News

OUE swings to $114.6m loss in H1 on GPI hit

It incurred a $47m impairment loss on its interest in GPI.

GXS Bank debuts unlimited cashback card

Eligible Grab transactions earn a 10% rebate in the form of GrabCoins.

CCS warns HelloRide over proposed price talks with rival Anywheel

Anywheel rejected both approaches and reported them.

STT GDC secures $1.75b green financing for Johor data centre campus

The facility is planned to have a capacity of up to 166 MW of IT load.

Wee Hur H1 profit rises 17%, adjusted earnings hit by fee absence

The decline mainly reflected the $38.4m performance fee recognised in H1 2025.

US flags Singapore, 40 economies over China-linked transhipment

City-state classified as Tier 3, covering smaller markets with rerouting appeal. 

Union Gas H1 net profit jumps 179% to $12m

Group plans two more Cnergy stations in 2027, bringing its network to five.

ComfortDelGro posts 19.7% H1 profit decline on weaker P2P earnings

The interim dividend remained at $0.0391 per share.

July key exports rise 24.2% on AI-driven electronics demand

Electronics NODX jumped 112% from 105.1% in June.

AEM H1 profit jumps ninefold on AI testing demand

Revenue rose nearly 30%, supported by higher sales to its fabless AI/HPC customer. 

Daily Markets Briefing: STI up 0.41%; Top stock is Genting Singapore

Genting Singapore is the top stock with a 6.40% increase.

Marina Gardens Lane site draws mixed forecasts despite prime location

Top-bid forecasts range from $1,350 to $1,650 psf ppr.

Monday Wrap: Firms brace for profit squeeze as banks rally

Profit pressure, stretched bank valuations and weak succession planning temper an otherwise strong economic outlook.

Seatrium signs FLNG conversion LOI with Golar

This marks the third project undertaken by Seatrium for Golar.

CSE Global profits drop 19.3%

The lower earnings were driven by a shift in business mix towards lower-margin data centre projects.