News
Daily Markets Briefing: STI up 0.14%; Top stock is ThaiBev
Daily Markets Briefing: STI up 0.14%; Top stock is ThaiBev
ThaiBev is the top stock with a 1.96% increase.
Condo rents fall 4.2% YoY in Q3
Savills expects the YoY rent change to stabilise in the next quarters.
Wavemaker Partners launches $40.37m fund for SEA Series B startups
It aims to back eight to 12 companies, investing between $4m to $10.76m.
Centurion’s revenue rises to $62.1m in Q3 on high rental income and occupancy
Across markets, Singapore reported the highest revenue uptick of 26% YoY.
SGX RegCo flags unusual trading in 9R shares, advises caution
Its shares rose 48.7% from June to August.
Metro Holdings’ H1 FY25 profit down 59.6% YoY amidst China property slump
It reported fair value losses net of tax of $11.1m from its China investments.
StarHub’s net profit rises 11.1% YoY to $40.4m in Q3
Growth in select business segments drove the increase.
Jardine C&C 9M 2024 profits weighed down by weak car sales, currency
Singapore, Indonesia, and Vietnam all had reduced contributions.
Over 1 in 2 Singapore firms plan overseas expansion in 2024
The top markets for expansion are Vietnam, Indonesia, and Thailand.
Japan Food Holdings suffers $1.6m net loss in HY 2025
Higher operating expenses drove the decline.
Wilmar CEO raises stake with 1.15 million share purchase
He acquired the shares at $3.080 apiece.
Singapore advances to top spot in global digital competitiveness rankings
It moved two places up.
Zixin Group posts $1.45m profit in H1 FY2025
This is a turnaround from the $632,304 loss recorded in the same period last year.
Non-landed homes rental index inches up by 0.5% in Q3
This followed three consecutive quarters of decline.
Singapore Tourism Board unveils two initiatives to boost sustainable tourism
Tourist attractions may pursue certification starting in 2026.
SG justifies blocking $2b capital withdrawal in Income-Allianz deal
This proposed extraction does not align with the representations made to MCCY.
Law increases shared parental and mandatory paternity leave
It will start on 1 April 2025.
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