News
S-Reits posts 7.1% increase in returns in January: report
This is above STI’s 3.5% total returns.
Terra Hills sells 38% of units at launch
Units sold for an average price of more than $2,650 psf.
P-One (Tuas) Pte Ltd bags $2.6m tender for 25 Gul Drive site
The tender for the industrial site closed on 25 January.
No change in CPF interest rates for Q2 – HDB
Current interest rates will remain until 30 June.
Raffles Medical’s profit after tax soars 71.7% YoY to $143.7m in FY22
The company attributed the increase to the return of foreign patients.
Condo resale prices slip in January: report
This is the first time it declined in 28 months.
Wilmar CEO acquires additional 217,000 shares in the company
Kuok Khoon Hong acquired his additional stake at $3.93 per share.
Manufacturing output drops 2.7% YoY in January
Excluding biomedical manufacturing, output would have fallen by 6.3% YoY.
Central bank may further tighten monetary policy in April: analysts
This is expected if core inflation does not moderate.
Chart of the Day: Majority has reservations when chatting with ChatGPT
Non-consensual data collection and misinformation are some of their worries.
Daily Markets Briefing: STI climbs by 0.53%; Keppel is most active stock
Keppel was the top stock with a 2.41% increase.
Cathay Pacific giving away 12,500 round-trip tickets to Hong Kong for Singapore residents
Launching 2 March, the prize will be awarded to the first 12,500 entrants who answer three questions correctly
ST Engineering group revenue surges 17.4% in FY2022
The group’s EBIT grew 9.1% despite reduction in government support.
Industrial property leasing volumes fall for first time in 11 years
Leasing of single- and multiple-use factory spaces slowed in Q4 2022.
Broker: Sembcorp Industries has ‘buy’ rating over manageable debt levels
Sembcorp Industries will also see a growth of mergers and acquisitions activity in 2023.
SingPost’s global segment to benefit from lower air costs: analyst
This could be a silver lining as the firm faces headwinds.
ST Engineering chairman takes a bow
Kwa Chong Seng will leave his post on 21 April.
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