News
Singapore Post’s net profit jumps by 65.5% in H1
Singapore Post’s net profit jumps by 65.5% in H1
Interim dividend stood at $0.34 per ordinary share.
FLCT’s FY2024 income up 2.7% YoY; DPU down 3.4%
Revenue for the period also rose 6.2%.
HDB resale volume falls third-month in a row in October
Transaction volume fell 2.7% in October, whilst it dropped 14.9% in September.
Retail vacancy in Singapore hits lowest point since 2014 at 6.5%
Orchard Road’s vacancy rate was 7% in Q3.
Banque de France, MAS completed post-quantum cryptography trial
The technology aims to protect data from cybersecurity threats posed by quantum computing.
Singapore retail sales up 2% YoY in September
It was largely driven by a surge in motor vehicle sales.
AIA Singapore, Whitecoat expand partnership to address healthcare affordability
Medical costs in Singapore are set to rise nearly 10.7% in 2024.
Singapore fares in four areas of national interest: report
It ranges from lifelong learning, health, housing and sustainability, and the economy to security and diplomacy.
Only 56% of S’pore graduates see insurance as appealing career choice
Seven in 10 said there was limited career growth in the industry.
Singapore leads APAC data center investments as AI drives demand
APAC data center investment volumes reached $3.7b in YTD Q3 2024.
Daily Markets Briefing: STI up 0.27%; Top stock is JMH USD
JMH USD is the top stock with a 4.02% increase.
STI dips 0.7% in October, industrials sector lead net institutional inflow
The FTSE ASEAN All-Share Index also declined 2.1% in SGD terms.
2 S'poreans land on Forbes Asia's Power Businesswomen 2024 list
These are Tan Su Shan and Serena Teo Joo Ling.
Gov't installs over 15,300 EV charging points across S'pore
About 7,100 of these are public, with the rest in private areas like condominiums.
Changi Airport loses $273m tax break appeal
It was dismissed due to the assets being structures and not tools of trade.
Only 4 in 10 Singapore firms see AI as fully transformative
A digital infrastructure is essential to realise AI's full capabilities.
HCLTech to open fifth Singapore lab in 2025
The lab regional will assist enterprises in advancing AI initiatives.
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Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform