News

Manufacturing output grows 1.1% YoY in January 2024

The transport engineering sector recorded the highest output growth of 43.5% YoY.

Manufacturing output grows 1.1% YoY in January 2024

The transport engineering sector recorded the highest output growth of 43.5% YoY.

Buyer hesitancy drag condo resale volumes down 

In January, resale volume slipped 0.6% MoM. 

DBS, Sheng Siong to build sustainable business ecosystem with 1,000 SMEs

DBS will offer upskilling courses and sustainable financing solutions.

Singapore Fintech Association launches ‘Project Tapir’ with Malaysian VCs

The partnership aims to foster cross-border collaboration between Singapore fintechs and Malaysia.

Serene Centre sold for $105m

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

Palm oil woes, lower sugar prices weigh on Wilmar Int’l in 2024: analysts

Share price will get a boost should Wilmar be definitively cleared from the China palm oil fraud.

Higher costs weigh on SIA, but record earnings still expected: analyst

UOB Kay Hian has cut earnings forecasts by 3.6% for 2024.

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.