Culture
Mapletree Logistics Trust to divest logistics property in Australia for A$60 million
Its manager says the capital freed up will give MLT room to pursue investment openings in modern, high-spec facilities with more growth potential [SINGAPORE] Mapletree Logistics Trust is to...
EC World Reit’s H1 net property income falls 60.3% to S$18.7 million
[SINGAPORE] EC World Real Estate Investment Trust (Reit) reported a 60.3 per cent decline in net property income to S$18.7 million in the first half of FY2025, as it...
US: S&P 500, Nasdaq hit record highs at open on September rate cut hopes
Published Wed, Aug 13, 2025 · 09:45 PM[NEW YORK] Wall Street’s main indexes opened higher on Wednesday (Aug 13) with the benchmark S&P 500 and the Nasdaq hitting record...
Food Empire reports net loss of US$1.5 million, declares first-ever interim dividend of S$0.03
[SINGAPORE] Food Empire reported a net loss of US$1.5 million for the first half-year ended Jun 30, the group said in a bourse filing on Wednesday (Aug 13).This resulted...
AEM net profit more than doubles to S$3.1 million
[SINGAPORE] AEM Holdings posted a 245 per cent increase in net profit to S$3.1 million for the half-year ended Jun 30, from S$895,000 the year before.Revenue for the period...
CSE Global H1 earnings up 8.5% to S$16.3 million, boosted by growth of communications business
[SINGAPORE] Technology solutions provider CSE Global reported a profit of S$16.3 million for the first half of FY2025, up 8.5 per cent from the corresponding period in 2024.Revenue for...
Nanofilm back in the black with H1 net profit of S$1.6 million
[SINGAPORE] Nanofilm Technologies reported a net profit of S$1.6 million for the first half of the year, reversing from a net loss of S$3.7 million in the year-ago period. Revenue...
United Overseas Insurance aims to increase technology investments by almost 50% by 2029
[SINGAPORE] United Overseas Insurance (UOI), the general insurance arm of UOB, will increase its technology investments by almost 50 per cent from 2023 levels by 2029. This will involve rolling...
Singapore’s KPB Biosciences fails in bid to unfreeze assets in US$830 million Novo Nordisk legal battle
[SINGAPORE] Locally headquartered biotech firm KPB Biosciences has failed to set aside a court order for its assets to be frozen, with the Singapore International Commercial Court (SICC) having...
Air Canada flight attendants set 72-hour strike deadline for pay deal
Published Wed, Aug 13, 2025 · 07:02 PM[OTTAWA] The Canadian Union of Public Employees, representing more than 10,000 Air Canada cabin crew, on Wednesday (Aug 13) gave the airline...
