News
Jumbo Group net profit hit by 8.8% YoY rise in expenses
Jumbo Group net profit hit by 8.8% YoY rise in expenses
Net profit declined to $13.7m in FY2024.
SingPost to gain $312.1m from Australian freight unit divestment
It sold the unit at an enterprise value of $897.6m.
SUSS launches intercontinental alliance of healthcare providers initiative
Initiatives will be grounded in five strategic themes including continuity of care.
Daily Markets Briefing: STI down 0.11%; Top stock is Singtel
Singtel is the top stock with a 1.64% increase.
HDB resale flat prices to grow slower in 2025
Huttons estimates HDB resale transactions at 26,000 to 28,000 in 2025.
Fewer firms expect better business conditions despite revenue growth
65% saw revenue growth in 2024, but only 36% expected better conditions.
Singapore cap rates remain stable in Q3 2024
Cap rates in Singapore are expected to stay stable, with changes tied to interest rates and economic shifts.
JTC awards Lok Yang Way industrial site tender to Soilbuild for $70.08m
The site spans 18,605.5 square metres, with a tenure of 30 years.
Rotterdam-Singapore Green, Digital Shipping Corridor complete pilot for liquefied bio-methane
The pilot involved 100 tonnes of LBM supplied by Shell.
Household income grows faster than spending from 2017/18 to 2023
Income grew 4.1% annually to $15,473, outpacing 2.8% expenditure growth to $5,931.
Singapore’s old-age support ratio nearly halves after 10 years
The labour force participation rate for younger individuals also declined.
Digital Core REIT responds to unitholder queries about Frankfurt acquisition
Queries include questions about its valuation and factors on size acquisition.
Real incomes rise in 2024 as wages increase and inflation eases
Both lower- and median-income workers experienced an increase in real incomes.
Singapore’s ageing population boosts demand for senior healthcare innovations
Experts highlight AI and robotics as key drivers in transforming aged care.
Hybrid work exposes generational divides in businesses
Changes in automation and collaboration were observed in hybrid teams.
IHH Healthcare’s YTD 2024 earnings drop 13% YoY
Excluding exceptional items, earnings grew by 35%.
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