Singapore

DBS, OCBC, and UOB’s STI weight rises to 54.3% in 2024

DBS, OCBC, and UOB’s STI weight rises to 54.3% in 2024

 The three banks drove the STI’s 23.5% total return in 2024 but were outpaced by Yangzijiang Shipbuilding.

CMP work permit holders rose 24.5% since 2018: Knight Frank

The demand for foreign workers has steadily risen following the reopening of international borders in 2022.

F&B sales inched up in December: report

On a month-on-month basis, however, F&B sales declined by 2.2% (seasonally adjusted).

Retail sales fall 2.9% YoY in December

The total retail sales value for December was estimated at $4.6b, with 13.4% of sales coming from online transactions.

Which Singapore offshore firms will gain from Trump's energy push?

Seatrium and Marco Polo Marine are emerging as top picks.

Equity and tech funding surge 528% YoY in January

On a monthly basis, the funding trend rose 253.3%.

Singapore contributes US$87m to IDA

This is a 24% increase from the country’s previous contributions.

Retail investors buy into market dip in early 2025: SGX

This trend has been observed over the past five years.

ELTA public sales to launch on 22 February

It was launched by MCL Land and CSC Land Group.

FedEx expands day-definite service to Singapore

The company operates these in markets like China, Hong Kong SAR, and Japan.

Tourism spend to reach all-time high for 2024

Chinese, Indonesian, and Australian tourists are the top spenders.

Uni-Fuels raises $1.7m in over-allotment

Additional shares were purchased for US$4 apiece.

Sabana Industrial REIT completes solar project with Keppel EaaS

The project installed solar panels on nine of the REIT’s properties.

CICT’s NPI up 1.3% YoY in H2 2024

DPU for FY2024 rose 1.2% YoY to $0.1088.

STI's year-end target maintained at 3,950

It is expected to move sideways as tariff uncertainties resurface.