News

Construction output to hit upper range of $34-37b in FY24

Construction output to hit upper range of $34-37b in FY24

Contract awards saw significant growth, with 3Q24 and 9M24 wins up 55% and 34% YoY, respectively.

Healthcare sector faces pressure from mature market and foreign competition

Local patients often choose longer waits or affordable options in Malaysia, CGS International says.

Most capital goods companies poised for double-digit earnings growth in FY25F

Most defensive growth is expected from STE, which is projected to deliver approximately 15% growth.

ValueMax Group buys Ban Fook Pawnshop for $1.75m

Ban Fook has a net asset of $1.84m in 2023.

PGIM Investments appoints Brenda Leow as new head of SEA

She will lead the wholesale sales and distribution of the firm’s investment strategies.

Singapore transport sector poised for moderate growth in 2025

Demand in air transport is expected to remain strong, but weaker ticket pricing could pressure profitability.

Stable banking sector sees limited upside from NIM-driven earnings

Wealth management and treasury income will remain key drivers of non-interest income (non-II) in FY25F

Singapore GDP growth forecasted to ease to 2.4% in 2025

Manufacturing sector is anticipated to remain a key driver of economic growth.

Singapore poised for consistent growth with strategic trade advantage

The city-state has leveraged its strengths and location for steady growth since 2017, KGI says.

Daily Markets Briefing: STI up 0.42%; Top stock is Seatrium Ltd

Seatrium Ltd is the top stock with a 1.49% increase.

Singlife Connect 3.0 launched to build 'Beyond Insurance' ecosystem

It seeks to create integrated solutions in health, lifestyle, and financial literacy amongst others.

Manulife SG unveils two industry-first collaboration for cancer care, gut health

It will offer liquid biopsy for cancer care and gut health screening.