News
Long weekends drive short-stay travel across Asia: report
Accommodation searches rose 80% MoM over Hari Raya long weekend.
Gov’t acquires land from Malaysia for Woodlands Checkpoint extension
The expansion will take place in phases over the next 10 to 15 years.
Insurtech bolttech closes $147m series C funding round
Sumitomo Corp also entered into a JV with bolttech for embedded insurance.
ThaiBev launches US$2b multicurrency debt issuance programme
Net proceeds will be used for general corporate purposes
Singapore to strengthen collaboration on sustainability with PH
The two states agreed to expand collaboration in renewable energy, including solar and wind.
SIAS urges shareholders to await IFA opinion on Singapore Paincare offer
Shareholders may gain less if they sell before the IFA’s advice.
IOI Properties acquires CDL’s stake in South Beach for $834.2m
The deal values the South Beach project at $2.75b.
Strata industrial sales hit 5-year low in Q1
Sales volume dropped to 351 transactions in Q1, as businesses put expansion plans on hold.
Singapore businesses and consumers mixed on CX rate: survey
Whilst 90% of local businesses rate their customer engagement as 'good' or 'excellent,' only 57% of Singapore consumers agree.
Daily Markets Briefing: STI up 0.08%; Top stock is UOL
UOL is the top stock with a 2.73% increase.
Lakeside Drive site draws six bids despite market caution: analysts
This is the highest land rate for an Outside Central Region site since November 2023.
Businesses lose $7m on average to fraud in past year: report
Fully online businesses in Singapore saw the sharpest spike, reporting a 64% YoY increase in fraud-related losses.
Nearly 50% of consumers use AI to assist shopping: survey
The report found that 49% of Singapore consumers used AI tools, such as ChatGPT, for shopping in the past year.
More than 30% of consumers are increasingly driven by social media trends: report
Singapore consumers say social media trends influence their buying decisions.
Six in 10 shoppers abandon purchases over slow checkout
56% would walk away if their preferred payment method isn’t offered.
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