Singapore
Shophouse sales fall nearly 39% in 2024, lowest since 1998: Huttons
The shophouse market only recorded 84 caveated transactions, below the average of 200 transactions from 1995 to 2023.
Half of Singapore workers doubt leaders’ AI implementation skills: survey
Just 47% think their bosses will prioritise employee well-being over profits when making AI-related decisions
4 areas Budget 2025 will likely prioritise
There will be focus on upskilling programmes amongst others.
Almost 40% of S’pore investment professionals expect private capital market to improve
Meanwhile, 10% expect the market to worsen.
Daily Markets Briefing: STI up 0.24%; Top stock is Seatrium Ltd
Seatrium Ltd is the top stock with a 6.48% increase.
Hotel directors say takeover bid ‘too low and inadequate’
The offer price is $2.25 per share.
Wing Tai Holdings 50% profit drop in H1 2025
Earnings per share also dropped from $2.24 to $1.32.
SG firm partners with Congo to close gap in digital ID system
The initiative aims to design a secure national solution adapted to the Congo market.
New Bridge Road commercial site up for sale at $80m
The sale will be via an Expression of Interest.
Spindex sees 6.5% rise in net profit to $6.8m in H1 FY2025
Gross profit increased by 8.9% to $18.8m.
Zhongxin Fruit and Juice records $4m net profit in HY2025
However, the gross profit margin decreased to 16.3% from 18.4%.
STI rises 23.2% in 10 months, surpassing 17-year high
STI recorded a net institutional inflow of $489m.
OCBC, EnterpriseSG offer SMEs sustainability assessments, green loans
SMEs will be able to measure their sustainability performance.
Singapore cap rates remain stable in Q4 2024
In APAC, consumer spending has surged during the Q4 festive season, benefitting the retail sector.
FSL Trust posts $11m net profit in 2024
This is an increase compared to a net profit of $3.7m in the same period of the preceding year.
Singapore remains Western Australia’s top APAC market in 2024
Family travellers accounted for 35% of total visits.
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