Posts by Yurie Miyazawa
Grab makes move to enter motor insurance market in Singapore
[SINGAPORE] GrabInsure, the insurance arm of the Grab group, is gearing up to enter Singapore’s motor insurance market. Some industry insiders said the move could deal a blow to the dominance of existing players like Income Insurance. Grab joined the General Insurance Association (GIA) in May, after it obtained a general insurance licence from the…
Read MoreStamford Land H2 profit falls 14.2% to S$17.6 million on lower contributions from property development segment
[SINGAPORE] Property company Stamford Land reported a 14.2 per cent fall in net profit to S$17.6 million for its second half ended March, from S$20.6 million in the year-ago period. Earnings per share (EPS) stood at S$0.0119, down from S$0.0138. This came amid a 6.5 per cent decline in revenue, which came in at S$78.3…
Read MoreStocks to watch: Grand Venture, TungLok, DFI, Olam, Stamford Land, Boustead, Wee Hur, OKP
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Jun 2). Grand Venture Technology: The semiconductor company on Sunday said it had paused its proposed secondary listing on Malaysia’s Bursa exchange in view of confidential talks with a third party in relation to a possible transaction which could…
Read MoreStocks to watch: Grand Venture, Tung Lok, DFI, Olam, Stamford Land, Boustead, Wee Hur, OKP
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Monday (Jun 2). Grand Venture Technology: The semiconductor company on Sunday said it had paused its proposed secondary listing on Malaysia’s Bursa exchange in view of confidential talks with a third party in relation to a possible transaction which could…
Read MoreAI demand drives chip equipment sales forecast to new highs but tariff jitters cloud outlook
[SINGAPORE] Fuelled by the explosive demand for artificial intelligence (AI), global semiconductor manufacturing is poised for growth, with equipment sales projected to hit a record US$121 billion this year – surpassing last year’s high – even as geopolitical tensions loom large. While high-end AI models continue to push demand for more powerful and efficient chips,…
Read MoreIndependent director Chua Kee Lock acquires venture shares on open market
[SINGAPORE] Over the five trading sessions from May 23 to May 29, institutions were marginal net sellers of Singapore stocks, with net institutional outflow of S$2 million compared to net outflow of S$65 million for the preceding five sessions. This keeps the net institutional outflow for the 2025 year to May 29 at S$1.73 billion. …
Read MoreTrump says he plans to double steel, aluminum tariffs to 50%
[WEST MIFFLIN] US President Donald Trump on Friday said he planned to increase tariffs on foreign imports of steel and aluminum to 50 per cent from 25 per cent, ratcheting up pressure on global steel producers and deepening his trade war. “We are going to be imposing a 25 per cent increase. We’re going to…
Read More10 Advantages of Replacing the Roof of Your Rental Properties
It is essential to maintain the property if you have a single-family home or a townhouse that you rent to tenants. Even if you’re not living under that roof, replacing the roof on your rental properties has great advantages, especially in areas like Knoxville, TN, where the weather can take a toll on older homes.…
Read MoreChina’s central bank injects 700 billion yuan of outright reverse repos in May
Market participants are closely watching for signals on when the PBOC will resume purchases of its own government bonds Published Fri, May 30, 2025 · 06:57 PM [SHANGHAI] China’s central bank has injected 700 billion yuan (S$125.5 billion) into its banking system during May through an outright reverse repurchase tool, the bank said on Friday…
Read MoreFuji Offset Plates Manufacturing shares jump 67% after former Dyna-Mac CEO AC Lim buys S$4.5 million stake
[SINGAPORE] It appears former Dyna-Mac chairman and chief executive Lim Ah Cheng – better known in the industry as AC Lim – is working his magic again. Lim, who was credited with steering offshore oil and gas contractor Dyna-Mac from the brink of bankruptcy, has agreed to subscribe to 10 million new shares in Fuji…
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