News

Daily Markets Briefing: STI up 0.3%; Top stock is HongkongLand USD

HongkongLand USD is the top stock with a 3.64% increase.

Risk management, business valuation among highest paying roles: ISCA

These roles exceed the national media salary of $4,500.

Fewer firms intending to raise wages signals loosening labour market

Companies planning wage hikes dropped to 15.6% from 28.6%.

Singapore’s core inflation expected to ease to 2.2% by December: Nomura

Core inflation rose 2.8% in September.Core inflation is projected to ease over the coming months due to easing imported price pressures and wage pass-through effects, according to Nomura.

ICCSC launches plan to boost insurance trust in Singapore

Trust indicator scores for general insurers were between 73 and 76.

Daily Markets Briefing: STI up 0.14%; Top stock is ThaiBev

ThaiBev is the top stock with a 1.96% increase.

Condo rents fall 4.2% YoY in Q3

Savills expects the YoY rent change to stabilise in the next quarters.

Wavemaker Partners launches $40.37m fund for SEA Series B startups

It aims to back eight to 12 companies, investing between $4m to $10.76m.

Centurion’s revenue rises to $62.1m in Q3 on high rental income and occupancy

Across markets, Singapore reported the highest revenue uptick of 26% YoY.

Metro Holdings’ H1 FY25 profit down 59.6% YoY amidst China property slump

It reported fair value losses net of tax of $11.1m from its China investments.

StarHub’s net profit rises 11.1% YoY to $40.4m in Q3

Growth in select business segments drove the increase.

Jardine C&C 9M 2024 profits weighed down by weak car sales, currency

Singapore, Indonesia, and Vietnam all had reduced contributions.

Over 1 in 2 Singapore firms plan overseas expansion in 2024

The top markets for expansion are Vietnam, Indonesia, and Thailand.

Japan Food Holdings suffers $1.6m net loss in HY 2025

Higher operating expenses drove the decline.