News
PMI slips to 50.6 in March
PMI slips to 50.6 in March
March marked the 19th month of expansion for the overall manufacturing sector.
Singapore is top destination for corporate relocations
This is due to high volumes of foreign direct investment.
Companies brace for higher costs, supply chain disruptions from new US tariffs
Nearly 7 in 10 (69%) anticipate a negative impact on their company.
Real estate investment sales sink 41.1% QoQ in Q1 2025
Year-on-year, investment sales grew 16.6%.
Daily Markets Briefing: STI down 0.24%; Top stock is Frasers Cpt Tr
Frasers Cpt Tr is the top stock with a 3.76% increase.
Authorities warn public about scam calls impersonating MAS officials
At least three cases have been reported since March 2025, resulting in losses of more than $614,000.
Lentor Gardens site seen as low-risk despite attracting just two bids
The site drew a top bid of $429.23m ($9,903 per square metre of GFA) from Kingsford Huray Development Pte Ltd.
Global firms target Singapore's unique cycling market
In Asia, e-bike adoption is seen as one of the market’s growth drivers.
Foreign exchange and money markets functioning normally: MAS
The central bank said that it is ready to curb “excessive volatility” in the SGD.
Gender disparity stifles women's progress in STEM fields: survey
Only 23% of women feel adequately supported in STEM careers.
Cordlife faces new legal claims over stored cord blood issues
The company is currently seeking legal advice and will respond to the claims accordingly.
Stoneweg EREIT manager eyes REIT conversion to stapled trust
It will comprise Stoneweg European REIT and Stoneweg European Business Trust.
Aspire secures capital markets service license in Singapore
It will launch its investment solution Aspire Yield soon.
MariBank launches remittance service for retail and business customers
Service is currently offered on an invite-only basis with 10 currencies and 13 destinations.
OCBC to finance $10.9b of investments to UK growth sectors
These include energy, infrastructure, and real estate.
Keppel sells 29.52% stake in Keppel Philippines to Kepwealth
The $10.8m divestment is not expected to impact Keppel’s FY2025 earnings.
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Commentary
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