News
Daily Markets Briefing: STI up 0.24%; Top stock is CapLand Ascendas REIT
CapLand Ascendas REIT is the top stock with a 1.18% increase.
Real-time data needed for proper AI adoption
Businesses are struggling to integrate new data sources, amongst others.
Valuetronics invests $7.7m in AI JV with SinnetCloud HK
Valuetronics will hold 55% interest in the JV.
Condo resale prices in May show slower growth
Prices rose 0.4% MoM and 4.2% YoY.
Best World’s exit offer ‘fair and reasonable' - IFA
It estimates that the value of each share ranges between $1.36 and $2.69.
Singapore nears completion of oil spill cleanup
Approximately 550 tonnes of oil-soaked sand and debris have been collected so far.
Singapore is world’s most expensive city
It was also named as the priciest location globally for car ownership.
OCBC bags over 90% of Great Eastern’s shares, trade suspension to take effect
Trade suspension will be lifted if Great Eastern's public float rebounds to at least 10%.
Jasper Investments to acquire 51% stake in Prosper Excel Engineering
The company will acquire the stake for $7.5m.
SingPost settles share transfer issue with Famous Holdings
Famous Holdings will transfer 37.5% shares to SingPost Logistics Investments.
Major players set taxi surcharges from Changi Airport and Mandai at $8
Trips at other times would incur a surcharge of $6.
Singapore assesses oil spill impact on beach-front businesses
Significant progress has been made in clearing oil slicks from the beaches.
Nanjing Xinjiekou continues share offer amidst Cordlife suspension
The MOH has extended Cordlife’s suspension by three months.
Alpina consortium wins $115.7m contract for facilities management
The contract will commence in January 2025.
Seven in ten Singaporean shoppers open to no packaging for online orders: report
Shoppers were mainly concerned about recycling or disposing of the packaging.
Singapore’s workforce trusts AI to drive business more than global average: survey
Gen Z and millennials most likely to use AI tools.
Read Here
Advertise
Sign Up
Commentary
SG60: What the next 10 years have in store for Singapore’s investment landscape