News

SGX ETFs grow 32% YoY with $700m in first-half net inflows

SGX ETFs grow 32% YoY with $700m in first-half net inflows

Gold ETFs led inflows, with SPDR Gold Shares (GSD/087) notching net investments totaling $578m.

Daily Markets Briefing: STI up 0.3%; Top stock is YZJ Shipbldg SGD

YZJ Shipbldg SGD is the top stock with a 2.34% increase.

COTD: 58% of SG employees choose to use AI on their own

A growing number of employees in Singapore are taking the lead in using AI tools at work, with 58% saying they chose to adopt the technology on their own, according to a report by Public First.

169 million dollar HDB flats sold in July

This represents 6.6% of the total resale volume in the month.

Singapore to raise building height limits near airports

The actual allowable building height and development intensity are being reviewed.

Dasin Retail Trust subsidiary warned of legal action over unauthorised loan repayment

The offshore facility agent flagged breaches of financing terms in letter to ZYCPM.

Senja Close and Woodlands Drive sites generate high interest

Analysts express high confidence in robust EC market.

Retail sales see modest 2.3% growth in June

Sales growth driven by a strong YoY sales increase in motor vehicles.

CDL takes top bids for Senja Close and Woodlands Drive 17

The two land parcels are for the development of Executive Housing Condominiums.

Vin’s Holdings forecasts net loss in H1

The group also expects an increase in administrative expenses.

Prepayment losses in beauty sector surge 464% in H1

This comes despite an overall 19% drop in consumer complaints.

F&N Foods reports profit dips amidst lower milk sales

Dairies business generated most of the earnings for the nine months ended 30 June.

Aztech unit sells China property for $7.31m

Upon completion of the Sale, Aztech will report a net gain of $3.9m.Aztech Global’s wholly-owned subsidiary, Aztech Communication Device (DG), has sold its property in Dongguan, China for $7.31m (RMB 41m) to an independent third party.

PLife REIT NPI up 8% in H1

Gross revenue also rose 8.1% to $78.3m.

MPACT prices $200m green notes at 2.45% per annum

Proceeds will be used to finance or refinance MPACT green projects.