Singapore

Daily Markets Briefing: STI up 0.46%; Top stock is ThaiBev

ThaiBev is the top stock despite a 2.04% decrease.

Daily Markets Briefing: STI up 0.46%; Top stock is ThaiBev

ThaiBev is the top stock despite a 2.04% decrease.

Economists uphold 2.4% full-year GDP growth for Singapore in Q2

Next year, they expect the economy to grow by 2.5%.

3 factors causing prolonged congestion at Singapore’s port 

Global congestion raised container prices in Singapore by 26% since October.

OCBC Ignite aims to double poly graduate intake

Only 3% of graduates join the financial sector full-time permanently.

Singapore’s big banks aim for 96% emissions cut by 2050

DBS, OCBC, and UOB have set S$200b loan portfolio emissions targets.

MAS and BIS launch blueprint for climate risk data platform

The platform integrates regulatory and climate data from corporate disclosure documents.

Survey shows Singapore’s wealth management industry is embracing the digital age

40% of respondents under 35 even tapped robo-advisory services.

UOB and EnterpriseSG launch sustainability-linked financing programme for SMEs

The programme will help SMEs reduce sustainability-linked costs by 85%.

CBRE lists Bedok North strata unit for sale at $24m

The property has a strata area of 16,178 sq ft.

Singapore’s H2 recovery hinges on external factors: UOB

GDP is estimated to grow by 2.9% in 2024 and 3.2% in 2025.

What to expect in HDB's Chencharu mixed-use development

HDB plans its first BTO launch in Chencharu in June.

ValueMax to raise up to $25m from latest issuance

It offers an annual interest rate of 4.95%.

Sabana REIT fast-tracks EGM for internalisation amendments

The EGM will clarify the internalisation process associated with the amendments.

Mandarin Oriental to sell retail units next to Paris Hotel for €148m

The prospective buyer is Lavender Propco SNC, an entity controlled by Blackstone Europe LLP.

S’pore rolls out enhanced system to better manage energy supply

EMS II features additional capabilities for improved grid resiliency.

Siltronic AG launches advanced wafer fab facility in Singapore

It was completed after more than 500 days of construction and approximately 23 million working hours.