Singapore
RHB downgrades Singapore banks to Neutral on weaker outlook
RHB downgrades Singapore banks to Neutral on weaker outlook
Banks are expected to feel pressure across several fronts, including lending, interest income, and non-interest revenue.
CGS cuts 2025 GDP forecast to 1.6% amidst tariff risks
The firm emphasised that Singapore’s ability to offer new concessions is limited, given its already liberalised trade framework.
Singapore sees 16% YoY rise in Q1 investments: JLL
Singapore recorded $2.8b (US$2.2b) in investments for the period.
Carousell says its users avoided 153,000 tonnes of carbon emissions in 2023
Carousell Group linked this to users choosing pre-owned over new items.
Nearly half of travellers aware of tourism’s impact on local communities
68% want their travel spending to benefit local communities.
Daily Markets Briefing: STI up 0.99%; Top stock is Seatrium Ltd
Seatrium Ltd is the top stock with a 4.26% increase.
Singapore sees 16% YoY rise in Q1 investments: JLL
Singapore recorded $2.8b (US$2.2b) in investments for the period.
Consumer inflation expectations rise even as official indicators remain steady
CPIex rose 5% in March, up from 4.4% in December last year.
Singapore strengthens regional trade with ASEAN-Australia-NZ pact
The agreement creates a free trade area for more than 703 million people.
Johor-Singapore SEZ shows value of cooperation: Gan
The Deputy Prime Minister recently spoke at the JS-SEZ Joint Business and Investment Forum.
Meta appoints Nicole Tan as new country director for Singapore
Her appointment will take effect on 2 June.
Cushman & Wakefield taps Matthew Bouw as the new chief executive for APAC, EMEA
His appointment will take effect from 1 May.
ESR-REIT’s NPI up 31.3% YoY in Q1
This was mainly attributed to the full quarter contributions from its “on-strategy” acquisitions.
SIAS urges Sin Heng Heavy Machinery shareholders to reject TAL United’s ‘lowball offer’
The offer is a 41% discount on the estimated net asset value per share.
Frasers Centrepoint Trust closes preferential offering with 44.4% excess applications
FCT received 54.4 million excess applications.
Mapletree Global Student Accommodation sells two UK assets
The company sold the assets to CVC DIF.
Keppel secures nearly $2b in capital commitments across three flagship funds
This brings Keppel’s FUM to approximately $4.9b.
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