Singapore
VICOM reports flat growth amidst intense competition in non-vehicle testing business
VICOM reports flat growth amidst intense competition in non-vehicle testing business
The company’s net profit attributable to shareholders increased by 1.3%.
Hock Lian Seng’s earnings soar 128.8% in H1 2024
Gross profit surged 213.9% to $21.3m.
Private residential leasing volume up 3.1% YoY in Q2
The non-landed property segment saw a 1.9% quarterly increase.
Fu Yu reverses losses with $72k net profit in H1 2024
Revenue grew 78% to $126.7m.
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.
Investors favour smaller, early-stage fintech deals over large-scale
In H1 2024, Singapore saw 52 early-stage deals.
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.
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.
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