News
Construction thrives in Singapore as infrastructure and residential projects surge
The cost of materials, however, is impeding the sector's growth.
Construction thrives in Singapore as infrastructure and residential projects surge
The cost of materials, however, is impeding the sector's growth.
LTA awards ST Engineering $175m contracts for bus fleet upgrades
The company expects to complete modernisation works by 2027.
Elite Commercial REIT’s NPI dips 3.7% YoY despite revenue increase
NPI for the period was £8.3m.
S’pore, Canada team up to enhance S&T and innovation ties
Both countries identified four principles that will street ST&I enhancement efforts.
Prudential sees 11% YoY rise in Q1'24 new business profit
APE sales increased by 7% YoY to $1.6b.
Singapore’s outbound real estate investments in APAC dip in Q1: JLL
Cautious sentiment and pricing uncertainties dampen cross-border activity.
Daily Markets Briefing: STI up 0.13%; Top stock is DBS
DBS is the top stock with a 1.862% increase.
GCB market stagnates with only 5 sales in 1Q24
The value of transacted GCBs also fell 10.6% QoQ.
ST Eng’g bags $175m contracts with LTA to modernise bus system
The upgrades will cover 5,800 public buses and will be completed by 2027.
Glencore foresees trading earnings surge to $4.08b-$4.76b
The company expects trading gains from higher interest rates.
DBS achieves record-high Q1 profit of S$2.96b
Dividend is SGD 54 cents per share for the quarter.
Nearly all businesses use gen AI in operations, cybersecurity: report
Security leaders split if gen AI is a boon or bane to cybersecurity.
NeraTel's 1Q24 revenue tumbles 44.7% despite surge in order intake
Its gross profit also dropped 42.4% in 1Q24.
Owner listings up 3.0% QoQ in 1Q24
Year-on-year, listings were 47.8% higher.
Japfa's 1Q24 profit rebounds to $16.93m
A year ago, the company recorded a $58.55m loss.
Singapore trails U.S. in soft drink innovation
In 2023, Singapore introduced 88 new brands and sub-brands in the soft drinks space,
Luxury home sales drop to 46 in 1Q24
Excluding new sales, transactions would have been 17.6% QoQ higher.
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Commentary
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