News
New private home launches sink to 20-year low in H1
New private home launches sink to 20-year low in H1
There were only 1,939 units launched– the lowest since 2004.
EDB, IETA launch platform giving access to quality carbon credits
This is a by-invitation alliance linking companies to carbon credits suppliers.
Singapore and Guangdong to boost bilateral trade with new projects
The two economies signed 20 projects in sustainability, health, and agritech.
IndoAgri's H1 net profit up 500% to $51.7m
The increase was due to higher gross profit, foreign exchange gain, and gain from changes in fair value of biological assets.
UOB’s net profit stable at S$2.91b in H1; interim dividend is 88 cents
Income growth and lower allowances were offset by one-off integration costs.
Narrowing price expectations boost landed home transactions by 45.8% in Q2
The number of landed homes sold in Q2 was also 58.1% YoY higher.
SGH and NUS develop algorithm-driven tests for mortality risk indication
The PCAge tool adopts an analytical matric factorisation approach to simplify complex data.
43% of S’pore retailers struggle with brand awareness: survey
Ad and email fatigue amongst the main hindrances in building brand awareness for retailers.
Keppel's net profit falls sharply by 92% YoY to $304m in H1 2024
Excluding legacy O&M assets, net profit from continuing operations would be 7% YoY higher.
Singapore Airlines Group net profit falls 38.4% YoY to $452m in Q1 24/25
The airline attributed the decline to weaker operating performance.
Parkway Life REIT acquires Osaka nursing home for $20.7m
The REIT will complete the acquisition by Q3.
Coliwoo expands River Valley portfolio with two new properties
One of the properties is set for launch by the end of September.
FLCT secures new leases, boosting occupancy to 95.0% in Q3
The trust leased 90,000 sqm of space during the period.
SMRT trains’ PAT plunges 82% YoY to $7.5m as costs surge
Higher electricity and staff costs offset the 8% YoY revenue increase.
MAS rebukes registered fund manager for non-compliance to licensing rules
A two-year prohibition order was also issued to its executive director for failure to ensure the company’s compliance.
ComfortDelGro and Pony.ai ink MoU on global robotaxi deployment
The partners will co-develop tailored safe and sustainable autonomous vehicle (AV) solutions.
Warburg Pincus and Lendlease complete life sciences real estate JV
Each partner will contribute 50% of the co-investment capital over the next few years.