News
SGX Securities launches 1st active ETF
SGX Securities launches 1st active ETF
Singapore welcomed the listing of Lion-Nomura Active ETF.
Keong Hong Holdings posts $50.8m net loss in FY23
The company’s net loss rose 9% year-on-year.
ISCA allocates $3m to elevate directors' proficiency in board masterclass
The programme hopes to provide holistic learning to improve governance and practices.
Which sectors are confident in their business outlook for H1 2024?
The accommodation industry is the most confident amongst all sectors.
Antler commits $5.1m pre-seed funding to 37 startups in Southeast Asia
The portfolio of startups spans 19 sectors.
41% of Singaporean business leaders skeptical about their financial data: survey
Manual processes and human error are mainly to blame.
LTA awards $480m contract for design and construction of Maju station, tunnels under CRL2
KTC Civil Engineering & Construction bagged the civil contract.
MPA welcomes 3 new board members
They will serve the agency for three years.
IREIT divests office asset in Barcelona for $35.5m
The sale price was 6.1% above the property’s latest valuation.
SGX Group posts 1.0% YoY lower net income of $281.6m in 1H24
Its adjusted net income of $251.4m, however, translates to a 6.2% YoY increase.
CCCS begins in-depth review of Grab’s proposed acquisition of Trans-cab
The review ensures that the acquisition will not raise competition concerns.
AIMS APAC REIT’s net property income climbs 6.3% YoY to $97.8m in 9M24
Despite higher NPI, the REIT recorded a 4.1% YoY lower distribution per unit.
Retrenchments soar to 14,320 in 2023
Business re-organisation or restructuring remained the top reason for retrenchments last year.
Average price of freehold shophouses jumps 10.1% YoY in 2023
The average price reflects a total transaction sales value of $948.0m.
Daily Markets Briefing: STI up 0.15%; Top stock is DBS
DBS is the top stock with a 0.189% increase.
Study shows 1 in 2 financially savvy Singaporeans own crypto, bullish on its future
High risk and volatility are some of the top concerns deterring non-crypto users.
Leong Wei Hung to take the helm as CEO of Singapore LNG Corporation
He will begin his tenure on 7 April.
Singapore LNG Corporation (SLNG) has named Leong Wei Hung as its new Chief Executive Officer.
Commentary
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