News
Singapore to bridge Africa-Asia trade – Minister Yong
Singapore to bridge Africa-Asia trade – Minister Yong
Singapore has about 100 companies operating in 40 African countries.
SGX directs Rex International to appoint independent reviewer for Moroxite T acquisition
The bourse served a notice of compliance to Rex International.
Great Eastern and Intellect launch 24/7 mental health helpline for employees
This provides employees with personalised and immediate guidance.
Prudential names new CEO for Eastspring Investments
In the near future, a new CIO will be appointed.
Strata commercial units at New World Centre on sale for $55m
The 20 retail and office units are near the Jalan Besar MRT station.
Bilateral trade in goods between SG-Africa growing at 15% per annum
As of 2022, trade value between the two markets has reached $19.4b.
ThaiBev CEO takes the helm as exco chair of Frasers Property Limited
Thapana Sirivadhanabhakdi took on the role on 30 August.
Sembcorp unit, Becamex to build 4 new Vietnam Singapore Industrial Parks
One of the four VSIPs will be built in Lang Son, Vietnam.
Tommy Tan steps up as CEO of ComfortDelGro Taxi
He will succeed Jackson Chia.
Frasers Centrepoint Trust divests Changi City Point for $338m
The REIT will use the net proceeds from the divestment to repay loans.
GuocoLand’s profit drops 47% YoY to $207.1m in FY23
The company recorded a profit decline despite a 60% YoY jump in revenue.
Condo rental market highest in July with 7,000 sales posted
A total of 7,282 units were rented in July 2023 compared to June.
IHH net income down 51% YoY in Q2
The decline was driven by foreign exchange losses amidst Turkish Lira devaluation.
IHH SG boss appointed as Group CEO
Dr. Prem Kumar Nair was chosen due to his strong credentials.
Daily Markets Briefing: STI up 0.29%; DFI Retail Group is top stock
DFI Retail Group closed trading at 1.64% up.
Singapore, Vietnam boost bilateral cooperation
They signed deals to improve relations in the green and digital economy, and innovation.
Sembcorp, PTSC to study power importation from Vietnam to Singapore
The project will span 200,000 hectares of sea area.
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