News
Daily Markets Briefing: STI up 0.68%; Genting Singapore is top gainer
Daily Markets Briefing: STI up 0.68%; Genting Singapore is top gainer
Genting Singapore posted 4.46% gains on the index.
CEOs in Singapore turn to deals for competitive advantage: report
This includes mergers and acquisitions, divestments, and joint ventures amongst others.
Chart of the Day: 63% SMEs are expecting their earnings to rise
More than half of businesses are reporting positive cash flow.
SG, China conclude talks on enhanced free trade agreement
The enhancements will create a conducive environment for businesses.
HDB resale market sees slowest quarterly growth since 2020
It grew by 0.9% in the first quarter of the year.
More than 900,000 HDB households to get GSTV U-save vouchers, S&CC rebates
The payout will start in April 2023.
CapitaLand Investment to buy six multifamily assets in Japan
The transaction was valued at S$141.4m.
Sembmarine files notice of three consecutive years of losses
The company’s latest 6-month average daily market capitalisation stood at S$4.77b.
Further money policy tightening may be unlikely due to banking sector turmoil
The central bank’s tightening is still unchanged amidst economic risks.
Chart of the Day: Gen Zs optimistic but cautious about crypto
More than two in 10 said they want to take a wait-and-see approach.
Singapore hotels average room rate surges 48% in February
The occupancy rate was undaunted, increasing by 13.26 percentage points from January.
Singapore and Malaysia launch cross-border QR code payment links age
Person-to-person fund transfers are targeted to finish by year-end.
STB taps FLCT to increase tourist visits
Both companies will promote Singapore in key travel markets.
Goh Wei Boon to helm GovTech
He was formerly the head of CSIT.
Mirae Asset Securities is SGX’s new DLC issuer
It is listing 10 new DLCs, with the first set of DLCs to be offered in US dollars.
IMDA partners with industry players for live cross-border trade
The first shipment was from Singapore to Thailand during the first quarter of 2023.
CEO of United Hampshire REIT Management steps down
Robert Schmitt will end his stint as CEO on 1 May.
Commentary
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