Singapore

Daily Markets Briefing: STI down 0.02%, Sembcorp Industries is leading

Sembcorp Industries and HongkongLand are the most active stocks.

China reopening gains remain limited to Singapore and other ASEAN-4 markets

The only upside to China's reopening is the potential increase in outbound tourism.

Chart of the Day: Prices of property sale listings grew 0.7% in Q1

It rebounded close to the data from the third quarter (Q3) of 2022.

What are 3 key motivators for SG firms to expand overseas?

A UOB report showed that 50% of SG-based companies are interested in overseas expansion.

About 9 in 10 CISOs say resigned employees contribute to data breaches

Over half of security leaders reported loss of sensitive data in the past 12 months.

Live pig exports to Pulau Buluan likely to be suspended for another year: SFA

The government halted its production and import of live pigs from Pulau Bulan in April 2022.

Mirae Asset Securities SG joins SGX as new trading member

The membership would enhance the company's Asia-centric investment strategies.

Sri Trang Gloves revenue crashes 35.6% to $180.7m YoY in Q1

It is due to the lower average selling price of gloves in the global market.

SG records 959 bankruptcy filings in Q123

The figure is higher than the application received in Q122.

UBS appoints new CFO following Credit Suisse’s takeover

Todd Tuckner will take on the CFO post at the close of the acquisition.

FLCT's Robert Wallace extends service until 1 August

Wallace resigned as CEO of FLCT’s manager in February.

6 in 10 Singaporeans fear that AI will replace their jobs

Despite the worry, most Singapore would delegate as much work to AI to lessen workloads.

SG retains lead in Asian outbound real estate investment 

The Lion City’s investment reached US$28.284b.

Rental demand for HDB and private non-landed residential declines in Q2

PropertyGuru sees expatriates’ rental demand to be slower due to low expansion.

McDonald’s is Singapore’s top fast-food restaurant of choice: survey

The rankings show that American brands populate most of the list.