News
Daily Markets Briefing: STI up 0.17%; Top stock is ST Engineering
Daily Markets Briefing: STI up 0.17%; Top stock is ST Engineering
ST Engineering is the top stock with a 1.47% increase.
SingPost pilots Singapore’s first postal collection via SMRT trains
Mail ambassadors will be assigned to Tampines and Raffles Place MRT stations.
HDB rents seen improving after May’s weak showing
HDB rents slid 0.3% MoM in May.
High investor interest boosts Singapore real estate
Resilient market attracts international investment despite the global downturn.
Singapore needs renewable import boost to hit net-zero goals
Doubling renewable imports is the key.
ESR Group receives no objection letter from Shanghai Stock Exchange for logistics REIT spin-off
The CSRC has also approved the registration of the REIT.
NParks and URA launch design competition for Raffles Place Park revamp
The revamp aligns with broader plans to introduce more mixed-use and inclusive spaces.
SIAS cites ‘dilemma’ for minority shareholders amidst OCBC's GE offer
OCBC earlier announced a $1.4b offer to acquire the remaining 11.56% stake in GE.
Geo Energy recovers 67% of unpaid receivables via sale of creditors’ rights
The company sold the creditors’ rights for US$18m.
Food Empire to issue US$40m redeemable exchangeable note to Ikhlas Capital
Proceeds from the notes issuance will go to SEA expansions.
Oxpay Financial obtains $2m convertible loan
The loan bears an interest rate of 6.9% per annum.
Singapore Airlines to launch daily flights to Beijing Daxing
The addition will boost SIA's weekly flights to Beijing to 28.
IREIT Global to lose top tenant at Berlin Campus
DRV contributed about 20% of IREIT Global's gross rental income in Q1 2024.
Singapore asks Facebook, Carousell to put up stronger safeguards against scams
The Online Criminal Harms Act was passed in July of last year.
Fallen Singapore oil tycoon OK Lim puts GCB up for sale for $43m
OK Lim last month was found guilty of three criminal charges.
Singapore dominates Southeast Asia tech funding
The city accounted for 68% of total funds raised in SEA in H1 2024.
Daily Markets Briefing: STI up 0.21%; Top stock is DFIRG USD
DFIRG USD is the top stock with a 2.67% increase.
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