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Daily Markets Briefing: STI down 0.54%; Top stock is Thai Beverage
Daily Markets Briefing: STI down 0.54%; Top stock is Thai Beverage
Thai Beverage is the top stock with a 3.41% increase.
Frasers Property Industrial CEO resigns
The board is now looking for a new CEO.
SMRT wins LTA’s $599.5m Serangoon-Eunos bus package
The five-year contract will commence on 13 June 2027.
UOB sees strong electronics export momentum into Q3 2026
AI demand continued to support electronics NODX as adoption expanded.
Mapletree completes largest China logistics hub
It features three five-storey buildings and a five-storey central kitchen.
SP unveils HCC platform for job redesign and AI adoption
Key areas include leadership development and fair work practices.
Geo Energy begins MBJ coal loading with $4.2m cargo
The group is targeting coal sales of about 8 million tonnes in H2.
SDAI taps chairperson for $200,000 interest-free loan
Loan will fund working capital and current liabilities, with shares conversion possible.
HDB leasing climbs 4.8% in June but remains below five-year norm
Public housing rents rose 0.6% monthly, whilst 2,725 flats changed tenants during the month.
Court rejects Hin Leong’s $3.4b trading-loss claim against Deloitte
Two other heads of loss remain in the oil trader’s suit.
Condo leasing jumps 19% as rent growth stays modest
Nearly 7,000 homes were rented in June, with prices up just 2.4% from a year earlier.
Savills lifts 2026 forecast as H1 property sales top $35b
Major commercial transactions drive a potential record year for real estate investment.
Key export growth eases to 20.7% in June despite electronics surge
Non-electronic NODX fell 2.9%, reversing a 17.7% expansion in May.
Marketers face rising data liability as Singapore eyes AI rules
Proposed guidance would require AI-specific notices whilst keeping brands accountable for customer data handled by vendors.
RTS Link could shift $290m more spending out of S’pore: study
SBF sees $1.05b in new spending by Singaporeans in Johor Bahru.
EnterpriseSG, UOB launch AI programme for 200 F&B businesses
Six in 10 local operators use mostly standalone digital systems, a survey found.
Frasers-led consortium tops Bayshore Drive tender with $2.1b bid
The offer is 5.8% above the next-highest submission.
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