News
Daily Markets Briefing: STI up 0.63%; Top stock is Seatrium Ltd
Daily Markets Briefing: STI up 0.63%; Top stock is Seatrium Ltd
Seatrium Ltd is the top stock with a 3.80% increase.
Singapore’s residential market expects boost in sales, prices in Q4
The residential price index dropped 0.7% QoQ in 3Q from 0.9% growth in 2Q.
Government land sales market activity to remain steady in 2024 amidst strong developer interest
Total investment increased 30.2% to $8.2b.
Oiltek’s net profit swells by 83.2% to $2.61m in 3Q 2024
Net profit for 9M2024 also increased by 63.9% to $5.78m YoY.
Favourable regulations and stable rates to drive Singapore's IPO growth
Due to the city’s strong framework and reliable income-generating market.
Singaporean investors seen raising US market allocation to 22% after Trump election
Due to interest rate changes and Trump’s economic policies.
Singaporeans expect AI to improve security despite privacy concerns: survey
40% worry about data handling by companies, and 55% fear its misuse.
SBS Transit to launch new feeder service in Tampines
The service will commence operations on 9 December.
SG, Japan boost aviation ties to meet rising air travel demand
The partners will focus on aviation safety, sustainability, and boosting capacity.
Oil tycoon OK Lim sentenced to 17 1/2 years
A “deterrent sentence” was warranted.
Tata Sons and Singapore Airlines celebrate Air India-Vistara merger
The merger consolidates the four airlines under the Air India Group.
Resorts World Sentosa’s casino license renewed for two years
The renewed license will commence on 6 February 2025.
ST Engineering achieves $8.3b 9M revenue with defence and aerospace gains
Its revenue increased by 14% YoY.
Keppel to divest data centre JV to Keppel DC REIT for $1.38b
The JV owns two data centres.
Keppel to assume control of Rigco Holding's 13 legacy rigs
Rigco is undergoing a selective capital reduction (SCR) exercise.
Keppel DC REIT manager launches $985m equity fundraising for acquisitions
It acquired two data centres at 82 Genting Lane.
CDG ENGIE expands charge points in SG, unveils new app
It also plans to roll out a new mobile app.
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Commentary
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