% of S’pore retailers struggle with brand awareness: survey

Ad and email fatigue amongst the main hindrances in building brand awareness for retailers.