News
Hiap Seng Engineering employee dies in workplace accident
Hiap Seng Engineering employee dies in workplace accident
The fatal accident occurred at its workshop premises on 30 August 2025.
GuocoLand unit divests property in Bandar Johor Bahru for $46m
The property is a leasehold land and a hotel erected on it.
CapAllianz suspends services to GPT Desk over unpaid fees
The group said the suspension does not mean that the agreement has been terminated.
Daily Markets Briefing: STI up 0.37%; Top stock is Keppel
Keppel is the top stock with a 3.18% increase.
COTD: Luxury home market sees surge in sales volume
141 luxury homes in the core central region exceeding $5m were transacted.
Singapore appoints five new IRAS board members, reappoints four
The new board composition will start on 1 September 2025.
Shangri-La Asia reports lower net profit by 38.7% YoY in H1 2025
The decline was mainly driven by lower revenue in Singapore and mainland China.
mm2 Asia widens net loss in H1
Revenue also fell 13.9% year on year to $165.1m during the same period.
AIMS APAC REIT to acquire $56.65m Aljunied Avenue site
The company said the acquisition will enhance its portfolio resilience.
Import, export price indices fall YoY in July 2025
The decrease in non-oil indices was due to the Machinery and Transport Equipment index
Avi-Tech’s net profit sinks 76.4% in H1
Despite this, the board proposed a final dividend of $0.0025 per share.
Civmec net profit falls 34% YoY in FY2025
The decline was due to lower revenue from reduced activity levels.
Olam Group closes down digital farmer services platform to conserve cash
606 employees will be affected by the reorganisation.
GuocoLand net profit falls 17% YoY for FY2025 to $107m
Growth in Singapore was offset by allowances for China losses.
Temasek creates three new units, reshuffles senior leadership
The reorganisation will take effect on 1 April 2026.
Half of Gen Zs expect to retire comfortably without planning
However, 72% of Gen Z respondents reported having no retirement plan, as they are focused on building their earning power first.
Singapore draws $546m in hotel deals with safe haven appeal
Hotel investment volume across Asia Pacific reached $4.7b in H1 2025, down by 23% YoY.
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