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M’sia dreams of being a global hub for VCs by 2030, here’s how it’ll be made a reality
Here's what our government is doing to turn Malaysia into an attractive hub for local venture capitalists and global ones by 2030.
SIIC Environment Holdings Ltd first profit declines over lower construction revenue
The company generally had a lacklustre performance during the quarter. SIIC Environment Holdings Ltd. reported a 15.8% decline in its net profit attributable to shareholders in the first quarter of
Singapore stocks opened steady on Tuesday—STI up by 0.01%
SINGAPORE: Singapore stocks opened steady on Tuesday morning, reflecting global market sentiment as investors awaited... The post Singapore stocks opened steady on Tuesday—STI up by 0.01% appeared fir
Sasseur REIT EMA rental income slips 1.4% in Q1 2024 due to weak yuan
Outlet sales also fell 2.6%. Sasseur REIT reported a 1.4% decline in its Entrusted Management Agreement (EMA) rental income to $32.6m due to a weaker yuan against the Singaporean dollar in the first
Hong Kong stocks extend rally to 9-month high before Alibaba, Tencent report earnings while ESR surges on take-private bid
Hong Kong stocks extended a bull run to approach the highest level in nine months, buoyed by gains among leading Chinese technology companies before their quarterly earnings reports. Logistics asset
EC World REIT Q1 DPU falls 19.8% amidst lower revenue and higher interest rates
The manager reported lower operating performance during the period. EC World REIT said its distribution per unit declined 19.8% to 0.904 Singapore cents in the first quarter of the year (Q1 2024). In
Real estate agent's stunning admission about his side hustle
The man, from south-east Queensland, lifted the lid on his side gig as a traffic controller which he scored after completing a two-day course.
OCBC launches $676.95m fixed rate subordinated notes
The notes will have a coupon of 5.52% annually. OCBC priced $676.95m (US$500m) of fixed-rate subordinated notes under its $40.62b (US$30b) global medium-term note programme. In a bourse filing, OCBC
Government will use AI to crack down on benefit cheats
The Department for Work and Pensions is investing £70million into high-tech 'machine learning' in an attempt to identify patterns and anomalies among welfare applications that could be fraud.
LHN net profit drops 14.6% in H124
Gross profit rose 36.0% to $34.6m. LHN reports a net profit of $13.0m in 1H24, down 14.6% YoY from $15.2m in H123 due to the absence of one-time gain realised in H123. Revenue for the period rose 27
4 Ways Baby Boomers Can Get Out of Debt in 2024
Debt is the scourge of financial planning. Debt not only diverts cash flow from investments, it also accrues interest -- often at very high rates. According to the St. Louis Fed, for example,
OCBC's bid for Great Eastern Life to boost sector valuations
OCBC has been a shareholder in Great Eastern Life since 1958. The bid for Great Eastern Life by Oversea-Chinese Banking Corporation (OCBC) is expected to positively impact the valuation of its peers,
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