News
Mutual verification of vax certs in Singapore, African Union begins 23 May
Mutual verification of vax certs in Singapore, African Union begins 23 May
Both markets put up a framework for digital recognition.
NetLink NBN Trust's full-year DPU rises 1.0% to $0.0513
The increase in DPU was driven by the group's higher revenue for FY22.
2 in 3 Singaporeans worried about losing job due to illness or disability
More than half do not have disability income protection.
Supply chain woes trigger 12.6% decline in Frencken’s Q1 net profit
The decline was also caused by higher selling and distribution.
Private residential market ends 'state of pause' in April
The market has already logged some 500 new home sales for May.
SIA’s carried group passengers up by 1,216% YoY in April
Loosened health rules for travellers boosted the carried passengers.
Utilities stocks remain defensive line with 3% average total return in 2022
The utilities sector recorded the least declines.
2 new GLS sites in Lentor area to sell for $1,050 to $1,100 psf ppr each
Property experts expect the sites to attract 3 to 10 bidders.
Exports growth to taper in Q2 due to China, Russia-Ukraine issues: OCBC
Global supply chain woes may not be resolved soon.
SG, 6 other countries join hands to support recovery of aviation sector
The countries will collaborate on eight initiatives
Market update: STI up 0.35%
ComfortDelGro was on top of the index.
The Straits Times Index closed at 3,202.34, up 0.35%, on 17 May 2022.
Iron, steel trade up by 58% to $6.7b: Second Minister Tan
The government seeks to retain Singapore as a trading hub for the ferrous sector.
SingPost's international post and parcel business to gradually recover
Easing of border restrictions helped with the recovery.
Exports growth slows to 6.4% in April
In March, exports rose by 7.7%.
1 in 3 Singapore organisations lost up to $1.348m from data breaches
More than half of the attacks were credential hijackings.
MNACT, MCT unveil '4R' post-merger strategy
The strategy includes changes in their divestment and acquisitions plans.
DBS to launch 5 partnerships to enhance SMEs’ digital supply chain capabilities
SMEs from Singapore, Hong Kong, China, Indonesia, and India will benefit.
Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform