News
Singapore labour market to remain tight in 2025
Singapore labour market to remain tight in 2025
Manufacturing and services sector to lead labour demand.
Daily Markets Briefing: STI down 0.88%; Top stock is DBS
DBS is the top stock with down 1.603%.
Loss of MIT status ‘beyond control’—FHT
The group’s Australian subsidiary lost its MIT status due to a share swap transaction.
Aztech Global's net profit drops 55.7% in Q3
Blame it on higher depreciation and net foreign exchange loss.
Tender for Plot A Tuas Bay Drive site opens
The tender will close on 24 December at 11 am.
IMDA unveils GenAI Sandbox 2.0
SMEs can receive up to 50% funding to trial solutions under the programme.
Temasek's Seviora and Mubadala Capital to explore global co-investments
The partners will focus on growth markets in Singapore and the UAE.
LMIRT's NPI falls 6.5% YoY to $28.6m in 9M on higher operating expenses
In 9M 2023, LMIRT recorded an NPI of $30.6m.
CapitaLand Dev't bags green loans worth $600m
The funds will be allocated for general corporate purposes.
Singapore and UAE ink 8 MoU to deepen ties
The memoranda spans areas such as artificial intelligence and civil nuclear cooperation.
LTA to inject up to 20,000 new COEs starting February 2025
It will also adjust Electronic Road Pricing charges as needed.
Singapore Management University appoints Alan Chan as new provost
It will be effective on 1 April 2025.
Cordlife to hold EGM on 14 Nov to pass resolutions
It proposes to pay directors' fees of up to $135,000 for 2024.
Far East Hospitality Trust’s net property income falls 6.8% on lower revenue
Gross revenue fell 4.8% YoY to $28.75m.
Hongkong Land shifts strategy, exits build-to-sell in Asia
It will redirect capital from the segment to new integrated commercial property ventures.
CapitaLand Ascott Trust's gross profit up 8% on portfolio reconstitution efforts
These efforts include acquisitions and asset enhancement initiatives.
S'pore consumers plan to shop in holiday sales period
Nearly a quarter plan to shop via TikTok Shop, followed by other apps like Amazon and Grab.
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Commentary
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