News
Mirae Asset Securities SG joins SGX as new trading member
Mirae Asset Securities SG joins SGX as new trading member
The membership would enhance the company's Asia-centric investment strategies.
Sri Trang Gloves revenue crashes 35.6% to $180.7m YoY in Q1
It is due to the lower average selling price of gloves in the global market.
SG records 959 bankruptcy filings in Q123
The figure is higher than the application received in Q122.
UBS appoints new CFO following Credit Suisse’s takeover
Todd Tuckner will take on the CFO post at the close of the acquisition.
FLCT's Robert Wallace extends service until 1 August
Wallace resigned as CEO of FLCT’s manager in February.
OCBC hits record net profit, declares S$1.68 EPS for Q1
Net profit of S$1.88b is 39% higher than in Q1 2022.
6 in 10 Singaporeans fear that AI will replace their jobs
Despite the worry, most Singapore would delegate as much work to AI to lessen workloads.
SG retains lead in Asian outbound real estate investment
The Lion City’s investment reached US$28.284b.
Sasseur REIT EMA rental income dip 2.1% to $33.1m in Q1
But its DPU grew 1.5% to 1.849 cents.
Rental demand for HDB and private non-landed residential declines in Q2
PropertyGuru sees expatriates’ rental demand to be slower due to low expansion.
McDonald’s is Singapore’s top fast-food restaurant of choice: survey
The rankings show that American brands populate most of the list.
LTA calls for tenders to appoint operators for JRL and CRL
The tenderers will operate and maintain it for the first licencing period of nine years.
MAS proposes digital platform to help banks easily detect financial crime
It will detect customers who exhibit multiple “red flags” linked to financial crime.
No definitive sale on SembWaste: Sembcorp Industries
SembWaste is the recycling and waste management wing of the firm.
Hospitality, retail, and office REITs benefit from reopening
However, there is a limited new supply for logistics, office and retail segments.
Chart of the Day: Top markets with high vacancy rates for Grade A office in Q1
There were two micro-markets that posted highest quarterly growth in vacancy.
Daily Markets Briefing: STI down 0.52%; GentingSG is most active stock
Genting Singapore and Wilmar International are at the top.
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