News

Shophouse sales fall nearly 39% in 2024, lowest since 1998: Huttons

Shophouse sales fall nearly 39% in 2024, lowest since 1998: Huttons

The shophouse market only recorded 84 caveated transactions, below the average of 200 transactions from 1995 to 2023.

Half of Singapore workers doubt leaders’ AI implementation skills: survey

Just 47% think their bosses will prioritise employee well-being over profits when making AI-related decisions

Daily Markets Briefing: STI up 0.24%; Top stock is Seatrium Ltd

Seatrium Ltd is the top stock with a 6.48% increase.

Wing Tai Holdings 50% profit drop in H1 2025

Earnings per share also dropped from $2.24 to $1.32.

SG firm partners with Congo to close gap in digital ID system

The initiative aims to design a secure national solution adapted to the Congo market.

New Bridge Road commercial site up for sale at $80m

The sale will be via an Expression of Interest.

Zhongxin Fruit and Juice records $4m net profit in HY2025

However, the gross profit margin decreased to 16.3% from 18.4%.

STI rises 23.2% in 10 months, surpassing 17-year high

STI recorded a net institutional inflow of $489m.

OCBC, EnterpriseSG offer SMEs sustainability assessments, green loans

SMEs will be able to measure their sustainability performance.

Singapore cap rates remain stable in Q4 2024

In APAC, consumer spending has surged during the Q4 festive season, benefitting the retail sector.

FSL Trust posts $11m net profit in 2024

This is an increase compared to a net profit of $3.7m in the same period of the preceding year.

Singapore remains Western Australia’s top APAC market in 2024

Family travellers accounted for 35% of total visits.

Asia-Pacific Strategic Investments to establish casino, bank in Timor-Leste

The company signed two cooperation agreements with Timor-Leste on 8 February.

‘Pro-growth’ 2025 budget needed amidst global uncertainty: BofA

This year’s fiscal plan should contrast last year’s neutral stance.