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.

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.

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.

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%

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%.