News
Manufacturing sector continues expansion as December PMI edges up to 51.1
Manufacturing sector continues expansion as December PMI edges up to 51.1
December marks the 16th month of expansion for the overall manufacturing sector.
Headline inflation rises to 1.6% in November as transport costs ease slower
Transport inflation only fell by 0.7% YoY.
F&B sales fall 2.0% MoM in November despite 3.9% YoY growth
Three industries reported MoM declines.
Retail sales decline 0.7% YoY in November as key sectors show mixed performance
Excluding motor vehicles, sales would slip further by 1.4% YoY.
Mooreast seeks alternative funding after missing deposit deadline
Mooreast said SG-RT Fund has failed to disburse the $1m deposit.
Lawrence Goh is NETS’ newest UOB board representative
He is head of group technology and operations at UOB.
DBS Bank India names Rajat Verma as CEO
Verma will succeed Surojit Shome, who is retiring on 28 February.
AEM appoints Kwek You-Cheer as new CFO
He has over 20 years of experience in strategic financial leadership and operations internationally.
PSA Singapore hits record annual throughput of over 40 million TEUs in 2024
This reinforces its position as a gateway connecting Singapore's economy to the global market.
JSW Energy takes over 4.7 GW renewables platform
The transaction is valued at nearly $1.5b.
Shell shuts down Pulau Bukom unit to investigate leak
The company estimated that a few tonnes of the refined oil products were leaked.
Yongan Group is SGX Group's newest derivatives clearing member
There are now 31 clearing members in SGX Group’s derivatives market.
Surbana Jurong announces new appointment to board of directors
Professor Cheong Koon Hean brings over 20 years of experience to strengthen SJ's innovative, sustainable solutions.
Etiqa, Maybank launch Singapore's first Takaful in 10 years
The plan combines ethical investment options with flexible wealth accumulation.
19SixtyFive awarded in tender for heritage sites at Kampong Java
The tender will offer an upfront tenure of five years.
Volta Properties sells US property to Gladstone Commercial
It spans 16.68 acres with a building size of 215,474 square feet.
Temasek Holdings announces new board appointments
Appointments were made effective on 1 January.
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SG60: What the next 10 years have in store for Singapore’s investment landscape