News
Singapore's life insurance workforce shrinks by 2.3% in 2024
Singapore's life insurance workforce shrinks by 2.3% in 2024
Higher demand was noted in integrated shield plans and riders coverage.
Daiwa House Industry’s 2024 net profit rises 9.5%
Net profit for the period reached $2.08m (¥237b).
Over 4 in 5 businesses seek government support
The majority of those in the health sector have applied or are interested.
Civmec net profit down almost 17% YoY in H1 2025
Administrative expenses increased by 18.3% during the period.
ThaiBev posts 2.4% YoY revenue rise in Q1 2025
Revenue for the period reached $3.68m.
PC Partner projects significant profit growth in 2024
This is due to the strong demand for the new series of video graphics cards.
Singapore weighs tax incentives to boost equities market
Further measures are expected in the second half of the year.
Kingsmen Creatives, Black Spade to develop APAC attractions
The developments will initially focus on Macau, the Philippines, Vietnam, and Thailand.
Singapore economy up 4.4% in 2024
It was driven by the wholesale trade and finance & insurance sectors.
Singapore NODX up 2% in 2024
Non-electronic exports fell.
FSL Trust Management to sell product tanker
It will be sold to an unaffiliated third party who lodged a 10% deposit in escrow.
GuocoLand unit bags River Valley Green land at bid price $627.8m
It will be developed as a high-end waterfront development.
MRT Corp, Sunway to build $787m Bukit Chagar mixed-use hub
Construction is scheduled to begin in March 2025.
Singapore launches M&OE plan to lead Asia-Pacific offshore renewables
Objective includes contributing to 50GW of offshore renewable energy projects globally.
Daily Markets Briefing: STI up 0.21%; Top stock is Seatrium Limited
Seatrium Limited is the top stock with a 10.87% increase.
OSIM boosts business transparency following CCCS flags
OSIM was flagged for lack of product disclosure and misleading product information and prices.
Bukit Timah Plaza unit up for sale for $9.8m
It has a total strata area of approximately 3,391 square feet.
Commentary
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Singapore’s global dispute fault lines
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