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Tag: stock market

Posted on 28/02/2025

Olam Group’s profit drops on rising commodity prices, finance costs

Singapore's Olam Group reported a slump in its full-year underlying profit on Friday, impacted by an increase in net finance costs coupled with a sharp rise in prices of commodities such as cocoa and ...

Posted on 28/02/2025

Singapore’s Olam Group reports around 53% fall in full-year profit

Singapore's Olam Group reported a slump in its underlying profit for the year on Friday, impacted by an increase in its net finance costs.

Posted on 28/02/2025

Singapore stocks rise 0.3% despite Yangzijiang Shipbuilding dive

The three local banks had a mixed showing, with DBS declining while OCBC and UOB advanced. Read more at straitstimes.com.

Posted on 28/02/2025

Moglix Secures $12.3 Mn from Singapore Parent Amid Plans for India Domicile Shift and IPO

Credlix provides SMEs in sectors like electronics, automotive, textiles, and aerospace components with collateral-free lending options. This action demonstrates Moglix’s goal of becoming a world ...

Posted on 27/02/2025

Singapore can be ‘bridge-builder’ in more fragmented world by serving as trusted innovation hub: DPM Heng

Mr Heng Swee Keat, who chairs the National Research Foundation and Future Economy Advisory Panel, also announced two major new initiatives for the Research, Innovation and Enterprise (RIE) sector from ...

Posted on 27/02/2025

Budget 2025: Increased investments in research, innovation, enterprise will benefit economy and society: Heng Swee Keat

Singapore has much to celebrate this year with SG60, but we must be aware of the rapidly changing global landscape and invest in creating our future, said Deputy Prime Minister Heng Swee Keat on ...

Posted on 27/02/2025

FII-backed pharma stock: Company acquires 10k shares of Singapore subsidiary; up 335% in 1 yr

Mumbai-based Sudarshan Pharma Industries is a smallcap company, engaged in specialty chemicals and intermediates for various sectors. Its shares have delivered an impressive return of 335 per cent in ...

Posted on 27/02/2025

CapitaLand Investment posts second-half profit rebound; proposes dividend-in-specie of CICT units

SINGAPORE - Real estate investment manager CapitaLand Investment (CLI) bounced back into profit in the second half of 2024, proposing a special dividend in the form of units in its biggest Reit and a ...

Posted on 27/02/2025

335% Jump In 1 Yr: Multibagger Penny Stock Expands Global Footprint With Singapore Subsidiary Acquisition

For an estimated S$10,000, Sudarshan Pharma Industries Limited (SPIL) purchased 10,000 shares in the pharmaceutical firm owned by Amar Ashok Vyas.

Posted on 27/02/2025

Budget 2025 debate: Don Wee on Singapore as leader in green finance and sustainability

Singapore must continue to lead in green finance and sustainability, said MP Don Wee. Speaking in parliament on Thursday (Feb 27), he urged the government to liberalise the GST treatment for input tax ...

Posted on 27/02/2025

Singapore To Invest $44.8M To Develop Space Industry by Setting up Earth Observation Initiative

Singapore will collaborate with its international counterparts to create global norms and an inclusive, open, and rules-based system that governs space operations.

Posted on 27/02/2025

Singapore’s DBS to cut 4,000 jobs, replace humans with AI

WHAT humankind feared the most about AI is catching up. Singapore’s biggest bank says it will be laying off 4,000 people over the next three years. This is beca ...

Posted on 27/02/2025

Father-Son Feud Plunges Singapore’s Richest Clan Into Crisis

An alleged boardroom coup attempt, a lawsuit between a family patriarch and his son, and accusations of corporate governance lapses — even by the standards of Asian succession drama, the family feud ...

Posted on 26/02/2025

Basel Medical opens at $4.19, IPO priced at $4 per share

Basel Medical (BMGL) filed for an initial public offering of 2.205M ordinary shares. Cathay Securities is acting as the underwriter for this ...

Posted on 26/02/2025

Singapore equities climb 6% on gains in finance, telecom sectors: FTSE Russell

Singapore’s equity market delivered a 6.0% return, outperforming its ASEAN peers. Singapore’s strong equity performance, driven by Financials, Telecom, and Utilities, reflects robust market sentiment, ...

Posted on 26/02/2025

Singapore’s Mapletree wins land tender, adds Tsing Yi logistics site to Hong Kong assets

Hong Kong has awarded Singapore’s Mapletree Investments a 50-year land grant to a parcel of land in the New Territories for about HK$3.68 billion (US$473 million), according to the Lands Department on ...

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