Business
NetLink NBN Trust’s net profit slips 6.9% to S$46.9 million for H2 FY2025
Internet service provider NetLink NBN Trust posted a 6.9 per cent decrease in net profit to S$46.9 million for the second half ended Mar…
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Business
NetLink NBN Trust’s net profit slips 6.9% to S$46.9 million for H2 FY25
Internet service provider NetLink NBN Trust posted a 6.9 per cent decrease in net profit to S$46.9 million for the second half ended Mar…
Business
Sats to invest over S$250 million to upgrade operations, cargo handling infrastructure at Changi Airport
These strategic initiatives will also enhance operational reliability and safety, and optimise turnaround times Catering and ground…
Business
Sasseur Reit posts 1.6% rise in Q1 rental income to 175.4 million yuan
The global tariffs imposed by the US and the push by the Chinese government to boost domestic consumption provide Sasseur Real Estate…
Business
EC World Reit’s Q1 net property income more than halves to S$10.8 million as it looks to sell more assets to repay debt
EC World Real Estate Investment Trust’s (Reit) net property income for the first quarter of 2025 more than halved to S$10.8 million, from…
Business
ComfortDelGro posts 19% rise in Q1 net profit to S$48.3 million
Transport behemoth ComfortDelGro posted a 19 per cent rise in its net profit of S$48.3 million for the quarter ended March on…
Business
SIA Engineering H2 net profit up 87.3% at S$70.8 million
SIA Engineering (SIAEC) reported an 87.3 per cent jump in net profit to S$70.8 million for the six months ended March 2025 from S$37.8…
Business
Marco Polo Marine posts 3.4% decline in H1 profit to S$10.6 million
Marco Polo Marine on Friday (May 9) posted a 3.4 per cent year on year decline in H1 net profit to S$10.6 million, from S$11 million. The…
Business
Far East Orchard Q1 net profit more than doubles to S$17.3 million
Hospitality and student housing player Far East Orchard’s net profit more than doubled to S$17.3 million for the first quarter ended Mar…
Business
Singapore-based biotech firm Nuevocor raises US$45 million in Series B round
Biotechnology company Nuevocor announced on Wednesday (May 7) that it completed a US$45 million Series B funding round from new and…
Fashion
Met Gala Breaks Record With $31 Million Raised
Five hundred people RSVP-ed to Monday morning’s media preview for “Superfine: Tailoring Black Style” at the Metropolitan Museum of Art;…
News
Brazil Police Foil Horror Bomb Threat at Lady Gaga's Concert at Copacabana Beach Attended by 2.1 Million People as They Arrest Mastermind
Police in Rio de Janeiro thwarted a bomb attack that was allegedly planned to target Lady Gaga's landmark concert at Copacabana Beach,…
Business
TikTok fined 530 million euros in EU over China data transfer
TikTok was hit with a massive EU fine of 530 million euros (S$779 million) on Friday (May 2), accused of sending personal data of…
Business
Apple expects US$900 million tariff hit as it shifts US iPhone supply to India
Apple on Thursday (May 1) reported first-quarter profit above expectations, but warned that US tariffs could cost the company and were…
Business
German VW plant hits 1 million electric vehicles as cutbacks loom
The Volkswagen logo is seen on the roof of the VW brand tower in Wolfsburg. Moritz Frankenberg/dpa Electric car production at Germany's…
Business
Elite UK Reit posts 10.2% rise in Q1 2025 distributable income to £4.8 million
The manager of Elite UK real estate investment trust (Reit), announced a 10.2 per cent year-on-year increase in distributable income to…
Business
CapitaLand Investment total revenue falls 24% to S$496 million in Q1
CapitaLand Investment (CLI) reported a total revenue of S$496 million for the first quarter ended Mar 31, down 24 per cent from S$650…
Business
Pop Mart holder sells US$101 million stake after shares hit record
The toy company is the top gainer in the MSCI China Index over the last 12 months, with its shares jumping more than 470 per cent An…
Business
Grab raises full-year adjusted Ebitda guidance after posting US$24 million profit in Q1
Grab on Wednesday (Apr 30) reported net profit of US$24 million for the first quarter ended Mar 31, 2025, reversing from a US$104 million…
Business
Far East Hospitality Trust Q1 net property income falls 8.3% to S$23 million
Far East Hospitality Trust’s (FEHT) net property income fell 8.3 per cent year on year to S$23 million for the first quarter ended March,…
Business
ST Engineering unit to issue US$750 million 4.25% notes due 2030
They will be issued under the company’s S$5 billion global medium-term note programme A wholly owned subsidiary of Singapore Technologies…
Business
UOI Q1 profit before tax dips 3% to S$7.8 million on lower non-underwriting income
The fall is attributed to lower non-underwriting income, which dropped 12% to S$3.7 million United Overseas Insurance (UOI), the general…
Business
LMIRT Q1 net property income dips 2.4% to S$29.2 million
Lippo Malls Indonesia Retail Trust (LMIRT) on Monday (Apr 28) posted a 2.4 per cent decline in net property income to S$29.2 million for…
Business
Sats’ WFS opens US$270 million cargo terminal at JFK Airport
Worldwide Flight Services (WFS) has partnered the Port Authority of New York and New Jersey and global investment manager Realterm to open…