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Daily Markets Briefing: STI up 0.05%; Top stock is UOB
UOB is the top stock despite a 2.531% decrease.
Daily Markets Briefing: STI up 0.05%; Top stock is UOB
UOB is the top stock despite a 2.531% decrease.
Budget 2024 propels Singapore's investment-focused growth
Budget 2024 saw an “investment tilt” towards promoting green, human, and infrastructure investments.
SIAEC, Thales partner to explore business opportunities in Asia-Pacific
The companies will look into collaborating in areas such as component maintenance, repair, and overhaul.
Tech jobs no longer lead Best Jobs list in Singapore
The rankings consider salary, employer demand, and consistent growth in job postings.
Aerodyne Group, DroneDash Technologies partner for cross-border drone delivery
Initial focus will be on delivery routes to Johor Bahru and Iskandar Malaysia.
iFAST Corp reports 340% YoY net profit surge in 2023
Growth was driven by its ePension division and overall core business improvements.
Singapore to invest $100m in 10G broadband network
The Nationwide Broadband Network upgrade starts in mid-2024.
High-floor Grade A strata office floor up for sale
The expression of interest ends on 28 March at 3 pm.
SG-based bean-free coffee supplier Prefer raises US$2m in seed funding round
500 Global and SEEDS Capitals were amongst the startup’s investors.
Delivery Hero ends negotiations for foodpanda business sale in SEA
The company said they remain open to future M&A.
SIAEC, Air India Group ink inventory technical management agreement
The 12-year deal offers Air India extensive Airbus A320 fleet support.
HDB launches over 5000 flats under Feb 2024 BTO and SBF exercises
Over 80% of BTO flats launching will have a waiting time of under 3.5 years.
OUE Healthcare expects higher profit for 2H23 and FY23
The company attributed the expected increase to net fair value gains.
Wilmar International’s net profit dwindles to US$1.5b in FY23
The FY23 net profit was 36.5% lower than the FY22 record.
1.44 million travellers visited Singapore in January
The average length of stay dropped to just 3.45 days, from 4.32 days a year ago.
Prime US REIT’s distributable income slips 2.1% YoY to US$28.6m in 2H23
The REIT attributed the decline to higher finance costs.
Net property income of ARA H-Trust rises 15.1% YoY to US$47.7m in FY23
The REIT attributed the increase to improved revenues and robust operational performance.
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