News
Gold investment surges 22% in 2024 as safe-haven demand grew
The Monetary Authority of Singapore adjusted its gold reserves in 2024, with 10 trillion of gold sold.
Singapore retail sector poised for 2025 rebound amidst new attractions
In December 2024, retail sales declined by 1.5% MoM seasonally adjusted after a 2.8% drop in November.
DBS, OCBC, and UOB’s STI weight rises to 54.3% in 2024
The three banks drove the STI’s 23.5% total return in 2024 but were outpaced by Yangzijiang Shipbuilding.
CMP work permit holders rose 24.5% since 2018: Knight Frank
The demand for foreign workers has steadily risen following the reopening of international borders in 2022.
F&B sales inched up in December: report
On a month-on-month basis, however, F&B sales declined by 2.2% (seasonally adjusted).
Retail sales fall 2.9% YoY in December
The total retail sales value for December was estimated at $4.6b, with 13.4% of sales coming from online transactions.
Equity and tech funding surge 528% YoY in January
On a monthly basis, the funding trend rose 253.3%.
Singapore contributes US$87m to IDA
This is a 24% increase from the country’s previous contributions.
Retail investors buy into market dip in early 2025: SGX
This trend has been observed over the past five years.
ELTA public sales to launch on 22 February
It was launched by MCL Land and CSC Land Group.
FedEx expands day-definite service to Singapore
The company operates these in markets like China, Hong Kong SAR, and Japan.
Tourism spend to reach all-time high for 2024
Chinese, Indonesian, and Australian tourists are the top spenders.
HDB resale price growth to slow amidst buyer caution
Prices rose by 1% in January.
Uni-Fuels raises $1.7m in over-allotment
Additional shares were purchased for US$4 apiece.
Sabana Industrial REIT completes solar project with Keppel EaaS
The project installed solar panels on nine of the REIT’s properties.
CICT’s NPI up 1.3% YoY in H2 2024
DPU for FY2024 rose 1.2% YoY to $0.1088.
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