Real Estate

UOI’s H2 profit down 9.8% at S.6 million
UOI’s H2 profit down 9.8% at S$15.6 million
UNITED Overseas Insurance, the insurance arm of UOB, posted a net profit of S$15.6 million for the second half of its 2024 fiscal year ended Dec 31, a 9.8...
Grand Centrex’s Nasdaq listing fuels ambitions of becoming video game developer
Grand Centrex’s Nasdaq listing fuels ambitions of becoming video game developer
It aims to eventually build a sizeable game studio in Singapore, capable of producing blockbustersVIDEO game distributor and publisher Grand Centrex Limited (GCL) has come a long way. The company...
MAS review group incentives could pull in regional biotech, fintech players: observers
MAS review group incentives could pull in regional biotech, fintech players: observers
High-growth companies in the technology, healthcare and sustainability-linked industries are potential entrants, tooMARKET watchers believe tax incentives proposed by the Monetary Authority of Singapore’s (MAS) equities market review group...
AI to transform wealth management, Microsoft executive says
AI to transform wealth management, Microsoft executive says
ARTIFICIAL intelligence will bring major upheaval to wealth management, a Microsoft executive said, as the technology’s potential to process information vastly reduces the hurdles required to compete with established...
Arm recruits from customers as it plans to sell its own chips
Arm recruits from customers as it plans to sell its own chips
ARM has begun recruiting from its own customers and competing against them for deals as it pushes toward selling its own chips, according to people familiar with the matter...
Money Talk: Why Revenue Doesn’t Equal Profit
When you’re running a business, it might seem like revenue is the ultimate goal. After all, more money coming in means you’re doing well, right? But hold up—revenue isn’t...
US: Wall St opens higher after producer prices data
US: Wall St opens higher after producer prices data
Wall Street’s main indexes opened higher on Thursday (Feb 13) as investors parsed the latest producer prices data, while the prospect of Russia-Ukraine peace talks spurred some risk-taking.The Dow...
MAS review group proposes tax perks to boost Singapore’s equities market; further details on Feb 21
MAS review group proposes tax perks to boost Singapore’s equities market; further details on Feb 21
THE Monetary Authority of Singapore’s (MAS) equities market review group is proposing to introduce tax incentives to spur more listings and investments in Singapore’s equities market, in its first...
Sony hikes profit forecast on strong gaming business
Sony hikes profit forecast on strong gaming business
It expects a net profit of 1.08 trillion yen (S$9.44 billion) in the year ending March 31, compared with an earlier projection of 980 billion yenJapanese entertainment and electronics...
Siemens posts better than expected profit despite weakness at factory automation
Siemens posts better than expected profit despite weakness at factory automation
Siemens reported an 8% drop in industrial profit to 2.52 billion euros (S$3.54 billion), beating forecasts for 2.44 billion eurosSiemens reported better than expected profit for its latest quarter...