News
MAS appoints trade minister Gan Kim Yong as new chairman
He will be replacing DPM Lawrence Wong.
LHN net profit drops 14.6% in H124
Gross profit rose 36.0% to $34.6m.
Sales and marketing jobs in high demand in Singapore: report
Sectors hit hard by COVID going on post-pandemic hiring sprees.
SG’s life insurers see 32.2% leap in new business premiums in Q1’24
This is equivalent to S$1.4b.
OCBC launches $676.95m fixed rate subordinated notes
The notes will have a coupon of 5.52% annually.
Cotti Coffee partners with Adyen for overseas expansion
Cotti Coffee has 7,000 stores worldwide.
OCBC's bid for Great Eastern Life to boost sector valuations
OCBC has been a shareholder in Great Eastern Life since 1958.
Warehouse occupancy and rents to fall amid increased supply
In 1Q24, rents rose 2.0% QoQ, whilst occupancy fell to 91.1%.
Daily Markets Briefing: STI up 0.39%; Genting Singapore is top stock
Genting Singapore grew by 4.52%.
Tender for Zion Road B site could see bids reaching up to $700m: analysts
The site can yield 610 new homes when developed.
Cordlife cancels $8.2m private placement
The Ministry of Health also wrote to the company regarding its local directors.
UMS Holdings' Q1 profit plummets 44% YoY due to semiconductor sales slump
The company remains positive as the semiconductor sales decline has moderated.
Marco Polo Marine's adjusted net profit jumps 30% YoY in H1 2024
Its revenue grew 10%, thanks to its ship chartering operations.
Straits at Joo Chiat sells 20% of units over weekend launch
It is expected to be completed by November 2027.
MTQ’s net profit up by 148% YoY to $9.4m in FY24
The group’s earnings were boosted by a gain from property sale.
Genting Singapore’s net profit surges 92% YoY in Q1
The company attributed the growth to the CNY holiday and the relaxation of visa regulations between China and Singapore.
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