News
Singapore Fintech Association launches ‘Project Tapir’ with Malaysian VCs
Singapore Fintech Association launches ‘Project Tapir’ with Malaysian VCs
The partnership aims to foster cross-border collaboration between Singapore fintechs and Malaysia.
Serene Centre sold for $105m
The property is a four-storey freehold commercial/residential development.
Palm oil woes, lower sugar prices weigh on Wilmar Int’l in 2024: analysts
Share price will get a boost should Wilmar be definitively cleared from the China palm oil fraud.
Higher costs weigh on SIA, but record earnings still expected: analyst
UOB Kay Hian has cut earnings forecasts by 3.6% for 2024.
E-angpaos sent in CNY tripled in 2024: OCBC
The $100 amount is the most popular e-angpao amount this year.
Why Singapore saw softer inflation in January despite GST hike
In January, consumer prices eased to 2.9% YoY.
Condo resale volume slips 0.6% MoM in January
Over 700 units got resold during the month.
Condo resale prices increase by 7.2% YoY in January
Across submarkets, OCR posted the highest year-on-year price increase.
Seatrium widens net loss in FY23 to $1.9b
The company attributed its losses to non-cash write-downs, amongst others.
Sri Trang Gloves widens loss by 10.1% YoY to ฿42.3m in 4Q23
The company recorded a loss despite posting an 11.5% YoY jump in sales revenue.
Cromwell EREIT posts 8.7% YoY lower income of €88.3m in FY23
The REIT also declared an 8.7% YoY lower DPU of €0.15693.
Dasin Retail Trust taps Wang Peng as acting CEO of trustee-manager
Peng was previously part of the Sino-Ocean Group.
Raffles Medical Group’s PATMI drops 37.1% YoY to $90.2m in FY23
The company attributed the decline to the discontinuance of its COVID-related activities.
Inflation eases to 2.9% YoY in January
In December 2023, headline inflation rose 3.7% YoY.
Great Eastern’s weighted new sales dip, earnings soar in 2023
The total dividend for 2023 amounted to 75 Singaporean cents per ordinary share.
How much do advertisers spend on digital ads?
Digital spending makes up 59.7% of total ad spend in Singapore.
Daily Markets Briefing: STI down 1.24%; Top stock is DBS
DBS is the top stock despite a 0.353% decrease.
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