News

Daily Markets Briefing: STI down 0.75%

Singtel led the gains with a 3.03% increase.

6.6 million of global international arrivals came from Singapore in 2018: report

Singaporean travellers contributed $8.43b to total travel expenditure worldwide.

Genting Singapore may shell out $1b in FY2019 capex: analyst

The firm is likely to incur $250m per quarter for land acquisition alone.

MAS and SGX RegCo launch trade surveillance practices guide

It encourages proper recordkeeping and periodic quality assurance reviews on compliance reports.

YZJ Shipbuilding profits up 11% to $345.4m in H1

However, new shipbuilding orders declined by 50% YoY in DWT terms.

Tourist spending down 4.8% to $6.5b in Q1

Spending for accommodation and shopping fell sharply during the quarter.

Google and UOB launch SME Leadership Academy

The programme features discussions on how to use digital tools for HR and marketing.

MAS launches consultation paper on controls against market abuse

It proposes to tighten requirements for ultimate beneficial owners, amongst others.

Singapore sheds household debt as housing market slows: HSBC

Household debt as a share of Singapore’s GDP already fell below the 70% mark.

Hyflux deadline to ink Utico deal extended to August 26

This is reportedly to account for the number of public holidays in August.

Genting Singapore profits dipped 5% to $373.6m in H1

This was partly due to slower mass gaming business.

PMI climbs 0.2 point to 49.8 in July

A marginal expansion of new orders and factory output drove the recovery.

Chart of the Day: Residential listings under mortgagee sales rocketed 97.8% in Q2

Volatile markets and steep interest rates pushed up quarterly listings.

Daily Markets Briefing: STI down 2.04%

DBS was the top active stock with a 3.66% decline.