News

Daily Markets Briefing: STI down 0.11%; Top stock is Singtel

Singtel is the top stock with a 1.64% increase.

HDB resale flat prices to grow slower in 2025

Huttons estimates HDB resale transactions at 26,000 to 28,000 in 2025.

Fewer firms expect better business conditions despite revenue growth

65% saw revenue growth in 2024, but only 36% expected better conditions.

Singapore cap rates remain stable in Q3 2024

Cap rates in Singapore are expected to stay stable, with changes tied to interest rates and economic shifts.

JTC awards Lok Yang Way industrial site tender to Soilbuild for $70.08m

The site spans 18,605.5 square metres, with a tenure of 30 years.

Household income grows faster than spending from 2017/18 to 2023

Income grew 4.1% annually to $15,473, outpacing 2.8% expenditure growth to $5,931.

Singapore’s old-age support ratio nearly halves after 10 years

The labour force participation rate for younger individuals also declined.

Digital Core REIT responds to unitholder queries about Frankfurt acquisition

Queries include questions about its valuation and factors on size acquisition.

Real incomes rise in 2024 as wages increase and inflation eases

Both lower- and median-income workers experienced an increase in real incomes.

Singapore’s ageing population boosts demand for senior healthcare innovations

Experts highlight AI and robotics as key drivers in transforming aged care.

Hybrid work exposes generational divides in businesses

Changes in automation and collaboration were observed in hybrid teams.

IHH Healthcare’s YTD 2024 earnings drop 13% YoY

Excluding exceptional items, earnings grew by 35%. 

Hong Kong Land unveils Westbund Central

The company now focuses on developing ultra-premium commercial properties in Asia.

Amazon invests $2b in Singapore to boost services in 2023

This funded improvements in infrastructures and additional jobs.