News
NODX falls 6.4% YoY in Q2 as non-electronics decline
Non-electronic NODX declined 9.2% YoY.
Weaker H2 recovery prompts Singapore to cut NODX growth forecast
The forecast was narrowed to +4.0% to +5.0%
CCCS greenlights Esteel’s partial stake acquisition in HG Metal
The competition watchdog sought public feedback from 13 June until 26 June.
Small firms lag in sustainability governance despite reporting improvements
Only 67% of smaller firms have a designated sustainability board member or committee.
Daily Markets Briefing: STI down 0.8%; Top stock is DFIRG USD
DFIRG USD is the top stock with a 5.68% increase.
Ascott revamps The Unlimited Collection portfolio with new cultural offerings
The Unlimited Collection currently has 11 properties across Asia, Europe, and the Middle East.
SFA lifts Pu Tien Services suspension after ByteDance food poisoning incident
The incident caused 17 hospitalisations.
OCBC, UOB to benefit from US-driven supply chain relocation to ASEAN
Multinationals are likely to hasten their ASEAN expansion.
Singapore banks’ loan growth, fee income steady in Q2
But treasury customer income is lower after their record highs in Q1.
CNMC Goldmine's H1 net profit hits eight-year high with US$4.4m
The increase was due to a rise in gold output in its flagship mine in Malaysia.
Aevice Health bags US$7m in seed round led by Coronet Ventures
The company will use the funds to advance its operations in key markets.
PSA International to acquire 85% stake in Poland's Loconi
Loconi runs 220 trains monthly across five corridors in Poland.
Singapore's capital value growth weakens amidst new launch scarcity
It ranked 23rd globally for strongest residential capital growth.
Johor Bahru-Singapore RTS link sparks concerns over retail value leakage
The RTS Link threatens Singapore's retail market.
Hong Leong Finance net profit rises 12.9% in H1 2024
Earnings per share stood at $0.2345.
Allianz's H1 2024 solid, Income to reap double-digit ROI
Its net income surged double-digit YoY.
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Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform