News
Daily Markets Briefing: STI up 1.24%; Top stock is SGX
SGX is the top stock with a 2.05% increase.
Retail sales drop 20% MoM in February
Total retail sales dropped to $3.2b from $4.0n in January.
MAS likely to flatten policy band in July after April shift: analyst
UOB revised its full-year 2025 GDP forecast to 1.5% from 2.5% previously.
Singapore growth to slow to 2% as global drag worsens: report
The bank warned that if global trade tensions escalate further, growth could slip to as low as 0.5–1%.
Savills cuts 2025 sales forecast to $20b with market in flux
The downgrade follows a 47.3% QoQ drop in private sector investment sales.
StartupBlink ranks eight Singapore firms in 2025 activity index
Leading the national charge is Singtel, which achieved a total score of 27.211.
Changi Airport reclaims top spot in 2025 Skytrax rankings
Changi also clinched two other major accolades: Best Airport Dining Experience and Best Airport Washrooms.
Hotel Properties MD Ong Beng Seng to step down
He will not be seeking re-election to the board of directors.
Buyers undeterred by Aurelle of Tampines EC launch price
This could also bode well for upcoming executive condominium projects.
Bloomsbury Residences projects positive outlook amidst cautious market
It has already sold 25% of its 358 units at an average price of $2,474 psf.
STB signs 8 new deals to drive tourism growth
It has renewed its partnership with CapitaLand Investment to attract international brands, amongst others.
Singapore strengthens grid to balance demand, emissions goals
Authorities are prioritising grid resilience and energy imports.
One Marina Gardens sells 37% of units on launch weekend
Most units sold were the one- and two-bedroom unit types.
Surbana Jurong appoints Lim Cheng Cheng as new CFO
She will assume the post on 16 April 2025.
Q&M Dental Group completes EM2AI acquisition
EM2AI is now a wholly-owned subsidiary of the company.
MAS eases monetary policy slightly
MAS core inflation dropped to 0.7% YoY in January–February 2025.
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Commentary
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