Staff Reporter
Daily Markets Briefing: STI down 0.13%; Top stock is HongkongLand USD
Daily Markets Briefing: STI down 0.13%; Top stock is HongkongLand USD
HongkongLand USD is the top stock with a 4.07% increase.
Overall business sentiment climbs to 80% in 2024: report
Medium enterprises were the most positive about their business sentiment.
Maersk, Castlery ink freight and integrated logistics deal
The deal involves providing ocean freight, intermodal transportation, and distribution.
NTUC launches new company mentorship pilot programme
The programme will connect unionized companies with approximately 1,200 mentors.
Half of businesses seek aid amidst inflation and digital push
Budget initiatives are seen vital in managing costs and boosting productivity.
Daiwa House Industry’s 2024 net profit rises 9.5%
Net profit for the period reached $2.08m (¥237b).
Over 4 in 5 businesses seek government support
The majority of those in the health sector have applied or are interested.
Civmec net profit down almost 17% YoY in H1 2025
Administrative expenses increased by 18.3% during the period.
ThaiBev posts 2.4% YoY revenue rise in Q1 2025
Revenue for the period reached $3.68m.
PC Partner projects significant profit growth in 2024
This is due to the strong demand for the new series of video graphics cards.
Singapore weighs tax incentives to boost equities market
Further measures are expected in the second half of the year.
Kingsmen Creatives, Black Spade to develop APAC attractions
The developments will initially focus on Macau, the Philippines, Vietnam, and Thailand.
Singapore economy up 4.4% in 2024
It was driven by the wholesale trade and finance & insurance sectors.
Singapore NODX up 2% in 2024
Non-electronic exports fell.
FSL Trust Management to sell product tanker
It will be sold to an unaffiliated third party who lodged a 10% deposit in escrow.
Customer-centricity in digital transformation is foundational to success – Deloitte’s Cheong Chew Wai
He emphasised innovation, agility, customer-centricity, and security as key drivers of digital transformation and business success.
GuocoLand unit bags River Valley Green land at bid price $627.8m
It will be developed as a high-end waterfront development.
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