News
Daily Markets Briefing: STI up 0.37%; Top stock is SGX
Daily Markets Briefing: STI up 0.37%; Top stock is SGX
SGX is the top stock with a 2.25% increase.
1 in 2 S’poreans turn to insurance for financial security
For 2025, 22% of residents are expected to spend more on insurance.
Frasers Hospitality Trust reports RevPAR rise in Q1 2025
Increases are seen throughout its portfolio.
Singapore IPOs raise $45.9m in first 10.5 months of 2024
The listings are in the Consumer, Industrial Products, and Life Sciences & Health Care industries.
What are the top hotels in Singapore in 2024?
Artyzen Singapore was the highest-rating hotel, according to Atiom’s report.
Three Lucky Plaza units up for sale via EOI
Price ranges from $16,000 to $18,000 per sq. ft.
GIC taps Bryan Yeo as new group CIO
The company also appointed Boon Chin Hau as CIO for Infrastructure.
OUE Healthcare enters strategic partnership with China’s Zhongda Hospital
The collaboration will establish a two-way ‘green channel’ for patient access.
MOGUL.sg launches property AI agent MAIA
Seller's agents only need to pay a referral fee of 0.2% when completing a sale through MAIA.
Nibertex to scale production after pre-Series A funding round
This will allow Nibertex to meet the growing demand in the textiles market.
Keppel Pacific OAK US REIT’s distributable income falls 8.8% in FY 2024
The REIT's lower net property income also contributed to the decline.
4 in 5 S’poreans prioritise financial control as economic sentiment looms
Inflation and cost of living remain the top economic concern for Singaporeans.
SEEDS appoints 20 new partners to drive $300m deep tech investments
It will set aside $150m over the next three years to drive another $300m through its private sector partners.
Coastal Sustainability Alliance debuts Singapore’s largest electric supply boat
This is seen to accelerate decarbonisation in maritime.
Gov’t not expecting to be on US direct tariffs ‘hit list’
However, it said Singapore will be impacted indirectly if there is any friction.
Nearly 90% of Singapore banks lose clients due to onboarding delays
Singaporean banks have been experiencing the highest client losses worldwide due to Know Your Customer (KYC) inefficiencies.
Keppel’s FY2024 net profit rises 5% YoY to $1.06b
The infrastructure segment contributed 63% of Keppel’s net profit.
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SG60: What the next 10 years have in store for Singapore’s investment landscape