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Daily Markets Briefing: STI up 0.97%; Keppel DC Reit is top stock
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.
Shell, BP amongst Singapore’s most searched UK stocks—study
The study also revealed consumers’ strong interest in gas and oil companies.
CPF measures for seniors to benefit about 112,000 members
More than 80,000 of the members will receive payouts in their coming birth month.
Budget 2023: Bulk of revenue hike comes from higher GST collection
Tax collection will grow 1%.
Budget 2023: Which sectors will be the hardest hit by the 2023 budget measures?
Real estate sector will be mildly hit whilst global firms may expect problems from corporate tax.
Daily Markets Briefing: STI declines 1.18%; Yangzijiang is most active stock
Yangzijiang Shipbuilding and Keppel Corporation were the only top stocks.
Chart of the Day: Vacancy rate for office CBD buildings up 0.4% in Q4 22
Grade AA buildings posted the highest increase in vacancy rate.
Grab rolls out new feature for conversation-free rides
The feature is free of charge.
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