News

RHB downgrades Singapore banks to Neutral on weaker outlook

Banks are expected to feel pressure across several fronts, including lending, interest income, and non-interest revenue.

CGS cuts 2025 GDP forecast to 1.6% amidst tariff risks

The firm emphasised that Singapore’s ability to offer new concessions is limited, given its already liberalised trade framework.

Singapore sees 16% YoY rise in Q1 investments: JLL

Singapore recorded $2.8b (US$2.2b) in investments for the period.

Carousell says its users avoided 153,000 tonnes of carbon emissions in 2023

Carousell Group linked this to users choosing pre-owned over new items.

Nearly half of travellers aware of tourism’s impact on local communities

68% want their travel spending to benefit local communities.

Daily Markets Briefing: STI up 0.99%; Top stock is Seatrium Ltd

Seatrium Ltd is the top stock with a 4.26% increase.

Singapore sees 16% YoY rise in Q1 investments: JLL

Singapore recorded $2.8b (US$2.2b) in investments for the period.

Consumer inflation expectations rise even as official indicators remain steady

CPIex rose 5% in March, up from 4.4% in December last year.

Singapore strengthens regional trade with ASEAN-Australia-NZ pact

The agreement creates a free trade area for more than 703 million people.

Johor-Singapore SEZ shows value of cooperation: Gan

The Deputy Prime Minister recently spoke at the JS-SEZ Joint Business and Investment Forum.

ESR-REIT’s NPI up 31.3% YoY in Q1

This was mainly attributed to the full quarter contributions from its “on-strategy” acquisitions.

SIAS urges Sin Heng Heavy Machinery shareholders to reject TAL United’s ‘lowball offer’

The offer is a 41% discount on the estimated net asset value per share.