News
Daily Markets Briefing: STI down 0.77%; Top stock is Singtel
Daily Markets Briefing: STI down 0.77%; Top stock is Singtel
Singtel is the top stock despite a 4.331% decrease.
Data centre investments in Singapore still in the doldrums
The three-year moratorium on new developments was lifted in 2022.
DBS, EnterpriseSG launch programme to help strengthen companies’ sustainability capacity
The programme aims to provide businesses with the knowledge they need to develop their sustainability capacity.
PMI rises to 50.7 in March
March marks the seven month of expansion.
Mindray’s Li Xiting leads Singapore’s top billionaires in Forbes 2024 list
Whilst he topped businessmen from Singapore, the Mindray executive logged lower net worth in 2024.
Singapore must not view residents, foreigners as ‘a zero-sum game and draw divides’ :Tan See Leng
The Manpower Minister said employing foreigners does not mean removing opportunities for Singapore citizens.
SGX RegCo places ecoWise former director on watchlist due to non-compliance
Those who intend for a proposed appointment must first seek SGX RegCo’s views and guidance.
CSA, NTT sign MOU on cybersecurity collaboration
As a partner, NTT made a $13.5m investment for nurturing talent.
Signs of stabilisation in HDB Market as rental growth eases to 10%
In 2022, rents rose by 35% YoY.
44 projects granted ABSD remission extension, says Wong
The figure represents 12% of projects with a sales deadline within 2021-2023.
MAS eyes enhanced safeguards for elderly and non-english proficient financial clients
Authorities aim to implement enhancements no later than H2 2025.
New law targets SIM card misuse
Offenders may face fines of up to $10,000, jail for up to 3 years or both.
MOF to list GST-exempt government fees by April
There are three categories of fees subject to GST.
Hiap Tong sells Tuas South property for $4.8m
The sale reflects a loss on disposal of $236,155
Financials sector dominates Singapore bond offerings
The sector raised US$3.5b in 1Q24.
Equity capital markets off to slow start, down 54.2% YoY
Of the total proceeds raised in 1Q24, US$458.95m were via follow-on offerings.
$350m contracts boost Seatrium's portfolio
The company is set to complete the new contracts by the end of 2025.
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