News
Manufacturing output drops 2.7% YoY in January
Manufacturing output drops 2.7% YoY in January
Excluding biomedical manufacturing, output would have fallen by 6.3% YoY.
Central bank may further tighten monetary policy in April: analysts
This is expected if core inflation does not moderate.
Chart of the Day: Majority has reservations when chatting with ChatGPT
Non-consensual data collection and misinformation are some of their worries.
Daily Markets Briefing: STI climbs by 0.53%; Keppel is most active stock
Keppel was the top stock with a 2.41% increase.
Cathay Pacific giving away 12,500 round-trip tickets to Hong Kong for Singapore residents
Launching 2 March, the prize will be awarded to the first 12,500 entrants who answer three questions correctly
ST Engineering group revenue surges 17.4% in FY2022
The group’s EBIT grew 9.1% despite reduction in government support.
Industrial property leasing volumes fall for first time in 11 years
Leasing of single- and multiple-use factory spaces slowed in Q4 2022.
Broker: Sembcorp Industries has ‘buy’ rating over manageable debt levels
Sembcorp Industries will also see a growth of mergers and acquisitions activity in 2023.
SingPost’s global segment to benefit from lower air costs: analyst
This could be a silver lining as the firm faces headwinds.
ST Engineering chairman takes a bow
Kwa Chong Seng will leave his post on 21 April.
MAS mandates due diligence and conduct requirements for CF advisers
The central bank said the requirements will allow investors to make informed decisions.
Inflation picks up to 6.6% in January
It came in higher due to the increase in services inflation, amongst others.
OCBC reports record net profit of S$5.75b in 2022
Full-year dividend is at 68 cents per share, 28% higher than in 2021.
Chart of the Day: 1 in 2 Singaporeans plan to purchase tech for content creation
An expert said there’s an increasing number of content creators in Singapore.
Daily Markets Briefing: STI declines 1.06%; SATS is most active stock
SATS was the top stock with a 2.94% increase.
CapitaLand Investment launches opportunistic partners programme in China
A total of $1.1b equity has been committed to the programme.
Citibank Singapore names retail banking head
Matt Read’s appointment will take effect on 17 April.
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Commentary
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