Singapore
Daily Markets Briefing: STI down 0.47%; Jardine C&C is most active stock
Daily Markets Briefing: STI down 0.47%; Jardine C&C is most active stock
Jardine Cycle & Carriage closed trading at 1.60% up.
Value of M&A deals drop 65% YoY in 9M23
The number of deals likewise declined.
Hospitality REITs to get a boost from the normalisation of leisure and business travel
The travel and tourism sector is expected to grow at a 10-year CAGR of 5% to US$15.5t in 2033.
August contraction a ‘blip,’ IP momentum to still improve in 4Q – expert
RHB cited 2 factors for the deeper-than-expected manufacturing output decline in August.
FWA is still the most important non-monetary benefit for jobseekers
Randstad advised that firms should use tech to enhance talent insights.
H2G CEO to stay in his post for now whilst probe remains pending
SGX-listed H2G CEO and executive director Lim Shao-Lin has not been charged.
Elderly Singaporeans pushing for higher retirement age
The seniors also showed support for a re-employment age of 68 years old and higher.
Lack of new launches boosts condo resale prices
In August, prices rose by 1.0% YoY.
JTC launches new site under IGLS Programme
It has a site area of 0.63 hectares.
HDB rents up 20.8% in August
The rents of HDB flats are expected to consolidate for the rest of 2023.
New launches dampen condo rent volumes in August
Compared on a monthly basis, condo rents will decline in the following months, analysts said.
SG, China ink 3 MoUs on maritime collaboration
One of the MoUs will explore the use of zero or near-zero-emission marine fuels.
Coffee chain startup Kenangan Coffee marks Singapore debut
The brand achieved unicorn status in 2022.
SGX orders Boustead Projects to delist
The company failed to restore its public float to at least 10%.
Manufacturing output dips 10.5% MoM in August
Excluding the biomedical manufacturing segment, the output would’ve fallen by 16.6% MoM.
Keppel REIT designates a new chief financial officer
Sebastian Song offers two decades of experience in finance and audit.
Daily Markets Briefing: STI fell 0.01%; The top stock is HongkongLand
HongkongLand traded 1.17% up.
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