News
Demand for higher specification industrial assets to back industrial market
Demand for higher specification industrial assets to back industrial market
Manufacturing, logistics, biomedical, and food sectors will drive demand.
Daily Markets Briefing: STI down 0.39%; Genting Singapore is most active stock
Genting Singapore is leading the index.
Singapore’s NETS boosts touchless payment options
Consumers can now use their Mastercard and Visa debit cards to make NETS contactless payments locally.
Singapore’s AUM grew by $470b mostly due to institutional investors: MAS
The growth makes up around 20% of the increase in total AUM from 2017 to 2021.
SIA reveals partial redemption of 50% of zero coupon MCBs
The aggregate amount of the right mandatory convertible bonds (MCBs) is at $3.09b.
Centurion's group revenue climbs 5% YoY to $47.1m in Q1
By geographical area, the company recorded its highest revenue in Singapore.
The Reserve Residence to open for preview on May 12
It comprises 732 residential units.
Prime US REIT’s NPI drops 7.2% YoY to US$23.6m in Q1
Given the drop, the REIT also posted a lower distributable income of US$14.9m.
CLI sees improved revenue in Q1
Its real estate investment business saw an 11% YoY increase.
MUST’s portfolio occupancy falls to 86.1% in Q1
The REIT attributed the decline to Carter’s downsizing at Phipps.
Authorized and recognized unit trusts post net inflows of $897.58m in Q1
For now, Morningstar sees global slowdown impact has yet to come to fruition.
Daily Markets Briefing: STI down 0.02%, Sembcorp Industries is leading
Sembcorp Industries and HongkongLand are the most active stocks.
China reopening gains remain limited to Singapore and other ASEAN-4 markets
The only upside to China's reopening is the potential increase in outbound tourism.
Chart of the Day: Prices of property sale listings grew 0.7% in Q1
It rebounded close to the data from the third quarter (Q3) of 2022.
Singaporean proptech Ohmyhome debuts on NASDAQ
CEO Rhonda Wong discusses plans for expansion and growth in Southeast Asia after the IPO.
About 9 in 10 CISOs say resigned employees contribute to data breaches
Over half of security leaders reported loss of sensitive data in the past 12 months.
Commentary
Failed talks, rising costs: Why Singapore still feels the shock of Middle East tensions
How Singapore consumer brands can build strong supply chains amidst rising input costs
Singapore’s AI ambitions will rise or fall on infrastructure
Why a clear digital roadmap is essential for business success
Singapore’s port model is under pressure as shipping disruptions reshape trade
The trust tax: Navigating the ‘sophistication shift’ in Singapore’s digital economy
Conflict, costs, and construction: Where can margins still be saved?
Singapore’s SMEs are embracing AI, cybersecurity must keep up.