News

Daily Markets Briefing: STI down 0.13%; Top stock is HongkongLand USD

HongkongLand USD is the top stock with a 4.07% increase.

Overall business sentiment climbs to 80% in 2024: report

Medium enterprises were the most positive about their business sentiment.

Maersk, Castlery ink freight and integrated logistics deal

The deal involves providing ocean freight, intermodal transportation, and distribution.

NTUC launches new company mentorship pilot programme

The programme will connect unionized companies with approximately 1,200 mentors.

Half of businesses seek aid amidst inflation and digital push

Budget initiatives are seen vital in managing costs and boosting productivity.

Singapore's life insurance workforce shrinks by 2.3% in 2024

Higher demand was noted in integrated shield plans and riders coverage.

Daiwa House Industry’s 2024 net profit rises 9.5%

Net profit for the period reached $2.08m (¥237b).

Over 4 in 5 businesses seek government support

The majority of those in the health sector have applied or are interested.

Civmec net profit down almost 17% YoY in H1 2025

Administrative expenses increased by 18.3% during the period.

ThaiBev posts 2.4% YoY revenue rise in Q1 2025

Revenue for the period reached $3.68m.

PC Partner projects significant profit growth in 2024

This is due to the strong demand for the new series of video graphics cards.

Singapore weighs tax incentives to boost equities market

Further measures are expected in the second half of the year.

Kingsmen Creatives, Black Spade to develop APAC attractions

The developments will initially focus on Macau, the Philippines, Vietnam, and Thailand.

Singapore economy up 4.4% in 2024

It was driven by the wholesale trade and finance & insurance sectors.

Singapore NODX up 2% in 2024

Non-electronic exports fell.

FSL Trust Management to sell product tanker

It will be sold to an unaffiliated third party who lodged a 10% deposit in escrow.