News
Daily Markets Briefing: STI up 1.6%; Top stock is Sembcorp Ind
Sembcorp Ind is the top stock with a 6.29% increase.
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.
FOMO from limited supply drive HDB resales to 13-year high
Pent-up demand from June and ghost month fears may have also driven sales.
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.
Industrial leasing volume down 5.3% YoY in Q2
Rents increased 0.6% QoQ to $3.96 per sq ft.
Soon Liang Holdings Ltd. anticipates rebound in H1 2024
The company reported a net loss of $2.6m in H1 2023.
G.H.Y Culture & Media Holding's H1 2024 revenue dwindles
Its concert business segment bagged $19.7m in revenues.
Dyna-Mac revenue grows by 42.5%
The company reported a revenue growth of $77.4m in H1 2024.
Oiltek’s net profit soars to 50% for H1 2024
As of 30 June the group's financial position is with zero debt.
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