News
Daily Markets Briefing: STI up 0.06%; Top stock is Seatrium
Daily Markets Briefing: STI up 0.06%; Top stock is Seatrium
Seatrium is the top stock with an 11.69% increase.
More homebuyers turn to resale market amid high home prices: analysts
The resale condo market will continue to stay active this year.
Singapore LNG infrastructure investment could boost two-way trading capacity
The FSRU project will bolster the country’s LNG re-export.
Singapore police to launch new vocation vs. cybercrime
New programmes encouraging public participation will also be introduced.
DBS, UOB, and OCBC lead SG stocks with a $500m net institutional inflow
The trio averaged 15.6% total returns from 1 January to 23 May.
ANA Holdings gains CCCS approval for Nippon Cargo Airlines buyout
The commission cited three reasons for allowing the acquistion.
SQ321 plane flies back to Singapore from Bangkok
52 passengers are still in Thailand.
Yangzijiang Financial clarifies role with maritime entry
The company assured it will have a different role from its sister company.
SingHaiyi and Nakano Singapore partner for luxury residential project in Jurong Lake District
It aims to offer a premium lifestyle in Singapore's largest mixed-use business hub outside the city center.
Stamford Land's net profit plummets 96.1% YoY to $5.95m in FY24
With net profit contraction, the company proposed a lower EPS of 0.40 cents.
GP Industries warns of $58m-$68m loss in FY24
The company attributed its expected net loss to its share of XIC Innovation's FY24 loss.
Best World raises exit offer price to $2.56 from $2.50
The company declared its latest offer final.
Condo resale prices rise 1.5% MoM and 5.1% YoY in April
Across submarkets, OCR posted the highest year-on-year price increase.
Sanli Environmental's profit hit by rising expenses, falls 32.8% YoY
With net profit contraction, the company proposed a lower EPS of $0.0109.
Japan Foods Holdings suffers $0.5m net loss in FY24
The company attributed the net loss to higher expenses.
Manufacturing output drops 1.6% YoY in April
Excluding the biomedical manufacturing segment, output would’ve increased by 1.7% YoY.
SG completes ship-to-ship bunkering of nearly 1,340 MT of blended methanol
Another simultaneous methanol bunkering and cargo operation for a container vessel is scheduled for the following week.
Commentary
SG60: What the next 10 years have in store for Singapore’s investment landscape