News
Daily Markets Briefing: STI up 0.41%; Top stock is YZJ Shipbldg SGD
Daily Markets Briefing: STI up 0.41%; Top stock is YZJ Shipbldg SGD
YZJ Shipbldg SGD is the top stock with a 2.18% increase.
Two-thirds of Singaporean firms cut AI investments over trust concerns
They cited data governance (26%), budget constraints (28%), and untrusted data (26%) as major barriers.
OCBC sets up dedicated teams in Singapore, Malaysia to support SMEs
The two teams will comprise 25 experienced bankers.
CPF SMRA interest rate drops to 4% in Q1 2025
This is due to a decrease in the 12-month average yield of 10-year Singapore Government Securities.
Bishan-Toa Payoh town council gets amber rating for corporate governance
It is the only town council that failed to achieve a green rating.
Everbright Water to buy electricity from Everbright Greentech Services
Everbright Greentech must supply electricity 181 million kilo-watts per year.
Continuum Green Energy launches IPO in India at $0.16 per share
The total aggregate value of equity shares stood at $577m (INR36.5b).
ESR secures $2.5b sustainability-linked loan
This marks the company's 11th sustainability-linked loan.
ICA to roll out passport-less clearance at Tuas and Woodlands checkpoints, Marina Bay Cruise Centre
The initiative will commence on 16 December.
Fuxing China sells subsidiary for $1.6m
The sale equity recorded a negative book value of $2.7m.
Addvalue’s order book jumps to $20.5m
The order includes multiple Inter-Satellite Data Relay System terminals.
NVPC, ESSEC join hands to host corporate volunteering programme in 2025
The programme will involve over 500 ESSEC students and staff.
Charge+ bags 140 EV charging stations from three S’porean firms
The acquired chargers are located in 42 properties across Singapore.
Labour market to stay resilient into H1 2025 despite trade slowdown: report
Wholesale trade, transportation, storage, and manufacturing sectors could face hiring challenges due to these uncertainties.
TADA launches beta ride services in Hong Kong
Booking fees are HK$8 for rides under HK$100 and HK$9 for higher fares.
Singapore faces higher security risks as a global AI leader: NetApp
49% of tech executives identified data management and infrastructure investments as top future investment priorities.
Singapore economy to grow with disinflation and robust travel recovery
Disinflation and improving labour markets may boost spending on discretionary items such as electronics and furniture.
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Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform