News
Singapore reports 11% of APAC bot attacks
Singapore reports 11% of APAC bot attacks
Malicious bots now drive 45% of Singapore’s internet traffic.
Industrial sector holds firm with 1.1m sqm supply on the way: Colliers
The JTC All Industrial rental index rose for the 18th consecutive quarter, increasing 0.5% QoQ in Q1 2025.
Nomura lifts 2025 unemployment forecast to 2.4% on slowdown
The bank now expects unemployment to average 2.4% in 2025 (up from 2.0%) and 2.9% in 2026 (up from 2.2%).
Bots surpass humans in Singapore internet traffic in 2024: report
Bots were responsible for 50.4% of internet traffic in Singapore last year, whilst the global average stood at 51%.
F&B sector sees 2.8% decline in March with soft demand
Total F&B sales fell 2.8% compared to the same month last year, following a 5.7% decline in February.
Retail sales rise 1.1% YoY in March with broad segment gains
Excluding motor vehicles, retail sales were up 0.7% compared to the 6.5% contraction the previous month.
Investor appetite for gold remains strong in Q1
In contrast, jewellery consumption saw a 20% YoY decrease to 1.7t.
UOL, Hilton to open Asia Pacific’s first NoMad Hotel in Singapore
The hotel is expected to be operational in early 2027.
PMI slows in April to 49.6
The decline marks the first contraction after 19 months of expansion.
Climate Bridge International launches in Singapore with EDB grant
The company aims to accelerate the design and financing of carbon projects aligned with Article 6 of the Paris Agreement.
CICT divests CapitaSpring’s serviced residence
The company is divesting its 45% stake for $126m.
Luminor Financial Holding’s executive director to assist in Malaysian investigations
CCID is investigating a case on Ratus Nautika Sdn Bhd (RN).
Institutions flee banks with $701m in April outflows
The Straits Times Index (STI) declined 3.5% during the month, with dividends easing the total return loss to 2.3%.
Trump’s trade reboot clouds APAC outlook, CRE holds for now: report
APAC entered 2025 with economic momentum: Q1 GDP growth came in at 3.9%, matching pre-Trump levels.
DBS sees STI trading sideways after April rebound stalls
The index is forecast to trade within a range, with support at 3,700 and 3,635, and resistance at 3,820 and 3,865.
Daily Markets Briefing: STI up 0.09%; Top stock is JMH USD
JMH USD is the top stock with a 3.91% increase.
Q&M Dental to acquire all remaining Aoxin Q&M shares at $0.0321 each
The offer will close on 28 May.
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SG60: What the next 10 years have in store for Singapore’s investment landscape