News

Daily Markets Briefing: STI increases by 0.19%; Hongkong Land is top stock

Hongkong Land was the most active stock as it increased by 1.79%.

SDC, WWF-SG unveil sustainability guidebook for establishments

The guidebook instructs businesses to align operations with sustainable practices.

ST Engineering revenue up 13% YoY to $2.3b in Q1

Its Commercial Aerospace sector contributed the largest with $873m.

United Hampshire US REIT’s net property income rises 13.5% YoY to US$12.9m in Q1

The REIT attributed the increase to the resilient performance of its existing properties.

LHN Limited’s net profit plunges 47.4% YoY to $16.9m in H123

Despite the net profit decline, the company proposed a higher interim dividend of $0.01.

Singapore receives first-ever import of live chicken from Indonesia 

Japfa delivered the 23,000 chickens to the Lion City.

CEREIT net property income up 3.6% YoY to $48.9m in Q1

Its DPU showed resiliency despite falling 2.4% YoY in Q1.

Central Bank unveils the Lee Kuan Yew centenary coin

Singaporeans can obtain the commemorative coin starting September 2023.

SGX-listed GAR’s net profit down 51% in Q1 due to normalised CPO prices

Despite the softened results, the firm said it stayed resilient.

Chart of the Day: Companies leading in data centre market

Knight Frank said Google has the highest market share.

Ravi Menon reappointed as managing director of MAS

Senior Advisor Goh Chok Tong is stepping down from his position.

HSBC SG partners with Mastercard for travel credit card

It aims to provide convenience for travellers due to the rise in post-pandemic traffic.

Singapore’s life insurance industry down in first quarter

Annual premiums surged 24.7% on a quarterly basis.