News
PropNex's profit spiked 96.1% to $7.26m in Q2
PropNex's profit spiked 96.1% to $7.26m in Q2
Revenue also rose thanks to increased commission income from project marketing services.
United Hampshire US REIT's NPI hit $15.52m from March-June
Its inaugural DPU came at US$0.0178.
Yanlord's profit down 59% to $97.41m in H1
They recorded a decline in average selling price per square metre.
Temasek and Bayer form new agribusiness venture
Dubbed as Unfold, it utilises the seed genetics from vegetable crops to develop seed varieties.
Listed, local, and international firms hailed at the Singapore Business Review Awards
Over 25 firms were awarded in the first-ever digital awards presentation.
Shrewd investors nab Singapore shophouses as prices drop by up to 32.7% in 1H20
Freehold shophouse prices were at S$2,692 per square foot.
Daily Markets Briefing: STI up 0.75%
Medtecs International led the gains amongst top active stocks with a 44.61% jump.
Chart of the Day: Around 4.3 million sqft of office supply in the works
The market will face a huge supply coming on board in 2022.
Daily Briefing: SIA offers cabin crew early release and retirement; BondEvalue launches bond exchange platform BondbloX
And foreign workers resume certain types of work without needing BCA approval.
Nearly 9 in 10 employees look to upskill or re-skill
Over half of these respondents aim to improve their digital skills.
Household spending growth weakens as consumers focus on essentials
Purchases are concentrated on food and health products.
Condo rents slipped 0.9% in July
Rents in the CCR and OCR fell.
OCBC, Amundi float dollar cost averaging fund in Singapore
It leverages the cost-averaging effect when it allocates assets to equity ETFs.
Ascendas Reit launches $7b Euro medium term securities programme
It will finance or refinance the trust’s acquisitions and/or investments.
Wilmar's profit jumped 49.8% to $839.92m in H1
Interim tax exempt (one-tier) dividend for H1 is at $0.04 apiece.
Koufu Group's profits plunged 82% to $2.54m in H1
Its outlet and mall management segment saw lower fixed and variable rental income.
Court moves UWG's deadline to put Hyflux under judicial management
This follows after the High Court granted UWG's application to be carved out of the moratorium.
Commentary
Can controlled sandboxes prepare Singapore organisations for production AI?
What the latest sanctions regimes mean for Singapore businesses
Singapore’s tourism economy depends on security infrastructure most never see
Where does value creation really happen?
Managing the cost of diverging standards: Why Singapore matters
Singapore’s AI ambition has an intelligence problem
Singapore is deploying AI at speed – and security risks are catching up
Precious metal boom is a stress test for Singapore’s gold ambitions
Singapore’s global dispute fault lines