News
Frencken’s PATMI rises 29.3% YoY in Q3 2024 on revenue growth
Frencken’s PATMI rises 29.3% YoY in Q3 2024 on revenue growth
Revenue rose 7.7% YoY to $372.7m.
Keppel DC REIT raises $1.1b in oversubscribed equity fundraising exercise
Its upsized private placement was 3.4 times subscribed.
Structured certificates tied to US stocks to debut on SGX-ST
It will make its debut on 2 December.
SGX eases intestate claims for Central Depository assets under $5,000
The agency removed the legal documentation requirement.
Industrial property prices increase by 0.5% in Q3 2024
It was largely driven by the multi-user factory segment.
Smart Port Challenge garners over 200 proposals from 35 countries
Twenty start-ups have qualified for a $100,000 grant.
Prudential launches AI lab in Singapore
Employees have submitted over 100 AI use cases since its soft launch in August.
Canon Singapore, Temasek Polytechnic to launch security centre in 2025
It is set to open in the third quarter of 2025.
CLI to acquire 40% stake in SC Capital Partners for $280m
CLI will fully acquire SC Capital Partners by 2030.
IMDA, MWG to pilot Autonomous Mobile Robots at Mandai Wildlife Reserve
The trial will begin in the first quarter of 2025.
SG, Zambia sign MoU on carbon credits
The countries will exchange best practices and knowledge on carbon credit mechanisms.
Office market sees net absorption of 417,000 sq ft in Q3
The CBD and non-CBD areas contributed 20,000 sq ft and 17,000 sq ft, respectively.
Yinson GreenTech introduces SG’s first electric hydrofoil vessel
Its hydrofoil system reduces energy consumption by up to 80%.
Chinese car brands gain confidence amongst S'porean car owners: survey
80% of car owners in Singapore trust Chinese car brands.
Daily Markets Briefing: STI up 0.63%; Top stock is Seatrium Ltd
Seatrium Ltd is the top stock with a 3.80% increase.
Singapore’s residential market expects boost in sales, prices in Q4
The residential price index dropped 0.7% QoQ in 3Q from 0.9% growth in 2Q.
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Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform