The Business Times
Daphne Yow

Daphne Yow

GARAGE JOURNALIST

Daphne is a journalist with the Garage team at The Business Times, covering startups and tech. She graduated from the National University of Singapore with a degree in communications and new media.

emaildaphneyow@sph.com.sg
email@DaphneYowBT
Singapore had more than 800 AI startups in 2021, the latest year for which Enterprise Singapore has data, with the number having grown at a compounded 18 per cent a year since 2018.

Talent shortage a hurdle for Singapore’s AI startups as demand spreads across industries 

ARTIFICIAL intelligence (AI) talent is hot property and local startups are struggling to snag enough of it. Industry players said hiring competition...

Some AI applications, such as large language models and computer vision, have to be localised for higher accuracy, say industry players.

Localisation and niche markets: How Singapore’s AI startups can stay competitive 

SINGAPORE’S artificial intelligence (AI) startups can hold their own against larger international players if they focus on niche markets and aim to...

Apac Realty says the total dividend of 2.5 Singapore cents for FY2023 will amount to a dividend payout ratio of 78 per cent.

Apac Realty H2 profit down 31.4% to S$6.8 million 

APAC Realty posted a 31.4 per cent drop in net profit to S$6.8 million for the six months ended Dec 31, 2023,...

QAF, the maker of Gardenia bread,

QAF profit rises 101% to S$22.6m in H2

MAINBOARD-LISTED QAF posted a 101 per cent rise in net profit to S$22.6 million for the second half of the year ended...

Singapore Land Group's board has proposed a final dividend of 4 Singapore cents per share for FY2023.

SingLand H2 net profit rises 7% to S$102.4 million on fair-value gain on investment properties

SINGAPORE Land Group (SingLand) reported a 7 per cent rise in net profit to S$102.4 million in the six months ended Dec...

Generic photos for Budget 2024

HRnetGroup H2 profit rises 7.1% to S$35.3 million on strong profit margin

MAINBOARD-LISTED HRnetGroup posted a 7.1 per cent rise in net profit to S$35.3 million for the second half of 2023, from S$32.9...

Genting Singapore said Resorts World Sentosa has bounced back to levels nearing the pre-pandemic period.

Genting Singapore H2 profit rises 31% to S$334.9 million on strong post-pandemic recovery

INTEGRATED resort operator Genting Singapore posted a 31 per cent rise in net profit to S$334.9 million for the second half of...

Wilmar International's chairman and chief executive, Kuok Khoon Hong, expects tough operating conditions to continue into FY2024.

Wilmar H2 net profit falls 21.3% on lower contributions from feed and industrial products

WILMAR International’s net profit for the half year ended December 2023 fell 21.3 per cent to US$973.9 million, from US$1.2 billion the...

UOB's general insurance arm declared a final dividend of 8.5 Singapore cents per share and a special dividend of 4 cents per share for FY2023.

UOI H2 net profit falls 6% to S$17.3 million

UNITED Overseas Insurance (UOI), the general insurance arm of UOB, reported a net profit of S$17.3 million for the second half of...

ValueMax has announced a final dividend of 2.20 Singapore cents per share for FY2023, with the date payable to be announced later.

ValueMax H2 profit rises 44.4% to S$27.8 million on higher revenue

VALUEMAX on Tuesday (Feb 20) posted a 44.4 per cent rise in net profit to S$27.8 million for the second half of...

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