News
Daily Markets Briefing: STI up 0.15%; Top stock is CapLand Ascendas REIT
CapLand Ascendas REIT is the top stock with a 1.54% increase.
Singapore firms report $660,000 in losses from software issues: report
The data suggests that challenges around software reliability are having a measurable financial impact.
Singapore travel to Japan hits record high on strong SGD in 2024: Mastercard
Travellers from Singapore, India, and China are especially responsive to currency shifts, the report noted.
Core inflation in Singapore seen steady at 0.5% in April: analyst
UOB expects headline CPI to fall between 0.5% and 0.4% MoM.
Finance professionals eye entrepreneurship paths: report
The survey found that 37% of professionals have ambitions to be entrepreneurs.
Mandarin Oriental reports higher underlying profit in Q1
RevPAR also rose in all regions.
Gov’t to launch over 50,000 new flats by 2027
This will also include the opening of new residential areas across the island.
Residential property prices up 0.8% QoQ
Transaction volume drops 1.3% QoQ.
Japfa to be delisted by 10 June
Shareholders can expect to receive payment for the scheme consideration on 6 June.
Oliver opens new manufacturing facility in Johor
The new facility will produce medical-grade packaging.
SGX RegCo proposes shift to disclosure-based market rules
It aims to support enterprises, boost investor confidence, and enhance market efficiency.
SATS injects $250m to boost ground operations at Changi Airport
The investment will cover two initiatives.
Garcha Group sells Duxton Reserve Singapore to Lotus One Investment for $80m
Despite the ownership change, the group will stay on to manage the hotel during the transition period.
Ossia International receives privatisation offer
It will be via a voluntary unconditional cash offer of $0.16 per share.
NetLink NBN’s net profit drops 7.6% YoY in FY2025
The decline was partly offset by higher income tax credit.
Singtel unveils advanced 5G service
Existing 5G users have all been upgraded to Singtel 5G+ with 700Mhz.
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Commentary
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