News

FCT to acquire an additional 24.5% stake in NEX for $523.1m

The acquisition will raise FCT’s effective interest in NEX to 50%.

Central bank to maintain status quo on monetary policy

Core CPI inflation rose to 3.3% YoY in December higher than expected 3%.

OCBC expands money lock feature to time deposits

The feature has been used by 30,000 customers.

IMDA launches a $30m research fund on sustainable tech

The initiative will focus on research and collaboration with industry partners.

Gov’t establishes new sustainable finance body

The association will improve standards, solutions, and skills in the finance sector.

Salary hike to stay flat this 2024 for S’porean workers: Aon

40% of Southeast Asian companies are carefully optimistic about hiring.

Condo resale prices climbs for the 5th consecutive month in December

This is despite a dip of 10.4% in condo resale volume.

SGTech unveils GenAI guide for businesses

The guide is an initiative to respond to Singapore's National AI Strategy 2.0.

Daily Markets Briefing: STI up 0.52%; Top stock is DBS

DBS is the top stock with a 0.094% increase.

Rising FDI could benefit SMEs in 2024: experts

Stronger business growth seen for firms with presence abroad.

S-REITs face better year ahead amid rate cuts, improving economy

The next major S-REIT rally is seen happening in Q2.

FairPrice Group to extend store operating hours for Chinese New Year

Over 60 stores will operate for 24 hours on 8 February.

DBS targets all manned branches to be green mark platinum certified by end-2024

Currently, 33 of its 41 manned branches have already clinched the rating.

Sembcorp subsidiary to develop 450 MW hybrid power project in India

The power generated from the project will be sold to SECI.