News
Daily Markets Briefing: STI up 0.12%; Top stock is DFIRG USD
Daily Markets Briefing: STI up 0.12%; Top stock is DFIRG USD
DFIRG USD is the top stock with a 5.04% increase.
F&B sector sees 2.8% decline in March with soft demand
Total F&B sales fell 2.8% compared to the same month last year, following a 5.7% decline in February.
Retail sales rise 1.1% YoY in March with broad segment gains
Excluding motor vehicles, retail sales were up 0.7% compared to the 6.5% contraction the previous month.
Investor appetite for gold remains strong in Q1
In contrast, jewellery consumption saw a 20% YoY decrease to 1.7t.
UOL, Hilton to open Asia Pacific’s first NoMad Hotel in Singapore
The hotel is expected to be operational in early 2027.
PMI slows in April to 49.6
The decline marks the first contraction after 19 months of expansion.
Climate Bridge International launches in Singapore with EDB grant
The company aims to accelerate the design and financing of carbon projects aligned with Article 6 of the Paris Agreement.
CICT divests CapitaSpring’s serviced residence
The company is divesting its 45% stake for $126m.
Luminor Financial Holding’s executive director to assist in Malaysian investigations
CCID is investigating a case on Ratus Nautika Sdn Bhd (RN).
Daily Markets Briefing: STI up 0.09%; Top stock is JMH USD
JMH USD is the top stock with a 3.91% increase.
DBS sees STI trading sideways after April rebound stalls
The index is forecast to trade within a range, with support at 3,700 and 3,635, and resistance at 3,820 and 3,865.
Trump’s trade reboot clouds APAC outlook, CRE holds for now: report
APAC entered 2025 with economic momentum: Q1 GDP growth came in at 3.9%, matching pre-Trump levels.
Institutions flee banks with $701m in April outflows
The Straits Times Index (STI) declined 3.5% during the month, with dividends easing the total return loss to 2.3%.
Q&M Dental to acquire all remaining Aoxin Q&M shares at $0.0321 each
The offer will close on 28 May.
Jardine C&C reports lower contributions from most businesses in Q1
Currency depreciation contributed to the downturn.
Investors demand authentic growth from sustainable food brands
Truly Nuts! and TNB Aura outlines what it takes for sustainable food businesses to scale.
Elite UK REIT’s NPI rise 24.4% YoY to $18m
DPU rose 9.6% to $0.0132.
Read Here
Advertise
Sign Up
Commentary
Singapore’s AI ambitions will rise or fall on infrastructure
Why a clear digital roadmap is essential for business success
Singapore’s port model is under pressure as shipping disruptions reshape trade
The trust tax: Navigating the ‘sophistication shift’ in Singapore’s digital economy
Conflict, costs, and construction: Where can margins still be saved?
Singapore’s SMEs are embracing AI, cybersecurity must keep up.
Game theory in the Gulf: Why Singapore should watch the Middle East carefully
When AI becomes the front door: How marketing in Singapore will really change in 2026