News
Daily Markets Briefing: STI down 0.18%; Top stock is DFIRG USD
Daily Markets Briefing: STI down 0.18%; Top stock is DFIRG USD
DFIRG USD is the top stock with a 2.42% increase.
Rex International records 10,027 barrels per day from Norway and Oman in October
Brage and Yme fields contributed 7,637 boepd; whilst Yumna field contributed 2,555 stb/d.
Moderate HDB rental growth seen in 2024 as leasing activity improves
OrangTee forecasts 2%-3% growth; whilst Huttons 3%-4%.
Condo rental market shows stability in 2024 as demand improves steadily
This is despite condo rental transactions dropping by 7.5% in October.
Oneteam raises $3.5m in seed funding round
The fund will mostly be allocated to acquire small businesses.
New aquaculture plan to boost high-quality fish egg supply and hatchery upgrades
It also aims to equip workers with modern aquaculture skills.
Condo rents rise 0.5% MoM in October but fall 2.8% YoY
Volume fell on a sequential basis.
NTU LKC Medicine’s new network embeds patient insights into med research
The network currently includes 40 patient partners from different backgrounds.
Crypto exchange OKX unveils zero-fee SGD deposits and withdrawals
The deposits and withdrawals will be facilitated by local bank DBS.
Singapore-Sweden collaboration to fuel ASEAN’s power connectivity
They will focus on advancing technology and infrastructure.
Tuan Sing acquires $28m in assets from PT Senimba Bay Resort
The acquisitions include a ferry terminal.
Singapore and Korea strengthen research ties
The collaboration focus will be on AI and education.
HDB rents rise 0.5% MoM in October, with mixed trends across estates
Year-on-year, rents rose 4.6%.
Dyna-Mac loses free float as Hanwha secures 92.22% of total shares
Hanwha and its concert parties agreed to acquire 1.2 billion shares.
Retail occupancy rate inches up to 93.5% QoQ
Occupancy along Orchard/Scotts Road edged up to 93%.
Koh Brothers unit bags $77.6m contract for Toa Payoh Stadium works
The contract will conclude in May 2027.
GuocoLand-led consortium tops bid for Faber Walk site at $349.9m
The site received three bids.
Commentary
ASEAN's unity is being tested in the age of economic warfare
The real price of doing nothing: Singapore's counterfeit challenge
The intersection between AI and the Workplace Fairness Act
The adversary ecosystem Singapore boards must confront
Why Singapore’s fast payments need faster protections
Singapore’s next 60 years begin by strengthening its foundations for AI
Competing on value, not price: Why managers must rethink customer propositions
AI models are hungry for your data, so don’t just give it away