News
Daily Markets Briefing: STI up 0.08%; Top stock is UOL
Daily Markets Briefing: STI up 0.08%; Top stock is UOL
UOL is the top stock with a 2.73% increase.
Singapore businesses and consumers mixed on CX rate: survey
Whilst 90% of local businesses rate their customer engagement as 'good' or 'excellent,' only 57% of Singapore consumers agree.
Strata industrial sales hit 5-year low in Q1
Sales volume dropped to 351 transactions in Q1, as businesses put expansion plans on hold.
Golden Village sells Yishun 10 Cinema to Frasers subsidiary for $48m
Net proceeds will be used to repay bank loans and for general working capital.
Alpina Holdings in private talks over possible share deal
Shareholders are advised to exercise caution when dealing in the shares.
Sasseur REIT taps Cheng Hsing Yuen as new COO
His appointment took effect on 3 June.
SATS, Kuehne+Nagel to enhance air cargo logistics supply chain
They have introduced an expedited delivery service for urgent aircraft parts in Singapore.
Japfa to delist from SGX on 6 June
The company was originally scheduled to delist on 10 June.
Stoneweg EREIT to trade European Stapled Trust on 16 June
Stoneweg European REIT units will cease to trade on the SGX-ST on Friday, 13 June 2025.
ST Engineering bags 5-year MRO deal with Air Cairo
The contract will support the LEAP-1A engines for Air Cairo’s Airbus A320neo fleet.
Tourism job interest jumps 130%: Indeed
Job opportunities in the sector also rose by 48.7%.
Grand Venture Tech’s profit after tax up 27.7% YoY in Q1
The company’s revenue also rose by 44.8% YoY to $44.6m.
Mapletree posts $637.4m profit in FY25
AUM also increased from $77.5b to $80.3b.
Frencken to build new $63m manufacturing facility in Kaki Bukit
The site will be built on a plot of land leased from JTC Corporation to its subsidiary ETLA.
PMI edges up to 49.7 in May
This marks the second contraction following 19 consecutive months of expansion.
GigaDevice opens headquarters in Singapore
It will serve as a central platform to drive global coordination.
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Commentary
SG60: What the next 10 years have in store for Singapore’s investment landscape
Microclimate retrofitting could be Singapore’s next big sustainability play