News

PMI slips 1.6 points in November

November marked the 21st consecutive month of expansion in Singapore's private sector.

Daily Markets Briefing: STI up 0.55%; Top stock is HongkongLand USD

HongkongLand USD is the top stock with a 3.99% increase.

Retail sales rise 2.2% YoY to $4.1b in October

Driven by stronger online sales with 12.7% share.

F&B sales rise 3.9% YoY to $997m in October

All F&B segments recorded MoM growth.

MAS to launch electronic deferred payment solutions in mid-2025

It will help support the transition to e-payments.

Singapore dollar amongst top 10 currencies processed during Black Friday

The Black Friday-Cyber Monday period saw a total of 465 million transactions.

Australia commits US$50m to Singapore’s green transition initiative

The initiative seeks to accelerate green transition in the Southeast Asia region.

Hong Fok to buy properties in International Building Singapore

Completion of the proposed acquisition is expected to take place in February 2025.

Keppel Pacific Oak US REIT bags US$50m loan facility

The loan facility was obtained through its trustee, Perpetual (Asia) Limited.

Affluent investors in SG demand more integrated wealth management solutions: survey

Wealthier individuals are particularly receptive to automated solutions. 

Keppel and AWS ink deal to boost global AI and connectivity solutions

The partners will explore data center solutions, subsea cables, and renewable energy.

Meta Health eyes 30% of Aios Bio Sciences share capital

It is part of Meta Health’s efforts to grow the group’s healthcare business