News
CDL posts mixed Q3 results with strong residential and office gains
CDL posts mixed Q3 results with strong residential and office gains
Its total residential sales in Q3 soared 88% to $611.1m.
Singapore banks a ‘safe haven’ from US market volatility
UOB, OCBC, and DBS have low earnings downside risk and offer attractive dividends.
Gov’t launches PWD support in Tech4Good initiative
The programme will facilitate inclusive employment in the technology sector.
Paragon REIT divests 85% stake in Australian Mall for $168.3m
The divestment reflects a 5% premium over the independent valuation of $160.3m.
Condo resale prices dip 0.5% in October
However, resale volume increased by 8.1%.
Singapore Flyer operator Straco’s Q3 earnings plunges 28.6% YoY
The decline was mainly due to exchange losses from the weakening Renminbi.
MAS updates rules on life insurance product launches
The changes aim to ensure adequate regulatory oversight.
Uni-Asia posts positive cash inflow of $4.5m in 9M 2024
The group’s net operating cash inflows were $22.6m (US$16.8m).
Seatrium and Cochin Shipyard ink MoU for jack-up rigs solutions in India
The collaboration aims to capitalise on Mobile Offshore Drilling Units (MODUs).
Singapore earmarks $100m for green growth in marine and offshore energy
This will be rolled out over the next five years.
CLI to expand global footprint with new growth focus
The company aims to double its FUM and operation earnings.
Union Steel acquires 680M Eneco Energy shares for $7.48m
The company will explore potential cross-selling and cost mutualisation opportunities.
CGS SG inks deal to boost financial literacy amongst PWIDs, caregivers
A pilot trial has already begun with 15 MINDS participants.
Singapore’s life insurance slated for $43b premiums in 2029
Due to the ageing population, health awareness, and consumer spending.
Industrial leasing activity rises 2.1% YoY in Q3
There were 3,205 tenancies recorded during the period.
Daily Markets Briefing: STI up 0.21%; Top stock is Genting Sing
Genting Sing is the top stock with a 1.97% increase.
Japan emerges as the top year-end holiday destination for young Singapore travellers
Travellers also favored regional destinations like Australia, Malaysia, China, and South Korea.
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Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform