News
Top Glove struggles to make profit due to oversupply and destocking
Top Glove struggles to make profit due to oversupply and destocking
The Malaysian glove manufacturer sees the headwinds to persist in 2023.
No plans to sell spirits business: ThaiBev
The food and beverage firm said Spirits Product Group is still its core business.
Non-oil domestic exports fall 15.6% YoY in February
Decreases in both electronics and non-electronics exports drove the decline in NODX.
Analyst remains neutral on S-Reits amidst global financial situation
There may be tighter financial conditions in the US due to interbank rates.
Daily Markets Briefing: STI down 0.58%; Mapletree Industrial Trust is top gainer
Mapletree Industrial Trust is the most active stock.
Singaporeans' trust in businesses slightly declines
Trust levels fell by 2 points.
Savills tapped as consultant project manager for Geylang Serai Cultural Belt
The construction will begin in the second quarter (Q2) of 2023.
Tech startup Gaspack raises pre-seed funding
This could help digital creators for a more inclusive NFT environment.
Temasek, GIC help payment startup Stripe to raise $8.7b funding round
The Series I funding round will support liquidity of its employees.
New residential sales volume down 68.4% in Q4 2022: report
Savills said this is the lowest recorded sales volume in 14 years.
Over 6% of IT decision makers in businesses refuse to build security culture: report
Majority do not know what it means.
Higher BSD rates did not deter luxury homebuyers: analysts
The increase is unlikely to hit foreigners and luxury homebuyers.
Retrenchments double in Q422
There were almost 3,000 people retrenched in the last quarter of 2022.
PC sales drop 11% in 2022
IDC expects the market to fall further in 2023 by 17%.
Wing Tai Holdings acquires Holland Tower for $76.3m
The property has a site area of 2032.6 sqm.
Alpina Holdings to take over Wan Dormitory for $24m
The company will use the property for its use.
CICT issues HK$755m fixed rate notes
The notes are due in 2033 with a fixed rate of 4.85%.
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Commentary
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