Singapore
Daily Markets Briefing: STI up 0.99%; Top stock is ThaiBev
ThaiBev is the top stock with a 3.37% increase.
Daily Markets Briefing: STI up 0.99%; Top stock is ThaiBev
ThaiBev is the top stock with a 3.37% increase.
Singapore’s core inflation to stay above 3% for the rest of the year: Nomura
Core inflation rose 3.1% in May.
Hotel investments lag despite operational improvements
Interest rates continue to slow transaction activity.
GSS Energy names new board chairperson
Joanna Lei Chien has nearly four 40 years of experience in media and financial services.
Second Chance Properties requests a trading halt
It issued the request on 10 July, 7:37 am.
Olam extends deadline for Namoi Cotton acquisition offer
Olam offered up to $0.62 per share for at least 90% stake in Namoi Cotton.
Three HDB shophouses, Peninsula Plaza strata office for sale
A 999-year strata office at Peninsula Plaza is also up for sale at $5.15m.
CLI’s data centre AUM reaches US$4.5b
APAC colocation market is projected to double in size and become the world’s largest by 2026.
DDEx’s digital token trade value triples in 5M 2024
Active trading clients have also grown by 36% during the period.
Acrophyte buys 19% stake in ARA H-Trust
Acrophyte AM has acquired both ARA H-Trust’s REIT manager and trustee-manager.
IRAS, MAS revise tax treatment of insurance reserves
Previously, reserves were non-deductible as estimates of contingent liabilities.
Frasers Property bags $904.1m green-linked loan
Proceeds will be used to repay existing debts and for working capital.
Two-storey shophouse at 532 Balestier Road up for sale via EOI
The property has a guide price of $8m.
Full strata office floor in Suntec City Tower 1 up for sale
The property is priced at $42.8m.
Money laundering risks in Singapore climb 79% in 2023: Moody’s
Tighter scrutiny sought for CSPs.
Over 40% of Singaporeans pay FX fees when travelling abroad: report
Majority of travellers still use cash, only about half use credit cards.
Singapore has the most shortest-serving CEOs in the world: report
The city-state ranked 118th out of 122 countries.