News
FCT to acquire an additional 24.5% stake in NEX for $523.1m
FCT to acquire an additional 24.5% stake in NEX for $523.1m
The acquisition will raise FCT’s effective interest in NEX to 50%.
Changi Airport’s passenger traffic soars to 58.9 million in 2023
The 2023 record is 86% of the 2019 level.
Central bank to maintain status quo on monetary policy
Core CPI inflation rose to 3.3% YoY in December higher than expected 3%.
Dasin Retail Trust receives EGM requisition notice from unitholders
The notice proposed two resolutions for the matter.
OCBC expands money lock feature to time deposits
The feature has been used by 30,000 customers.
IMDA launches a $30m research fund on sustainable tech
The initiative will focus on research and collaboration with industry partners.
Gov’t establishes new sustainable finance body
The association will improve standards, solutions, and skills in the finance sector.
Salary hike to stay flat this 2024 for S’porean workers: Aon
40% of Southeast Asian companies are carefully optimistic about hiring.
Condo resale prices climbs for the 5th consecutive month in December
This is despite a dip of 10.4% in condo resale volume.
SGTech unveils GenAI guide for businesses
The guide is an initiative to respond to Singapore's National AI Strategy 2.0.
Daily Markets Briefing: STI up 0.52%; Top stock is DBS
DBS is the top stock with a 0.094% increase.
Rising FDI could benefit SMEs in 2024: experts
Stronger business growth seen for firms with presence abroad.
S-REITs face better year ahead amid rate cuts, improving economy
The next major S-REIT rally is seen happening in Q2.
FairPrice Group to extend store operating hours for Chinese New Year
Over 60 stores will operate for 24 hours on 8 February.
DBS targets all manned branches to be green mark platinum certified by end-2024
Currently, 33 of its 41 manned branches have already clinched the rating.
Sembcorp subsidiary to develop 450 MW hybrid power project in India
The power generated from the project will be sold to SECI.
Sabana Industrial REIT revenue hits record-high 17.9% increase in FY23
The company recorded a DPU of 2.76 cents in 2023.
Commentary
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Precious metal boom is a stress test for Singapore’s gold ambitions
Singapore’s global dispute fault lines
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