News

UOB’s core net profit down 1% to S$1.6b in Q1 as interest income dips

Trading and investment income hit a record high, however.

UOB’s core net profit down 1% to S$1.6b in Q1 as interest income dips

Trading and investment income hit a record high, however.

ISCA and CBD commit to enhance board diversity and governance

Training programmes will be held for company directors.

Private home rents dip 1.3% in Q1

Rents fell steepest in the Core Central Region

UOB to maintain good asset quality amidst profitability dip

The bank is also expected to have a steady core capital ratio.

Paragon REIT reports $73.8m revenue in 1Q24

The REIT also reported stable occupancy rates in the period.

DBS to maintain strong solvency, robust funding: Moody’s

It is anticipated to sustain high profitability with return on assets of around 1.3%.

AIMS APAC REIT distribution per unit slips 5.9% YoY in FY2024

On the other hand, net property income grew 6.9% YoY.

MAS penalises Swiss-Asia Financial for serious AML failures

The imposed composition penalty is worth $2.5m.

Gourmet Park Kampong Bugis pop-up now open

It features lineup of events such as chef collaborations, grill-outs, and pet-friendly activities.

dnata names new Singapore managing director

Neo Su Yin will lead operations at Changi Airport.

Road closures set around Sports Hub, Marina Centre for OCBC Cycle on 11-12 May

Over 7,000 cyclists are expected to participate at the OCBC Cycle 2024.

Fortescue completes propulsion, manoeuvrability trials for ammonia-powered vessel

The tests ran for 10 days using ammonia, diesel, and HVO as fuel.