News

Daily Markets Briefing: STI down 0.01%; Top stock is Seatrium Ltd

Seatrium Ltd is the top stock with a 2.27% increase.

Trade sector to sustain growth in early 2025

Additional protectionist measures may affect longer-term trajectory.

HDB resale market grows in December amidst steady rise in volume, prices

 Resale volumes rose by 9% month-on-month to 2,129 units, reversing four consecutive months of decline.

MDDI confirms SingPost domestic services unaffected by falsified data

The whistleblowing incident also has not impacted the ongoing review of postal services. 

HSBC clinches Citi banker to head int’l wealth hub in Singapore

Chin brings 22 years of experience in wealth management and retail banking.

Acesian Partners' substantial shareholder sells 20.6 million shares

Goh's total interest in the company fell to 6.41% following the sale.

Adventus eyes $1.54m funding for Vietnam hotel operations

The 855 million proposed placement shares are priced at $0.0018 each.

Singapore less exposed to US tariff risks

However, it is vulnerable to negative trade shocks or a US economic downturn.

Thematic industrial properties to thrive in 2025: Knight Frank

This includes data centres, food factories, and logistics.

What’s happening in Singapore’s telco industry?

Singtel expects low double-digit EBIT growth whilst Starhub may be eyeing a merger.

Chua Ding En promoted as Beng Kuang Marine's CEO of corrosion prevention division

He will lead the division in terms of business growth in both Singapore and Indonesia.

Serial Achieva unit secures $20.92m HGX server supply deal

It will support advanced AI model training and data processing.

Rex Int'l records over 13,000 barrels of oil from Norway, Oman operations

Its Norwegian subsidiary contributed 10,571 barrels of oil equivalent per day.