News
Singapore is APAC's top cross-border investor in 4Q23
Singapore is APAC's top cross-border investor in 4Q23
Despite this, Singapore's investment volume fell 29% YoY in 4Q23.
Daily Markets Briefing: STI up 0.25%; The top stock is DBS
DBS is the top stock despite a 0.22% decline.
Singapore’s investment pledges drop 44% to $12.7b in 2023: EDB
Commitments from electronics firms were more than halved last year.
Innovative financing to boost Singapore’s lead in climate finance, says KPMG
Robust policy and leveraging technology can also help fast-track green goals.
SGX-listed Seatrium says it will log “significantly higher” losses in 2023
Seatrium is in the process of closing, writing down non-core assets.
OUE REIT’s net property income up 15.9% to $119.7m in H2 2023
Hilton Singapore Orchard’s full reopening helped drive OUE REIT’s profits in 2023.
STI declines 2.5% in the first four weeks of 2024
Singapore stock market booked $125.8m of net institutional inflow.
The STI declined 2.5% for the first four weeks of 2023 with the iEdge SG Advance Manufacturing Index declining 5.1%, SGX reported.
EMA awards 600 MW hydrogen-ready CCGT development to YTL PowerSeraya
The new unit is expected to be commissioned by end-2027.
HSA seizes over 1.12 million units of illegal health products in 2023
The authority also took down 12,474 online listings of illegal health products.
CLINT NPI grows 8% YoY to $179.6m in 2023
Its growth was boosted by the acquisition of quality assets.
Private houses’ prices index drops 1.4% MoM in December 2023
Property price is expected to fall by 5% - 10% in 2024.
Keppel REIT posts net property income rises 3.7% YoY in FY23
It saw a positive rental reversion of 9.9%.
Mapletree Logistics to divest 4-storey cargo lift warehouse for $16.8m
The divestment is set to be completed in FY23/24.
CLCT records 5.3% YoY net property income growth in FY23
This is thanks to the stronger performance of its retail portfolio.
Auction listings drop 2.9% QoQ in 4Q23
There were 99 listings in the last quarter of 2023.
Daily Markets Briefing: STI down 0.64%; Top stock is UMS
UMS is the top stock despite a 3.704% decline.
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