News
GCB market stagnates with only 5 sales in 1Q24
GCB market stagnates with only 5 sales in 1Q24
The value of transacted GCBs also fell 10.6% QoQ.
Daily Markets Briefing: STI up 0.13%; Top stock is DBS
DBS is the top stock with a 1.862% increase.
Singapore’s outbound real estate investments in APAC dip in Q1: JLL
Cautious sentiment and pricing uncertainties dampen cross-border activity.
ST Eng’g bags $175m contracts with LTA to modernise bus system
The upgrades will cover 5,800 public buses and will be completed by 2027.
Glencore foresees trading earnings surge to $4.08b-$4.76b
The company expects trading gains from higher interest rates.
DBS achieves record-high Q1 profit of S$2.96b
Dividend is SGD 54 cents per share for the quarter.
Nearly all businesses use gen AI in operations, cybersecurity: report
Security leaders split if gen AI is a boon or bane to cybersecurity.
NeraTel's 1Q24 revenue tumbles 44.7% despite surge in order intake
Its gross profit also dropped 42.4% in 1Q24.
Owner listings up 3.0% QoQ in 1Q24
Year-on-year, listings were 47.8% higher.
Japfa's 1Q24 profit rebounds to $16.93m
A year ago, the company recorded a $58.55m loss.
Singapore trails U.S. in soft drink innovation
In 2023, Singapore introduced 88 new brands and sub-brands in the soft drinks space,
Luxury home sales drop to 46 in 1Q24
Excluding new sales, transactions would have been 17.6% QoQ higher.
CSE Global's 1Q24 orders reach $186.2m
The new orders for 1Q24 was 16.7% higher year-on-year.
Emirates resumes daily Phnom Penh service via Singapore
This reaffirms the airline's commitment to the Southeast Asian market.
JTC launches Penjuru Lane tender
It has a site area of 0.34 hectares.
Transport Minister Chee Hong Tat joins MAS Board of Directors
Chee will serve three years from 1 June to 31 May 2027.
NTUC voices concern over Ninja Van and Yahoo layoffs before May Day
The union emphasised the importance of timing layoffs.
Commentary
Singapore’s small exporters need credit that matches their payment cycle
The hidden realities of succession for next-gen heirs
In Asia, fintech leaders must compete on credibility
F1 on a gravel road: Why AI is still stuck in first gear
Why AI blocklists give Singapore firms a false sense of security
When scale arrives before proof: Singapore’s capital allocation question in Southeast Asia
Rethinking fleet ownership in a changing business landscape
Beyond the chips: The materials behind Singapore’s AI infrastructure
How homegrown brands are redefining premium in Asia
AI in hospitality: Where should Singapore’s F&B operators draw the line?