News
Aleta Planet provides cross-border payments for China’s Jinnan
Aleta Planet provides cross-border payments for China’s Jinnan
Fintech Aleta Planet to provide cross-border payments for China’s Shanxi Jinnan Steel Group
FIDReC reports 45% YoY rise in claims for FY2024
64% of the completed claims were filed against banks, finance companies, and credit bureaus.
Foodpanda warned over misleading ‘Pandapro’ subscription advertisement
This is due to its “free delivery on all restaurants” claim.
Mermaid Maritime appoints new independent director
The appointment took effect on 20 November.
SEAS, KPMG launch AI-powered decarbonisation platform for businesses
The platform will support funding and solutions for decarbonisation projects.
Hanwha Ocean closes conditional cash offer for Dyna-Mac with 95.15% ownership
This will enable Hanwha Ocean to delist Dyna-Mac
Wenzhou-Singapore direct flights to start on 24 December
It will be operating three flights per week.
Soilbuild Construction bags $85.5m contracts in Singapore
Soilbuild will work on Projects in Tampines and Bedok.
ResMed partners EDB to expand Singapore operations
The company will increase its production capacity and advance its technology in Singapore.
Netflix remains the leading streaming platform in Singapore
Netflix’s market share in Singapore slipped 2% in Q3 2024.
Daily Markets Briefing: STI down 0.18%; Top stock is DFIRG USD
DFIRG USD is the top stock with a 2.42% increase.
Rex International records 10,027 barrels per day from Norway and Oman in October
Brage and Yme fields contributed 7,637 boepd; whilst Yumna field contributed 2,555 stb/d.
Moderate HDB rental growth seen in 2024 as leasing activity improves
OrangTee forecasts 2%-3% growth; whilst Huttons 3%-4%.
Condo rental market shows stability in 2024 as demand improves steadily
This is despite condo rental transactions dropping by 7.5% in October.
Oneteam raises $3.5m in seed funding round
The fund will mostly be allocated to acquire small businesses.
New aquaculture plan to boost high-quality fish egg supply and hatchery upgrades
It also aims to equip workers with modern aquaculture skills.
Condo rents rise 0.5% MoM in October but fall 2.8% YoY
Volume fell on a sequential basis.
Commentary
Liquidity crucial to stock market reform
From ownership to access: Unlocking vehicle productivity in Singapore
Why Singapore schools need AI policies now: A chemistry teacher’s warning