Singapore

Serene Centre sold for $105m

The property is a four-storey freehold commercial/residential development.

Serene Centre sold for $105m

The property is a four-storey freehold commercial/residential development.

E-angpaos sent in CNY tripled in 2024: OCBC

The $100 amount is the most popular e-angpao amount this year.

Condo resale volume slips 0.6% MoM in January

Over 700 units got resold during the month.

Condo resale prices increase by 7.2% YoY in January

Across submarkets, OCR posted the highest year-on-year price increase.

Seatrium widens net loss in FY23 to $1.9b

The company attributed its losses to non-cash write-downs, amongst others.

Sri Trang Gloves widens loss by 10.1% YoY to ฿42.3m in 4Q23

The company recorded a loss despite posting an 11.5% YoY jump in sales revenue.

Cromwell EREIT posts 8.7% YoY lower income of €88.3m in FY23

The REIT also declared an 8.7% YoY lower DPU of €0.15693.

Raffles Medical Group’s PATMI drops 37.1% YoY to $90.2m in FY23

The company attributed the decline to the discontinuance of its COVID-related activities.

Inflation eases to 2.9% YoY in January

In December 2023, headline inflation rose 3.7% YoY.

How much do advertisers spend on digital ads?

Digital spending makes up 59.7% of total ad spend in Singapore.

New bill likely to prolong fundraising, leadership change for firms critical to national security

Legal experts believe cybersecurity and AI entities are likely to be affected by the measure.

Daily Markets Briefing: STI down 1.24%; Top stock is DBS

DBS is the top stock despite a 0.353% decrease.

92% of SMU fresh graduates hired, but salary remains steady: survey

Top three programs based on hirings were finance, IT, law and accounting.

Businesses ramp up cybersecurity spending amid cyber threat woes: report

Majority expressed intention to invest in cybersecurity.

GoodGang Labs forges human-AI persona in avatar-based social platform

The startup plans to expand globally in 2025 after kick starting its platform in Korea and Japan.