News
Skipping the Festive Frenzy: 3 in 10 Singaporeans forego seasonal shopping
Skipping the Festive Frenzy: 3 in 10 Singaporeans forego seasonal shopping
Of those who shop for the holidays, 28% do so 3-4 weeks early.
Signs of a broader recovery in manufacturing could emerge in mid-2024: expert
An expert said manufacturing activity has likely bottomed following the 7.4% YoY jump in output in October.
Daily Markets Briefing: STI declines 0.66%; The top stock is DBS
DBS is the top stock despite a 0.347% dip.
FairPrice to offer discount offsetting GST raise
The discount will be implemented on national brands and house-brand groceries.
Condo resale prices increase by 7.5% YoY in October
Across submarkets, OCR posted the highest year-on-year price increase.
Condo resale volume jumps 14.7% MoM in October
Over 800 units got resold during the month.
Soilbuild Group bags Tampines North Drive 4 site tender for $85.8m
Tender for the industrial site closed on 24 October.
MSIG S’pore launches anti-scam fix
The initiative is set to commence integration next month.
DBS provides S$180m green loan to refinance Melbourne office tower
The 17-level building in Collins Street is wholly owned by public sector pension fund KWAP.
6 in 10 Singaporean firms with overseas operations forgo hiring locally
Firms cite three challenges in hiring local talents.
Finance executives unveil 3 business growth generators in the industry
Firms are embracing emerging banking models but showing reluctance towards AI adoption.
LHN Limited’s net profit drops 16.6% YoY to $38.2m in FY23
Despite lower profit, the company proposed a 71.4% YoY higher dividend per share.
Singapore’s FIs ready for asset quality risks: MAS
Financial institutions are in strong capital and liquidity positions and have healthy profits.
Netlink NBN Trust revises wholesale prices for 2 segments
The revised prices will take effect from 1 April 2024.
ARA US Hospitality Trust divests Hyatt Place Pittsburgh Airport for US$7.7m
The REIT expects to complete the divestment in 1Q24.
Business receipts of service industries rise 3.2% YoY in 3Q23
Recreation & Personal Services had the highest growth in revenue amongst industries.
Two adjoining Gentle Road properties sell for $30.9m
Pinnacle Projects won the tender for the properties.
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