News
Singapore Flyer operator Straco’s Q3 earnings plunges 28.6% YoY
The decline was mainly due to exchange losses from the weakening Renminbi.
MAS updates rules on life insurance product launches
The changes aim to ensure adequate regulatory oversight.
Uni-Asia posts positive cash inflow of $4.5m in 9M 2024
The group’s net operating cash inflows were $22.6m (US$16.8m).
Seatrium and Cochin Shipyard ink MoU for jack-up rigs solutions in India
The collaboration aims to capitalise on Mobile Offshore Drilling Units (MODUs).
Singapore earmarks $100m for green growth in marine and offshore energy
This will be rolled out over the next five years.
CLI to expand global footprint with new growth focus
The company aims to double its FUM and operation earnings.
Union Steel acquires 680M Eneco Energy shares for $7.48m
The company will explore potential cross-selling and cost mutualisation opportunities.
CGS SG inks deal to boost financial literacy amongst PWIDs, caregivers
A pilot trial has already begun with 15 MINDS participants.
Singapore’s life insurance slated for $43b premiums in 2029
Due to the ageing population, health awareness, and consumer spending.
Industrial leasing activity rises 2.1% YoY in Q3
There were 3,205 tenancies recorded during the period.
Daily Markets Briefing: STI up 0.21%; Top stock is Genting Sing
Genting Sing is the top stock with a 1.97% increase.
Japan emerges as the top year-end holiday destination for young Singapore travellers
Travellers also favored regional destinations like Australia, Malaysia, China, and South Korea.
Singapore real estate investment sales up 25.4% YoY in Q3
The growth was driven by the $1.85b ION Orchard sale and $1.6b industrial acquisition.
Equinix to launch its sixth data facility in Singapore
It is set to open in Q1 2027.
UOB raises Singapore’s 2024 growth forecast to 3.5% on trade strength
However, its 2025 forecast was downgraded to 2.5% amidst external risks.
Lum Chang to list interior fit-out business separately on SGX Catalist
The proposed spin-off listing is currently in its preliminary stage.
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