News

Straco rebounds with $25.68m net profit in 2023

The company recorded a $10.8m loss in the previous financial year.

Straco rebounds with $25.68m net profit in 2023

The company recorded a $10.8m loss in the previous financial year.

HDB resale prices up by 0.3% MoM in March

A total of 2,063 HDB resale flats were transacted in March 2024.

Homebuyers more selective on buffet of new private homes in SG

Sales may pick up in H2, as borrowing conditions ease thanks to declining interest rates.

SGX-listed APS to acquire Taiwan green data firm for $202.3m

APS aims to build the first of the sustainable data centres by 2025.

ST Eng'g net profit to rise 21% in 2024 on $7.9b order book

An analyst projects continued growth for ST Engineering driven by its businesses.

Ocean Sky International’s Tan Min-Li resigns as director

After more than nine years, Tan Min-Li leaves her post in the company effective end-April.

Straits Trading divests Aussie industrial property for $46.3m

The property has a net lettable area of 37,809 sq m.

Singapore ranks 17th best for business startup

It only takes two days to set up a business in Singapore.

Cordlife extends trading halt for third time

The company has yet to resume trading since April 1.

ISCA, LSBF partner to establish SCAQ Academy in Singapore

The  academy will operate from 6 pm to 9 pm on weekdays.

Bonuses drop for Singapore banking professionals

Those holding a vice president role saw their bonuses decline by 39% in 2023.

Apex Asia buys Sin Ming Centre for $49m

Apex is mulling tearing down Sin Ming Centre to reconstruct a new mixed-used development.

Singapore GDP seen growing 3.4% in Q1: Nomura

Weak global growth poses downside risk.

Nomura raises inflation outlook to 3.3% this year 

MAS likely to keep policy settings unchanged.

Lunar New Year fuels 8.4% growth in SG’s Feb retail sales

Favourable results are also expected in March due to factors like Taylor Swift’s Eras Tour.

BNP Paribas cuts back on Singapore office footprint due to costs

The bank occupies six floors in Ocean Financial Centre.