News
Ministry of Finance orders six agencies to refund wrongly charged GST
Ministry of Finance orders six agencies to refund wrongly charged GST
The amount of wrongly charged GST for individuals and non-GST registered entities is estimated to be $1.5m yearly.
CK Hutchison cancels sale of Italian network infrastructure to EQT
The deal was called off after conditions were not met.
Keppel to install solar PV system at Changi Airport
The solar PV system will have a combined generation capacity of 43 MWp.
Cindy Khoo is Enterprise SG’s new managing director
She will take over as MD beginning 1 March 2024.
ThaiBev's earnings climb 1.9% YoY in 1Q24
It recorded an EBITDA of ฿13.8b ($700.7m).
Civmec’s net profit surges 12.8% in H1 2024
Earnings per share rose A$0.007.
IHH unit withdraws IPO application in India
Agilus submitted its Draft Red Herring Prospectus on 29 September.
Keppel Pacific Oak US REIT’s distributable income falls 10.1% YoY to US$26.1m in FY23
The REIT attributed the decline to higher financing costs.
Economy grows 1.1% in 2023; MTI retains 2024 growth forecast at 1.0%-3.0%
Economic growth moderated from 2022, when Singapore recorded a 3.8% YoY expansion.
Gov’t upgrades 2024 NODX forecast to 4.0%-6.0%
In 2023, NODX fell 13.1% YoY.
Daily Markets Briefing: STI down 0.09%; Top stock is DBS
DBS stocks went up by 0.246%.
Streaming Battle: Netflix retains its crown in Singapore
The platform saw a 3% growth in its market share in 4Q23.
Industrial sector may see rents softening, vacancies rising this year: expert
The island-wide vacancy rate forecasted to increase to 12.5%.
Singaporean firms lead global ethics, compliance: study
In addressing risks, local firms respond more dynamically to changes than global peers.
Tighter budget seen in SG to address inflation pressures
Singapore maintains tight monetary policy amidst peak inflation rate.
IEA to establish regional cooperation centre in Singapore
The centre will start operations in the second half of 2024.
Budget 2024: Economist foresees focus on four areas
RHB believes the budget will be a mix of short- and long-term goals.
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Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform