News
Wilmar Q3’23 net profit dips, dragging YTD performance
Wilmar Q3’23 net profit dips, dragging YTD performance
It was partially offset by robust performance in our sugar milling and merchandising businesses.
Healthway Medical to delist from SGX
The company’s exit offer closed on 26 October.
Singapore bags 'Best Startup Business Environment in Asia' title
Globally, Singapore ranked 4th.
Retrenchments rise to 4,100 in 3Q
Despite the increase, unemployment rates remained low at 2.0%.
Industrial prices and rentals continue to rise amidst drop in occupancy
In 3Q23, prices rose 6.2% YoY, whilst rentals increased by 9.3% YoY.
MPACT's net property income rises 2.2% QoQ to $183.2m in 2QFY23/24
The REIT likewise reported gains in its gross revenue and DPU.
Net profit of Sheng Siong jumps 5.7% YoY to $34.8m in 3Q23
The higher profit pushed the company's earnings per share up by 5.9% YoY.
Retail recovery drives 1.2% YoY increase in CLCT's net property income in 9M23
In 9M23, the REIT recorded a net property income of RMB316.4m ($59.8m).
Daily Markets Briefing: STI declines 0.24%; Genting Singapore is most active stock
Genting Singapore closed trading at 2.34%.
Resale condo prices rise as sellers hold firm to asking prices
In September, prices rose 0.8% MoM despite a drop in transactions.
How many hours do Singapore consumers spend on shopping apps?
Globally, time spent on shopping apps on Android phones alone is projected to rise 42% in 2023 from 2020.
Manufacturing output grows 10.7% MoM in September
Excluding the biomedical manufacturing segment, output would’ve grown by 17.9% MoM.
High Street Centre up for sale via public tender for $748m
The tender closes on 25 January 2024.
Condo resale prices increase by 7.6% YoY in September
Across submarkets, RCR posted the highest year-on-year price increase.
Condo resale volumes drop 18.4% MoM in September
Over 700 units got resold during the month.
UOB’s net profit up 5% to S$1.5b in Q3
Net fee income growth helped drive profits.
LTA completes upgrade of North-South and East-West lines
As part of the upgrade, LTA replaced more than 1,100 track circuits.
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