News
SGX rejects Thomson Medical’s application to extend period for public float restoration
SGX rejects Thomson Medical’s application to extend period for public float restoration
The company applied for a further extension on 2 January.
KPMG and SBF outlines Budget 2024 wish list
Their first recommendation is to strengthen Singapore’s regional competitiveness.
MOE prepares students for safe AI use
Students and the education workforce to learn about proper AI use and its risks.
New bill to expand MAS’ investigative powers proposed
Some of the expanded powers are entering premises without notice.
S’poreans log nearly 5 hours daily on apps in 2023
Last year, Singaporeans averaged 4.51 hours. Higher than 2022’s 4.43 hours.
HubSpot partners with TikTok to supercharge B2B lead generation
87% of TikTok users in SEA discover new products and brands through creator content.
WTW reveals two new appointments in Singapore team
Ernest Heng has been appointed as the head of specialty whilst David Ng as head of client services in Singapore.
Around 38,000 accounts activate ‘Money Lock’ feature
The activation resulted in over $3.2b of savings that were set aside.
Singaporeans satisfaction with life declines
They are most dissatisfied with their household income and standard of living, amongst others.
SG promotes proper culture and conduct amongst general insurers
The ICCSC hopes to ensure that general insurers maintain and improve professionality to grow customer’s trust.
AIA S’pore launches Ultimate Critical Cover, S’poreans feel ‘inadequately protected’
A study was conducted which showed that respondents consider a median payout of $100,000 sufficient, short of the recommended $300,000 by LIA.
Daily Markets Briefing: STI down 0.59%; The top stock is DBS
DBS is the top stock despite a 1.095% decline.
OCBC prices $450m capital securities at 4.05% first callable in 2029
The net proceeds will be used for OCBC’s general corporate purposes.
Keppel inks multi-year PPA with GlobalFoundries
The PPA is seen to commence on 1 May 2024.
SG startup Qashier launches QR payment terminal
It accepts the majority of e-wallet QR payments and is expected to benefit hawkers and minimarts.
Daily Markets Briefing: STI up 0.32%; The top stock is DBS
DBS is the top stock with a 0.061% increase.
Singapore’s largest S-REITS averaged 5.6% dividend yield in 2023: SGX
FLCT maintains the highest indicative yield, whilst CICT has the highest market value.
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Commentary
SG60: What the next 10 years have in store for Singapore’s investment landscape