News
OUE Healthcare posts 77% YoY higher profit tax of $57.5m in FY23
The company also recorded a 33% YoY higher revenue for the period.
S-REITs post negative returns in January
Total returns of S-REITs were at -4.6%.
Daily Markets Briefing: STI down 0.54%; Top stock is DBS
DBS is the top stock despite a 0.975% decline.
Winners of Singapore budget 2024: banks, tech, renewables
Players in consumer staples and manufacturing cheer as well.
Proposed changes to cybersecurity law may improve oversight, scope: expert
Digitisation and reliance on outsourced computing vendors are among factors influencing the changes.
SG, Malaysia ink MOU to combat telco scams
The collaboration will facilitate mutual exchange of knowledge through training programmes.
Manufacturing output grows 1.1% YoY in January 2024
The transport engineering sector recorded the highest output growth of 43.5% YoY.
Buyer hesitancy drag condo resale volumes down
In January, resale volume slipped 0.6% MoM.
DBS, Sheng Siong to build sustainable business ecosystem with 1,000 SMEs
DBS will offer upskilling courses and sustainable financing solutions.
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.
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Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform