• Jumbo H1 profit falls 22.3% to S$6.2m on higher operating costs

    [SINGAPORE] Jumbo Group posted a 22.3 per cent drop in net profit to S$6.2 million for its first half ended Mar 31, 2026, from S$7.9 million in the previous corresponding period.In an update released on Friday (May 8), the group attributed the fall mainly to higher operating expenses, including employee benefits, operating leases, and utilities.The Catalist-listed food and beverage group cited “annual wage adjustments, higher headcount required to support recently opened outlets, increased business activities and expanded operation premises”.Earnings per share stood at S$0.01 for the half-year, down from S$0.013 the previous year.Revenue rose 7.9 per cent to S$105.1 million,…

Business

Lifestyle

  • Don’t let RFK Jr distract from the big health threat: Sugar

    It’s not the food dye in Froot Loops that Americans should fear; it’s the more than 66 pounds of sugar they consume a year ARE there “toxic chemicals” in food killing Americans? That fear is getting lots of attention thanks to Robert F Kennedy Jr, president-elect Donald Trump’s pick to…

National

  • Volvo Cars says demand for new EX60 electric SUV exceeds expectation

    Published Wed, Apr 22, 2026 · 10:27 PM [GOTHENBURG, Sweden] Volvo Cars expects to build up to 40,000 cars of its new flagship electric model this year, with demand exceeding initial expectations, its CEO told Reuters as the automaker kicked off production in Sweden on Wednesday (Apr 22). Volvo, which…

World

Culture

  • Upset Taylor Swift says she was told Ticketmaster could handle demand

    POP superstar Taylor Swift said on Friday it was “excruciating” for her to watch fans struggle to secure tickets for her upcoming U.S. tour after she had been assured that Ticketmaster could handle large demand. The New York Times reported that the US Justice Department was investigating whether Ticketmaster parent…

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