News
Singapore’s digital economy hits $128.1b in 2024
Singapore’s digital economy hits $128.1b in 2024
It now accounts for more than $1 of every $6 in the economy.
Fullerton launches first EQDP retail fund
The fund invests in Singapore-listed securities across all sizes, including IPOs.
Total investment volume up 31% QoQ in Q3
The increase was mainly led by the residential sector, recording $4.1b in transactions.
CCCS launches new guide on clear, accurate marketing
The guide sets out five principles for making product claims.
AEM Holdings hit with patent infringement lawsuit by Advantest
AEM strongly denies the allegations.
CapitaLand Ascendas REIT to buy 3 SG industrial properties for $565.8m
The properties are 2 Pioneer Sector 1, Tuas Connection, and 9 Kallang Sector.
Singapore, Mongolia ink carbon credits deal
The deal sets out a framework for developing and trading carbon credits under Article 6 of the Paris Agreement.
ASL Marine eyes raising $7m through placement shares
This will fund business expansion and the broadening of its shareholder base.
Fleet expansion to propel growth for marine and offshore companies
Yard utilisation is also strong amidst demand for repairs.
Thakral’s The Beauty Tech Group prices $50m IPO on London Stock Exchange
The listing is scheduled for 8 October.
Del Monte Pacific to raise up to $774m in private placement to cut debt
The equity raise will be executed through Del Monte Philippines Inc.
Public sector emissions down 1.9% in FY2024
Total emissions were 3.6 million tonnes of carbon dioxide.
Independent panel formed to improve rail reliability
The panel will offer technical advice and share best practices to boost rail reliability.
Daily Markets Briefing: STI up 0.22%; Top stock is ST Engineering
Singapore Technologies Engineering Limited is the top stock with a 2.76% increase.
Retail rebound may fade as labour and trade headwinds emerge
RHB and UOB attributed the improvement to a rebound in tourism and targeted government support measures.
Fintechs accelerate global expansion with IFC partnerships
About 41% of Singapore-based fintechs surveyed see DLT as foundational to their operations.
Hourly CFE matching could save SG $238.6m annually by 2030
A planned 1 GW link to Batam, Indonesia, would increase Singapore’s base CFE share to 10% from about 2.7%.
Read Here
Advertise
Sign Up
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