Staff Reporter
Daily Markets Briefing: STI down 0.11%; Top stock is Thai Beverage
Daily Markets Briefing: STI down 0.11%; Top stock is Thai Beverage
Thai Beverage is the top stock with a 2.25% increase.
Singapore’s core inflation eases to 0.6% in May
It was mainly due to lower food inflation.
Fu Yu taps ACA to vet new independent directors
ACA found nothing to suggest the proposed new directors are unsuitable for appointment.
C.K. Toh Construction wins tender for Jalan Papan site
The property occupies a site area of 7,199 square feet.
SunMoon Food CEO acquires 401,000 more company shares
Zhang Ye’s stake in the company now stands at 0.71%.
Elite UK REIT completes acquisition of three UK government-leased properties
The purchase was made via Elite Dram.
OCBC boosts Johor-Singapore SEZ with $3.3b in financing
The group expects to provide at least another $904m (RM3b) by the end of 2025.
Singtel launches global IoT connectivity solution with floLIVE and Lenovo Connect
The new solution connects devices in over 190 countries.
Cordlife launches townhalls for customers affected by storage tank incident
About 56% of affected customers have already accepted the offer.
Singapore releases draft guidance on voluntary carbon credit use
The public is invited to submit feedback by 20 July.
Capitaland to build Singapore Science Park's first residential development
The property comprises 343 units across two 24-storey towers.
COTD: Singaporean workforce job satisfaction declines
Millennials reported the largest drop in job satisfaction.
GDP may fall 3% as trade exposure grows: KPMG
The report projects that Singapore’s GDP growth may decline by as much as 3%.
SGX gains BUY rating as Maybank lifts target price to $16.09
SGX’s average daily trading value (ADV) in 2025 year-to-date is up 20% compared to 2024.
CosmoSteel receives cash offer from 3HA Capital via Evolve
The offer is set to close at 5:30 p.m. on 3 July 2025, unless an extension is announced.
Mooreast extends purchase deadline for 60 Shipyard Crescent
The revised Long Stop Date under the Option to Purchase has been pushed to 31 December 2025 from 18 June 2025.
SECB and JETRO partner to boost MICE ties and trade links
SECB and JETRO will work together to enhance international outreach for MICE events hosted in Singapore.
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