Posts by Stephanie Irvin
Raffles Medical posts 4.3% rise in H2 profit to S$31.6 million
PRIVATE healthcare provider Raffles Medical Group posted a 4.3 per cent rise in net profit to S$31.6 million for its second half ended Dec 31, 2024, from S$30.3 million in the previous corresponding period. This translates to an earnings per share (EPS) of S$0.017 against an EPS of S$0.0163 previously. Revenue for H2 climbed 14.8…
Read MoreAustralia’s Perpetual ends talks with KKR on sale of wealth, trust units
AUSTRALIA’S Perpetual on Monday said it has ended talks with KKR for the sale of its wealth management and corporate trust units, while confirming plans to pursue a sale of its wealth management business separately. The deal with KKR, which was initially announced in May last year, was deemed to be not in the best…
Read MoreQatar signs deal with Scale AI to use AI to boost government services
Scale AI will develop more than 50 possible uses of AI for Qatar’s government over the next five years QATAR’S government has signed a five-year deal with artificial intelligence (AI) data company Scale AI to deploy AI-powered tools and training in a push to improve government services in the Gulf Arab state, a senior Scale…
Read MoreMAS review group disappoints, then delivers
Some market watchers may worry demand-side measures such as the S$5 billion EQDP are the wrong place to start, but the review group has made it clear it will not stop there THE acid test for the first set of measures to revitalise the Singapore market could be whether the local bourse operator’s share price…
Read MoreDoes the existing approach to corporate governance help or hinder innovation?
There is no easy answer, but current thinking suggests that governance practices may have to be tweaked to allow companies to be more flexible and risk-taking WHEN the Committee on the Future Economy issued its recommendations in 2017, it identified innovation as key to ensuring that local companies are able to compete in today’s digital…
Read MoreWalmart bonuses largely exceed targets but dip from prior year
WALMART will pay corporate employees more than their bonus target for another year, though workers will receive a slightly lower percentage than a year earlier. Most of the US-based staff will receive 122 per cent of what they are eligible for in the year that ended in January, according to people familiar with the matter,…
Read MoreSales Forecasting: Crystal Ball Not Required
Sales forecasting can feel like a guessing game, but it doesn’t have to be. With the right tools and templates, you can create forecasts that actually make sense for your business. Whether you’re working with spreadsheets or advanced software, the goal is the same: to predict future sales and use that data to make smarter…
Read MoreGold eases from record high on profit-taking, eyes eighth weekly gain
GOLD prices eased on Friday (Feb 21) as investors booked profits from the previous session’s record high, but were set for an eighth straight weekly gain, driven by strong safe-haven demand amid concerns over US President Donald Trump’s tariff plans. Spot gold shed 0.1 per cent to US$2,939.63 an ounce as of 2.24 am eastern…
Read MoreWhy Business Professionals Are Turning to Online Education for Continuous Learning
Staying ahead means continuously updating skills and knowledge. Traditional education methods no longer fit the busy schedules of professionals juggling work, family, and personal growth. That’s why more and more business leaders, entrepreneurs, and employees are turning to online education platforms as a flexible, accessible, and cost-effective way to stay competitive. From leadership courses to…
Read MoreSingapore unveils S$5 billion boost for fund managers, other moves to revive equities market
SINGAPORE’S capital markets look set to receive a liquidity boost, following the announcement on Friday (Feb 21) of a S$5 billion investment initiative by a review group led by the Monetary Authority of Singapore (MAS). The new S$5 billion Equity Market Development Programme will channel funds to asset managers with a “strong investment track record”…
Read More