News
COTD: Manufacturing sector leads BDA adoption amongst S'porean SMEs
COTD: Manufacturing sector leads BDA adoption amongst S'porean SMEs
They are followed by the lifestyle cluster, driven by the retail and hospitality sectors.
Daily Markets Briefing: STI down 0.1%; Top stock is DBS
DBS is the top stock with a 0.233% increase.
Commercial property market remains stable amidst strong demand
However, development activity has declined.
95% of employers say no to four-day work week
The top reason is that business operations do not permit a four-day workweek.
Falcon Energy Group to delist on 15 November
Deloitte & Touche LLP were appointed as liquidators.
SMI Vantage cancels expansion plans amidst delisting
The company has a net current liability of US$937k.
Olam Group receives non-binding offer from SALIC for Olam Agri stake
The company stressed that it is still discussing the potential sale.
Denso revenue down 1.1% in half year results as vehicle sales in Asia slows
The group is also impacted by the suspended operations of Japanese customers.
Office floor at Wisma Atria sells for $16.1m
The space is approved for medical use.
Hongkong Land targets $10b in asset recycling amidst strategic shift
This strategy could reduce the company’s earnings volatility over time.
Landed home sales struggle in Q3 as buyers hesitate on purchases
Sales fell 3.7% QoQ to 414.
COTD: Auction listings drop 25.2% QoQ in Q3
Mortgagee and owner sale listings were nearly equal.
Singapore blocks Income-Allianz deal due to social concerns
Government cites public interest and social mission concerns.
China Duty Free opens second boutique at Changi Aiport
This marks the second luxury store operated by CDFG.
Yongmao Holdings expects low net profit for H1 2025
This is due to higher freight charges from higher rates.
Tianjin Pharma posts 11 % net profit rise in Q3 2024
The group’s Chinese medicine segment primarily drove revenue, which contributed $807.8m.
Micro-Mechanics Holdings' net profit climb 14% YoY in Q1 FY25
Revenue rose by 2.5% YoY to $16.2m.
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Commentary
SG60: What the next 10 years have in store for Singapore’s investment landscape
Microclimate retrofitting could be Singapore’s next big sustainability play