Singapore
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.
Singapore retailers told to step up as RTS link with Johor Bahru looms
Shops should add value and cut costs to battle their lower-priced rivals.
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.
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%
Q & M Dental's profit skyrockets 84% YoY in H1 2024
The company's EPS stood at $1.04.
Antler closes $72m Southeast Asia Fund II
Antler SEA Fund II plans to invest $27m in 45 startups.
Daiwa House Logistics Trust NPI down 8% YoY in H1 2024
Gross rental income also decreased by 9.3%.