News
Chua Ding En promoted as Beng Kuang Marine's CEO of corrosion prevention division
Chua Ding En promoted as Beng Kuang Marine's CEO of corrosion prevention division
He will lead the division in terms of business growth in both Singapore and Indonesia.
Serial Achieva unit secures $20.92m HGX server supply deal
It will support advanced AI model training and data processing.
Rex Int'l records over 13,000 barrels of oil from Norway, Oman operations
Its Norwegian subsidiary contributed 10,571 barrels of oil equivalent per day.
Collective sales rebound in Q4 2024
It was up from the sole sale between January and September last year.
Heeton Holdings’ Bhutan hotel to open doors in Q2 2025
The property is set to be the largest hotel in the country with 87 rooms.
HDB resale price growth eases to 9.8% YoY in December
In November, resale prices rose 10.4% YoY.
HDB resale volume climbs 9.1% MoM in December
Year-on-year, resale volume rose by 5.9%.
River Valley Apartments up for sale: Knight Frank
It will be sold by public tender for $56m, or approximately, $1,622 per sq ft per plot ratio.
GE Vernova eyes $27.2m gas turbine investment in Singapore
It will leverage artificial intelligence and hire over 100 technical roles.
STI nets 23.5% returns, best in a decade
Yangzijiang Shipbuilding was the top-performing stock.
CCCS approves AMD’s proposed acquisition of ZT Group
The acquisition will not infringe section 54 of the Competition Act 2004.
Straits Trading launches second series of 3-month commercial papers on SDAX
It expects to raise between $5m and $10m.
Former PSA chairman Fock Siew Wah dies at 84
Siew Wah was also the founding chairman of SMRT and the LTA.
Daily Markets Briefing: STI up 0.53%; Top stock is Keppel
Keppel is the top stock with a 1.74% increase.
Tiong Seng Holdings increases share capital with $2m placement
The placement agreement was signed with Continental Steel Pte Ltd, one of Southeast Asia’s premier steel suppliers.
CSE Global subsidiary initiates legal proceedings over SBLC dispute
The company intends to recover the $8.1m (US$6m) paid under the SBLC.
Resale condos show recovery in November with 1.2% price increase: analysts
Growth was attributed to limited supply and recovering demand, particularly in the OCR.
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Commentary
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