News

SIA net profit slumps 57% as Air India losses offset record operating gain

Operating profit rose 39% to $2.38b on stronger travel demand and yields.

First Resources Q1 profit soars 53.1% on higher output and sales

FFB and crude palm oil production rose 20% and 34.5%, respectively.

SGX securities turnover value climbs to $43.2b in April

Foreign exchange futures and commodities derivatives recorded continued trading growth.

Sasseur REIT’s Q1 portfolio sales hit record $261.7b

EMA rental income rose 5.7% in RMB terms, driven by double-digit outlet sales growth.

SBF calls for strong execution of Singapore’s Economic Strategy Review

Businesses need clearer support to transform and stay competitive, the federation said.

Daily Markets Briefing: STI down 0.16%; Top stock is Singtel

Singtel is the top stock with a 1.04% increase.

Singapore tops global governance index again, extends four-year streak

It ranked first in five pillars, with gains in institutions and fiscal strength.

Food Empire Q1 revenue jumps 16.9% to $203.3m on broad-based growth

Russia and Central Asia drove gains as group stays net cash and expands capacity.

Freehold Kitchener Road shophouses hit market for $28m

It occupies a combined freehold land plot of about 2,713 square feet.

More than six in 10 firms track AI Identities; governance gaps remain

A survey found inconsistent controls as AI agents enter enterprise identity systems.

Geo Energy’s net profit falls to $5.47m on lower sales

The company declared an interim dividend of $0.10 per share for the period.

ESR proposes “career bridges” and early support for retrenched workers

Plan outlines faster assistance and structured pathways for disrupted workers.

Retail occupancy steady in Q1 despite high-profile store closures

Visitor inflows climbed whilst leasing demand absorbed retail exits across island malls.

Singapore manufacturing expands as electronics lift March PMI to 50.5

Electronics PMI hit 51.4 sustaining factory momentum.

SingPost FY25/26 net profit plunges 75% to $60.9m on volume decline

Revenue dropped 23.1% to $376.1m as international volumes and mail declined.