News

Condo resale prices slip in January: report

This is the first time it declined in 28 months. 

Wilmar CEO acquires additional 217,000 shares in the company

Kuok Khoon Hong acquired his additional stake at $3.93 per share.

Manufacturing output drops 2.7% YoY in January 

Excluding biomedical manufacturing, output would have fallen by 6.3% YoY.

Central bank may further tighten monetary policy in April: analysts

This is expected if core inflation does not moderate.

Chart of the Day: Majority has reservations when chatting with ChatGPT

Non-consensual data collection and misinformation are some of their worries.

Cathay Pacific giving away 12,500 round-trip tickets to Hong Kong for Singapore residents

Launching 2 March, the prize will be awarded to the first 12,500 entrants who answer three questions correctly

ST Engineering group revenue surges 17.4% in FY2022

The group’s EBIT grew 9.1% despite reduction in government support.

Industrial property leasing volumes fall for first time in 11 years

Leasing of single- and multiple-use factory spaces slowed in Q4 2022.

Broker: Sembcorp Industries has ‘buy’ rating over manageable debt levels

Sembcorp Industries will also see a growth of mergers and acquisitions activity in 2023.

SingPost’s global segment to benefit from lower air costs: analyst

This could be a silver lining as the firm faces headwinds.

ST Engineering chairman takes a bow

Kwa Chong Seng will leave his post on 21 April.

MAS mandates due diligence and conduct requirements for CF advisers

The central bank said the requirements will allow investors to make informed decisions.

Inflation picks up to 6.6% in January

It came in higher due to the increase in services inflation, amongst others.

OCBC reports record net profit of S$5.75b in 2022

Full-year dividend is at 68 cents per share, 28% higher than in 2021.

Chart of the Day: 1 in 2 Singaporeans plan to purchase tech for content creation 

An expert said there’s an increasing number of content creators in Singapore.