News
Record sales drive Sri Tang Gloves' profit surge in 1Q24
Record sales drive Sri Tang Gloves' profit surge in 1Q24
The company reported a net profit of THB146.8m ($5.4m).
Worker and student accommodation demand boosts Centurion revenue
The company posted a 30% revenue growth in 1Q24.
HSBC's Philip Lee joins ST Engineering board
He will be part of the finance committee.
Civmec posts a 16.9% rise in net profit for 3Q24
The company also posted higher revenue.
F&N profit rises 52.5% YoY in 1H24 despite currency challenges
Attributable profit for the period was $83.8m.
SingPost transition lifts FY23/24 net profit to $81.5m
NPI rose 110.2% YoY.
United Hampshire NPI suffers 1.3% YoY drop in 1Q24
The REIT linked the decline to the loss of contributions from Big Pine Center.
Kimly's sees net profit dip of 6.1% YoY in H1 2024
This was despite a 1.9% increase in revenue.
S’pore insurers not mandated to override decisions on PWD provisions
MAS found no unfair practices but stressed improved insurer communication.
Food Empire posts 14.5% YoY revenue growth in 1Q24
The company sees gains from 2Q24 with Malaysian expansion.
OCBC courts Great Eastern with S$1.4b offer
The bank plans to increase its investment beyond its current 88.44% stake.
Fu Yu registers a net profit of $5,200 in 1Q24
The company linked low net profit to its manufacturing arm.
Rize eyes tech boost, expansion through $18.95m Series A funding
The company targets growing its team of agronomists to over 100 to reach more rice farmers in 2024.
Singaporean workers wary of trusting AI: report
Workers fear losing control over AI; human oversight crucial to trust.
Business park rents grow 2.1% in 1Q24
Rents, however, may soften amidst elevated vacancies.
Daily Markets Briefing: STI up 0.04%; Top stock is DBS
DBS is the top stock despite a 1.204% decrease.
Singapore office demand softens
Previously leading office expansions, tech firms and banks are now scaling back.
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