News
Around 40% of APAC marketing leaders focus on Singapore for ABM strategies
Around 40% of APAC marketing leaders focus on Singapore for ABM strategies
42.5% plan to increase their ABM spending in 2024.
Tech solutions emerge as key to investor retention in Singapore
Singapore asset managers invest in tech to boost investor retention.
Daily Markets Briefing: STI down 0.14%; Top stock is SGX
SGX is the top stock with a 3.04% increase.
Private home prices see largest quarterly drop since 2020
Meanwhile, condo purchases rose for the third consecutive quarter.
SG startups enter Nordic market through EnterpriseSG’s new programme
The Stockholm node will be launched in Q1 2025.
Gov’t awards $40m to 12 projects to accelerate food innovation
The projects were identified through three different grant programmes.
Domestic wholesale sales fall 3.0% YoY in Q3 amidst industry declines
Petroleum & Petroleum Products impacted sales the most.
Foreign wholesale trade slips 2.4% YoY in Q3 as sectors struggle
General Wholesale Trade posted the largest decline.
Amos Group extends PeakBayou offer deadline
It was moved to 12 December.
JTC awards Kallang Way parcel to CapitaLand subsidiary
It bid $368.9m for the industrial site.
Nio widens net loss to RMB5.1b in Q3 with lower vehicle sales
Vehicle sales fell 4.1% YoY.
Soilbuild secures $85.5m contracts for industrial and housing projects
The contracts boosted the company's order book to $1.23b.
Singtel reappoints senior leaders in international and corporate roles
Anna Yip will take over its International Digital Services division.
Aleta Planet provides cross-border payments for China’s Jinnan
Fintech Aleta Planet to provide cross-border payments for China’s Shanxi Jinnan Steel Group
FIDReC reports 45% YoY rise in claims for FY2024
64% of the completed claims were filed against banks, finance companies, and credit bureaus.
Foodpanda warned over misleading ‘Pandapro’ subscription advertisement
This is due to its “free delivery on all restaurants” claim.
Mermaid Maritime appoints new independent director
The appointment took effect on 20 November.
Commentary
SG60: What the next 10 years have in store for Singapore’s investment landscape