News
Daily Markets Briefing: STI up 0.05%; Emperador Inc. is most active stock
Daily Markets Briefing: STI up 0.05%; Emperador Inc. is most active stock
Philippine-based beverage firm led the index.
Full-year outlook for retail improves due to China reopening
The revival will boost the travel and tourism sector in Singapore.
Retail sales growth expands to 7.4% YoY in December
In November, retail sales grew 6.5% YoY.
Singtel appoints Allen & Gledhill partner as a non-executive director
Tan Tze Gay also serves as the law firm's head of Equity Capital Markets.
F&B sales growth moderates to 13.9% in December
In November, F&B sales grew 25.0% YoY.
Unemployment rate to marginally increase to 2.4% in H123
RHB said the uneven recovery of the economy will likely impact labour demand.
Singapore emerges as top APAC market in global data centre report
Globally, Singapore was third place in the data centre segment.
Luxury market sales dip as US Fed's tightening policy takes effect
Over 73 non-landed luxury homes sold in Q4 2022.
Amidst merger, Sembmarine says net debt to equity ratio improved
Its net debt to equity ratio enhanced to 0.26 times from 0.53 times.
Daily Markets Briefing: STI up 0.49%; industrial assets led the index
Frasers Logistics & Trust posted 4.62%, making it the most active stock.
Growth in retail assets seen for Singapore as sales performance improve
Sales growth is expected for 70% of retailers due to China reopening.
SEA’s largest Energy Storage System opens in Singapore
It has a maximum storage capacity of 285MWh.
GSS Energy, MECOM partner for EV business dev’t in Southeast Asia
They will focus on Singapore, Thailand, Indonesia, and Malaysia.
Digital Core REIT NPI reaches $91m in FY22
Its portfolio occupancy is at 96% as of January 2023.
Minister Rajah to clarify stern warning for Keppel O&M on next Parliament meeting
Assertions made were due to “inadequate understanding of facts,” the second minister said.
Grab Singapore appoints MP Pei Ling Tin
She will serve as the Director of Public Affairs & Policy.
Keppel Corporation’s net profit down 9% to $927m in FY22
The decline in urban development earnings caused net profit decrease.
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