Singapore
Best World raises exit offer price to $2.56 from $2.50
The company declared its latest offer final.
Condo resale prices rise 1.5% MoM and 5.1% YoY in April
Across submarkets, OCR posted the highest year-on-year price increase.
Sanli Environmental's profit hit by rising expenses, falls 32.8% YoY
With net profit contraction, the company proposed a lower EPS of $0.0109.
Japan Foods Holdings suffers $0.5m net loss in FY24
The company attributed the net loss to higher expenses.
Manufacturing output drops 1.6% YoY in April
Excluding the biomedical manufacturing segment, output would’ve increased by 1.7% YoY.
SG completes ship-to-ship bunkering of nearly 1,340 MT of blended methanol
Another simultaneous methanol bunkering and cargo operation for a container vessel is scheduled for the following week.
MAS bans three ex-insurance agents for providing false information
The prohibition orders took effect 24 May.
Prime Tanjong Pagar shophouse hits market with $10m guide price
PropNex is selling the property via an EOI exercise.
Singapore’s updated Cybersecurity Act ensures heightened security in the digital age
The bill amending Cybersecurity Act was passed on 7 May.
NTU and GAIP launch AI-focused insurance competition
The competition offers a total prize pool of S$20,000.
Ascott and Warees team up for 90-unit co-living lyf Chinatown Singapore
The property will open in mid-2026.
MAS crackdown exposes dishonesty amongst ex-agents
These agents were representatives of Prudential and Manulife.
Seatrium secures $11b FPSO contracts from Petrobras
Expected completion is in 2029.
Singlife launches new digital wealth booster
The plan offers a guaranteed annual yield of 3.25%.
SMEs prefer standard office spaces over co-working options
Only three in 10 SMEs opt for co-working spaces.
SME employees demand more wellness facilities in workspaces
One-third of SME employees said their workplaces lack wellness amenities.
Daily Markets Briefing: STI down 0.18%; Top stock is YZJ Shipbldg SGD
YZJ Shipbldg SGD is the top stock with a 2.70% increase.
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