Singapore
Daily Markets Briefing: STI down 0.18%; Top stock is SGX
Daily Markets Briefing: STI down 0.18%; Top stock is SGX
SGX is the top stock with a 0.91% increase.
MAS expected to ease policy in April as inflation cools
It anticipates the central bank will reduce the slope of the S$NEER and also lower the midpoint of its policy band.
MAS reforms reveal gaps in current investor protection rules
MAS confirmed it will proceed with legislative amendments aimed at enhancing pre- and post-transaction safeguards for retail clients.
STI crosses 4,000 for first time in 3 years
Over this period, the index has delivered a total return of 40%, with a CAGR of 11.9%.
Singapore brand value hits $105b as Grab tops growth list
Grab stood out as the fastest-growing Singaporean brand this year, with its brand value surging 85% to $1.47b (US$1.1b).
MAS investigates ex-Yang Kee Logistics CEO’s allegations against UOB
UOB, however, called the allegations ‘baseless and defamatory.’
SG’s public healthcare staff to receive pay hikes of up to 7%
This follows the Ministry of Health’s announcement last January.
Singapore places fourth for most ‘ATMs near me’ Google searches
Sri Lanka, Malaysia, Mongolia, and Hong Kong also made the list.
SATS, Guangtai to explore advanced tech for airport ground support
The collaboration also includes a focus on training, engineering, and sustainability improvements.
MPA, Republic Polytechnic to launch unmanned aircraft pilot training programme
This aims to equip MPA and commercial UA pilots to operate drones for maritime applications.
Condo resale prices up 5.8% in Feb 2024
A $15m unit in Yong An Park was the month’s most expensive condo resold.
MPA renews MoU with Chinese university for talent development
The two will continue to engage in faculty and student exchanges.
SingPost completes sale of Freight Management Holdings for $867m
Special dividend to be disclosed “in due course.”
Sembcorp unit, Malkoha sign 25-year renewable energy purchase agreement
The company will operate a 150-megawatt peak floating solar photovoltaic system.
SGX-listed Sinarmas Land gets $1.32b takeover offer
Lyon Investments was offering to delist the company from SGX’s mainboard.
LIA Singapore appoints Wong as president with new 2025 goals
She succeeds Dennis Tan.
Singapore tops SEA tech VC deals despite 21% funding decline
The number of deals has fallen to its lowest since at least 2020, at just 165.
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