News
Daily Markets Briefing: STI down 7.46%
Daily Markets Briefing: STI down 7.46%
Seatrium Limited had the biggest drop with a 14.43% decrease.
Here's what business leaders think about the STI drop after tariffs
STI fell more than 8% on 7 April.
STI plunges more than 8% after U.S. tariffs rattle markets
It fell by 8.06% an hour before its close on 7 April.
MOM outlines three shifts to future-proof Singapore’s workforce
Initiatives include empowering workers, promoting flexible work, and boosting tripartism.
Sauces, salt, and instant noodles to have Nutri-Grade labels by mid-2027
9 in 10 Singaporeans exceed the daily sodium limit.
HDB resale deals dip in March as buyers turn to private market and new launches
Sellers are also cautious about raising prices amidst softer demand.
MND and HDB allocate $165m to fund upgrading projects for 36,000 households
The ministry has selected 17 projects for upgrading.
Frencken Group executives raise company stake via share acquisitions
Gooi's stake grew to 23.69% whilst Au's rose to 0.96%.
The Hour Glass unit to acquire Australian firm for $75.6m
SPV is a newly incorporated company that retails watches and related products.
Intraco Limited exits SGX watch list
It will take effect from 7 April 2025.
S’pore needs to be 'nimble' amidst global uncertainties: Pritam Singh
Singh also echoed Prime Minister Wong’s call for unity.
Rex International unit signs rig contract with Borr Gerd
It will be used for a 120-day drilling campaign in Benin.
Sheng Siong CEO Lim Hock Chee’s compensation up over 20% in FY 2024
This was despite a slight decrease in his basic salary.
Soon Hock buys Ching Shine site for $113.2m
The site comprises 52 strata units on a 49,308 sq. ft. land area.
ASEAN’s clean electricity growth struggling to keep pace with rising demand
The region has a large untapped solar potential, exceeding 30,000 gigawatts.
F&B sales fall 5.6% in February
It was due to the difference in the timing of the Chinese New Year.
Singapore faces tariff spillover risk despite lighter US duties
It has the highest direct exposure to US demand amongst all Asian economies studied.
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Commentary
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