Singapore
Manufacturing output up 1.8% YoY in July
Excluding the biomedical manufacturing segment, output would’ve increased by 3.4% YoY.
Manufacturing output up 1.8% YoY in July
Excluding the biomedical manufacturing segment, output would’ve increased by 3.4% YoY.
MegaChem receives $4.4m insurance payout for July warehouse fire
In total, they have received $12.3m in insurance payouts.
Headline inflation unchanged as transport costs offset easing in accommodation
Private transport inflation rose to 0.9% YoY.
Daily Markets Briefing: STI up 0.24%; Top stock is HongkongLand USD
HongkongLand USD is the top stock with a 4.51% increase.
Over half of S’pore companies not reporting Scope 3 emissions
This is expected to improve as exchanges make reporting mandatory.
CLCT manager names Gerry Chan as deputy CEO
This is effective 1 September.
Oxley Holdings expects net loss in FY 2024
Blame it on lower sales from property developments.
Joo Chiat and Little India boutique hotels up for sale
Expression of interest will close on 7 October.
SIT opens new Punggol campus for academic year 2024
Students from two clusters are the first to experience the new campus.
Singaporeans face longer wait for financial freedom
Nearly half believe they will never be financially free.
F&B profits “erode” as customer pool stagnates
The number of new F&B establishments was unmatched by the growth of tourists and locals.
Singapore M&A deal activity drops 23.7%
Deal activity in Asia Pacific declined 9.9% overall.
Daily Markets Briefing: STI up 0.44%; Top stock is SATS
SATS is the top stock with a 2.00% increase.
Almost half of S'poreans want to work overseas, USA amongst top choice
They are focusing on USA, Canada, the UK, and Australia.
CPFIS funds record 9.69% average returns in Q2 2024
Investment-linked insurance policies (ILPs) recorded average returns of 9.68%.
Marco Polo Marine’s gross profit up 2.6% to $14.6m in Q3
This was despite a 4.6% decline in revenue.
Pasture Holdings’ earnings rebound in FY 2024
The company has rebounded from a net loss of US$1.3m to a net profit of US$0.6m.
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