Culture
Lian Huat Building in Tras Street fetches S$90 million, among latest sub-S$100 million Singapore deals
Sub-S$100 million commercial properties continue to be in demand by property investors. Lian Huat Building, an 11-storey freehold…
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Culture
Del Monte Pacific hit by nearly US$800 million in losses from US unit collapse
Del Monte Pacific, which is dual-listed on the Singapore Exchange and Philippine Stock Exchange, on Thursday (Jul 31) unveiled a net loss…
Culture
Jardine Matheson reports 45 per cent growth in H1 underlying profit to US$798 million
Jardine Matheson Holdings (JMH) reported a 45 per cent growth in underlying profit for the first half of the 2025 financial year to US$798…
Culture
Jardine Matheson reports 45% growth in H1 underlying profit to US$798 million
Revenue for the period down 1% at US$17.1 billion from US$17.3 billion a year prior Jardine Matheson Holdings (JMH) reported a 45 per cent…
Culture
NetLink Trust reports 9.2% fall in Q1 FY2026 earnings to S$23.3 million on lower Ebitda, expanded asset base
But its revenue was up 1.9% year on year at S$102.8 million; Ebitda took a dip of 1.9% to S$70 million The manager of NetLink NBN Trust on…
Culture
Singapore’s Perennial setting up 500 million yuan general hospital in Shanghai
Singapore-based real estate and healthcare company Perennial Holdings announced on Thursday (Jul 31) that it has entered into a…
Culture
Jardine C&C reports 23% fall in H1 earnings to US$371 million on unrealised fair value losses
Jardine Cycle & Carriage (JC&C) on Wednesday (Jul 30) reported a 23 per cent decline in earnings to S$371.1 million for the first half of…
Culture
Mapletree Logistics Trust to divest South Korean property for S$7.4 million
The proposed divestment is in line with its manager’s drive to rejuvenate its portfolio by letting go of assets no longer aligned with its…
Culture
CapitaLand India Trust posts higher H1 DPU as NPI rises 10% to S$113.6 million
Capitaland India Trust (Clint) on Wednesday (Jul 30) posted a higher net property income (NPI) of S$113.6 million for the six months ended…
Culture
Sheng Siong H1 net profit rises 3.5% to S$72.3 million on improved sales mix
Supermarket operator Sheng Siong reported a 3.5 per cent increase in H1 2025 net profit to S$72.3 million, from S$69.9 million in H1 2024…
Culture
Kraken seeks US$500 million funding at US$15 billion valuation, The Information reports
TOCURRENCY exchange Kraken is set to raise US$500 million in funding at a US$15 billion valuation, The Information reported on Tuesday,…
Culture
Samudera Shipping H1 profit doubles to US$41.8 million
Samudera Shipping reported a 100.4 per cent increase in net profit to US$41.8 million for its first half ended Jun 30, from US$20.9…
Culture
Starhill Global Reit H2 NPI flat at S$74.5 million
The manager of (real estate investment trust) posted a net property income (NPI) of S$74.5 million for the second half ended Jun 30, 2025,…
Culture
UOI H1 profit falls 39.1% to S$8.6 million, declares lower dividend of S$0.07 per share
United Overseas Insurance (UOI), the general insurance arm of UOB, posted a 39.1 per cent decline in its net profit for the first half of…
Culture
Stoneweg E-Reit divests non-core office asset in Poland for 7.8 million euros
Net proceeds from the divestment will be applied towards reducing the revolving credit facility and/or for general working capital…
Beauty
Is the Trump Administration Actually Destroying Almost $10 Million Worth of Birth Control?
There are a few indelible images that have already emerged from the second Trump administration: thousands taking to the streets during…
Culture
First Sponsor reports 59.2% jump in H1 earnings to S$19 million, interim dividend of S$0.011 a share
Property developer First Sponsor reported a 59.2 per cent increase in earnings to S$19 million in H1 2025 from S$11.9 million in H1 2024,…
Culture
SIA Q1 net profit falls 58.8% to S$186 million on associates’ losses, lower interest income
Net profit for Singapore Airlines (SIA) declined 58.8 per cent to S$186 million for Q1 FY2026 ending Jun 30, from S$452 million in the…
Culture
iFast posts 37.9% rise in Q2 net profit to S$22.1 million
Digital bank and wealth management platform iFast Corp reported a 37.9 per cent increase in net profit for the second quarter ended June…
Culture
STMicro to acquire part of NXP Semiconductors’ sensor business for US$950 million
Purchase price consists of US$900 million to be paid upfront, and US$50 million to be paid subject to the achievement of technical…
Culture
SingPost divests freight forwarding business Famous Holdings for S$177.9 million
Singapore Post (SingPost) has divested its entire freight forwarding business, Famous Holdings, for about S$177.9 million. The sale…
Culture
Aztech Global H1 net profit drops 65.5% to S$16.1 million on subdued customer demand
Aztech Global’s net profit plunged 65.5 per cent to S$16.1 million, from S$46.7 million, for the first half ended Jun 30, 2025. Similarly,…
Culture
SIA Engineering Q1 net profit rises 29.2% to S$42.9 million on strong MRO demand
Aircraft maintenance provider SIA Engineering Company (SIAEC) on Tuesday (Jul 22) reported a net profit of S$42.9 million for the first…
Culture
Oracle in talks for US$100 million Skydance-Paramount cloud deal
Oracle is in discussions with Skydance Media for a major software deal once the media company’s acquisition of Paramount Global is…