News
54% of Singaporeans show more loyalty to socially responsible brands: report
54% of Singaporeans show more loyalty to socially responsible brands: report
58% of both Millennials and Gen Z shoppers in Singapore are especially responsive to brands with a clear social impact focus.
Six in 10 shoppers abandon purchases over slow checkout
56% would walk away if their preferred payment method isn’t offered.
More than 30% of consumers are increasingly driven by social media trends: report
Singapore consumers say social media trends influence their buying decisions.
Nearly 50% of consumers use AI to assist shopping: survey
The report found that 49% of Singapore consumers used AI tools, such as ChatGPT, for shopping in the past year.
Businesses lose $7m on average to fraud in past year: report
Fully online businesses in Singapore saw the sharpest spike, reporting a 64% YoY increase in fraud-related losses.
Lakeside Drive site draws six bids despite market caution: analysts
This is the highest land rate for an Outside Central Region site since November 2023.
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.
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Commentary
SG60: What the next 10 years have in store for Singapore’s investment landscape