News

ELTA public sales to launch on 22 February

It was launched by MCL Land and CSC Land Group.

FedEx expands day-definite service to Singapore

The company operates these in markets like China, Hong Kong SAR, and Japan.

Tourism spend to reach all-time high for 2024

Chinese, Indonesian, and Australian tourists are the top spenders.

Uni-Fuels raises $1.7m in over-allotment

Additional shares were purchased for US$4 apiece.

Sabana Industrial REIT completes solar project with Keppel EaaS

The project installed solar panels on nine of the REIT’s properties.

CICT’s NPI up 1.3% YoY in H2 2024

DPU for FY2024 rose 1.2% YoY to $0.1088.

STI's year-end target maintained at 3,950

It is expected to move sideways as tariff uncertainties resurface.

Singapore tourism grows with China-led visitor surge in 2024

The surge was due to the 30-day mutual visa exemption with Mainland China

Singapore ranks 9th in World Future Skills Index

It ranked third in Asia Pacific behind Australia.

Euroclear Bank secures Singapore branch licence

It will operate under a wholesale banking licence.

Singapore factory rental rates see steady growth

Proposed US tariffs may accelerate manufacturing shifts to Southeast Asia.

Syfe bids $55m to acquire Australia’s Selfwealth

The deal will also provide Selfwealth customers with access to Syfe’s broader range of investment products and tech-driven solutions.

Singapore’s tech funding drops 56% to $2.1b in 2024: report

Despite the decline, Singapore remained the 11th highest-funded country globally, surpassing Japan and Australia.

Daily Markets Briefing: STI down 0.13%; Top stock is DFIRG USD

DFIRG USD is the top stock with a 2.19% increase.