News
SGX-listed glovemaker’s net profit declines 93% YoY in FY 22
SGX-listed glovemaker’s net profit declines 93% YoY in FY 22
The total net profit was at $64.9m (THB1.652b).
SIA Engineering net profit dips to $12.8m in Q3FY2223
The figure is $20.4m lower year-on-year.
Six-storey commercial building in Bugis for sale
Its indicative price is from $90m to $92m.
Singapore is one of the top APAC countries hiring remote workers: report
The top job Singaporean organisations are hiring for is as a Virtual Assistant.
Retail units in Royal Square on sale: Savills
The sale will be closed on 24 March 2023.
Exports decline 25% in January
Electronics and non-electronics decreased.
Singapore unaffected by Budget 2023: RHB
This year’s forecast for the economy of the Lion City remains at 3%.
Daily Markets Briefing: STI up 0.97%; Keppel DC Reit is top stock
Two Reits are at the top of the index.
Chart of the Day: Prime logistics rents in Singapore increasing
Singapore is one of the 17 APAC cities that recorded increasing rents.
Budget 2023: Gov’t has ‘right tools’ to manage GST increase
ADDX said the government’s tax hike will not be deferred.
Singapore holds first economic dialogue with Japan
The two countries engaged in talks about enhancing their bilateral economic cooperation.
SIA Group sees a 2.7% MoM decrease in passengers in January
On a year-on-year comparison, however, the passenger count increased fourfold.
Final public consultation on green and transition taxonomy launched
The GTIF is seeking views on the “Do No Significant Harm (DNSH)” criteria, amongst others.
New home sales soar 130.3% MoM in January
A total of 391 units were sold during the month.
What could support new home sales in 2023?
CBRE expects 7,500 to 8,000 units to be sold for the entire year.
Over 40,000 food service workers to receive wage increases
The baseline wage for full-time workers will increase to $2,080 in 2025.
Singtel’s net profit falls 28% to $532m YoY in Q3
The company’s operating revenue likewise fell, declining 5.1% YoY.
Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform