Staff Reporter
Singapore retains its title as the world’s most expensive city
The city is particularly expensive for transport and clothing.
Daily Markets Briefing: STI down 0.38%; The top stock is DBS
DBS is the top stock despite a -0.063% dip.
Boustead Projects, partners to redevelop industrial property at 36 Tuas Road
The parties will redevelop the property into a multi-tenanted logistics hub.
IHH Healthcare’s net income doubles net income to $152.1m in 3Q23
The company attributed the higher net income to higher patient volumes and improved case mix.
Grab, Singtel-backed GXBank launches full operations in Malaysia
The digital bank intends to roll out its own debit card in the coming months.
Real income, employment rate for residents dip in 2023: MOM
Median workers saw their real income drop by 2.3% YoY this year.
Government to pilot long-stay serviced apartments
The minimum stay for the new type of serviced apartments will be three months.
MPA, IACS to collaborate on maritime digitalisation, decarbonisation initiatives
The parties will focus on four key areas.
No changes to STI constituents: FTSE Russell
The index was reviewed in December.
5 ways to fast-track sustainable transformation in manufacturing companies
In Singapore, only 37% of companies have implemented sustainability initiatives.
How will the new sale residential market perform in 2024?
There may be 38 launches next year.
5 in 10 employees confident in keeping jobs in Singapore post-overseas relocation
In the next five years, Singaporeans also believe they can work remotely from anywhere.
eCloudvalley and AWS form strategic collaboration to drive business growth, provide customer support
The companies aim to accelerate the delivery of cloud solutions to different businesses through their respective expertise.
Singapore net inflows hit $263.18m in 3Q23
Equity and fixed-income funds reported inflows during the quarter.
Singapore’s net interest margins to peak in 2024: S&P
NPL ratio will remain below 2% and NIMs may peak at up to 2.2%.
MOH enhances subsidy framework for medical implants
The ministry will implement the enhanced framework on 1 December.
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