News
Cost-of-Living support package to boost retail sales
Cost-of-Living support package to boost retail sales
For 2023, UOB expects retail sales to grow by 3.5%
Structural nuances determine stamp duty for fractional property investments: MOF
Buyers directly acquiring residential properties usually have to pay up to 6% stamp duty.
SGX makes changes to its board
One of the newest appointees is a former UK lawmaker.
SIIC Environment inks upgrading and expansion for 50,000-tonne project
Two of the projects will extend their concession period.
BIS and central bank partners launches Project Mandala
It explores protocols for cross-border transaction regulation.
Best World Limited to SGX: Dividends were undeclared due to uncertain China revenue
It clarified that it paid out more than $121m in dividends from 2004 to 2009.
Retail sales climb 4.0% YoY in August
Month-on-month, sales improved by 1.7%.
Noontalk’s EGM to be held for proposed adoption of share purchase mandate
It will be conducted on 23 October 2023 at 11 a.m.
F&B sales growth picks up to 8.6% in August
In July, F&B sales grew 6.6% YoY.
DPM Wong to visit the US to strengthen bilateral relationships
DPM Wong will visit Arizona, New York, and Washington D.C.
Daily Markets Briefing: STI up 0.24%; City Developments Limited is top stock
City Developments Limited grew 1.56%.
What are the 3 factors that steered SG markets in 3Q23?
In 3Q23, the STI generated a 2.1% total return.
Number of resold million-dollar HDB flats drop 22% MoM in September
The top HDB resale flat in September was an Executive Room in Bishan St. 24.
Taking ‘overly prescriptive approach’ in encouraging startups to list locally may stifle growth: gov’t
The number of Singapore’s IPOs and proceeds raised has been declining since 2021.
ESR-LOGOS REIT's Ang Mo Kio property obtains TOP
The property has also secured an occupancy of 50%.
CEOs see potential in profitability, innovation and jobs in Generative AI
However, ethical regulations still need to be fixed.
Three in 10 CEOs likely to reward workers returning to office
A third of CEOs will promote or offer cash reward to those working in the office.
Commentary
Liquidity crucial to stock market reform
From ownership to access: Unlocking vehicle productivity in Singapore
Why Singapore schools need AI policies now: A chemistry teacher’s warning