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Daily Markets Briefing: STI up 0.15%; Top stock is Yangzijiang Shipbuilding
Daily Markets Briefing: STI up 0.15%; Top stock is Yangzijiang Shipbuilding
Yangzijiang Shipbuilding is the top stock with a 2.47% increase.
Monday Wrap: Surplus strain, delivery challenges, and expansion headwinds
Firms are prioritising growth, though talent retention remains a major obstacle.
Travel market seen at $6.9b by 2034
IMARC projects 4.28% annual growth from 2026 to 2034.
Domestic wholesale sales dip 1.1% as furniture and construction trades slump
Foreign and domestic wholesale sales show quarter-on-quarter growth.
Insurance market to soar $146.62b by 2030 on rising consumer awareness, strong economy
It is projected to post a 9.7% CAGR from 2024 to 2030.
iX Biopharma gets SGX nod to list 75.8 million shares in $6m placement
The company entered a placement agreement with OCBC.
Livingstone Health unit to acquire Wellington Pte. Ltd. for $1.33m
The acquisition involves $679k upfront and profit-based earn-outs.
Singapore Index Fund grows by 19% as assets reach $59m in H2 2025
Financial stocks accounted for 54.4% of the portfolio.
LTA awards $735m in contracts for Downtown Line 2 extension
Woh Hup and Samwoh-CCCC JV win deals for new bridges and interchange stations
Condo rental volumes jump 6.3% YoY to 6,708 in January
Month on month, it climbed by 11.7%.
HDB rents ease 0.3% in January as more flats reach MOP
Monthly HDB rents fell across most segments, led by 1.8% drop in Executive flats.
Sea leverages Google AI in key units under new pact
AI-powered products will be developed for Garena, Shopee, and Monee.
Tai Sin Electric CEO boosts ownership with 63,800-share buy
CEO Lim Boon Hock Bernard's stake is now up to 18.23% after $0.515-per-share buy on 13 February.
G.H.Y Culture & Media poised to swing into profit in 2025 on TV production surge
Preliminary FY2025 shows turnaround on higher core revenue and improved film segment margins.
SIA Engineering's net profit rises to $41.9m in Q3 FY2025-26
Revenue grew by 8.7% despite start-up costs at two new subsidiaries.
Nera Telecommunications lands $2.4m cybersecurity deal with asset management group
Three-year deal secures 24/7 cyber defence and SOC support for high-stakes financial operations.
NUS tests structural 3D concrete printing for on-site construction
Project reports 50% manhour reduction in a Singapore trial and explores lower-carbon mixes.
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