News
Daily Markets Briefing: STI up 0.21%; Top stock is Genting Sing
Daily Markets Briefing: STI up 0.21%; Top stock is Genting Sing
Genting Sing is the top stock with a 1.97% increase.
Japan emerges as the top year-end holiday destination for young Singapore travellers
Travellers also favored regional destinations like Australia, Malaysia, China, and South Korea.
Singapore real estate investment sales up 25.4% YoY in Q3
The growth was driven by the $1.85b ION Orchard sale and $1.6b industrial acquisition.
Equinix to launch its sixth data facility in Singapore
It is set to open in Q1 2027.
UOB raises Singapore’s 2024 growth forecast to 3.5% on trade strength
However, its 2025 forecast was downgraded to 2.5% amidst external risks.
Lum Chang to list interior fit-out business separately on SGX Catalist
The proposed spin-off listing is currently in its preliminary stage.
How business leaders are getting strategic about cybersecurity
2 in 3 expect cybersecurity spending to become integrated with digital initiatives.
22 Ubi Road 4 industrial site up for tender
The site features a four-storey car showroom and workshop.
CLI names new CEO and CIO for Australia division
Angelo Scasserra will be CEO of CLI and Rahul Bharara will be CIO.
Healthcare collaborations to enhance diabetes mgmt in Singapore
The country is facing a growing burden of diabetes due to an ageing population and obesity.
MTI raises Singapore’s 2024 economic growth forecast to around 3.5%
Its initial forecast was 1.0% to 3.0%.
MTI appoints Jermaine Loy as new managing director of EDB
He will take over starting 1 March 2025.
BRC Asia’s net profit hits record $93.5m in FY2024
Net profit was up 23% YoY.
SG narrows 2024 NODX growth forecast to 1.0% on weak H2 recovery
For 2025, Enterprise Singapore projects NODX growth of 1.0% to 3.0%.
Mooreast appoints Eirik Ellingsen as CEO
He will replace Mooreast Founder, Sim Koon Lam.
Non-oil domestic exports rebound, rising 9.2% YoY in Q3
In Q2, NODX fell 6.5% YoY.
S’pore’s NTU develops AI model for affordable farmer insurance
It could improve policyholders’ wealth by nearly 5% whilst being 37% cheaper.
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