News
CHART OF THE DAY: Singapore Airlines best brand for the fifth time
CHART OF THE DAY: Singapore Airlines best brand for the fifth time
The airline posted a score of 53.5.
Daily Markets Briefing: STI up 0.61%; Sembcorp Industries is top stock
Sembcorp Industries was the top active stock with a 5.17% increase.
Yangzijiang’s new-order wins may not be enough to increase share price
This is due to the firm’s full yard capacity.
What can we expect from Sembcorp Industries’ renewables acquisition?
The firm will see long-term growth and stability in its portfolio.
GLS taps Cycle & Carriage for e-vehicle use in logistics and delivery
As part of the collaboration, Cycle & Carriage will supply 10 Citroën ë-Dispatch units to GLS.
ComfortDelGro Bus, NTU roll out first real-time ridership tracker for electric buses
The buses have a display system to show bus routes and stops to commuters.
ComfortDelGro’s public transport unit earnings hit by UK business: RHB
Its EBIT went down by 38% in the third quarter (Q3) of 2022.
China Hainan Rubber to acquire 36.0% stake at Halcyon Agri for US$180m
The China-based company will purchase a total of 574.2 million shares.
Perennial Holdings clinches S$3b green loan for 8 Shenton Way redevelopment
It is the world’s largest real estate green loan in Asia to date.
SGX confident of derivatives growth as investors ‘rebalance portfolios:’ CGS-CIMB
The analyst said investors are rebalancing portfolios amidst cost pressures.
Grab cuts losses by 65% YoY to $342m in Q3
Its loss for Q3 included a $90 million in non-cash stock-based compensation expense.
OCBC names Noel DCruz as Group Chief Risk Officer
He has worked for the bank for 33 years.
AirAsia launches 1st direct route from Singapore to Sibu, Malaysia
The inaugural flight will take off on 16 December.
Chart of the day: Singapore is the outlier in digital product growths
The country showed a strong start but fluctuate before taking off at 43.26%.
China’s steps to reopen will uplift some Singapore-listed stocks
The Chinese government is looking to slowly ease its travel restrictions.
Daily Markets Briefing: STI down 0.28%; ST Engineering is top stock
ST Engineering was the top active stock with a 2.34% increase.
Central bank reveals 2023 Year of the Rabbit Almanac Coins
The coins will be available on 1 January 2023.
Commentary
Why Singapore businesses must focus on outvaluing, not just upskilling
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform