Singapore

S-REITs post negative returns in January

Total returns of S-REITs were at -4.6%.

Daily Markets Briefing: STI down 0.54%; Top stock is DBS

DBS is the top stock despite a 0.975% decline.

Winners of Singapore budget 2024: banks, tech, renewables

Players in consumer staples and manufacturing cheer as well.  

Proposed changes to cybersecurity law may improve oversight, scope: expert

Digitisation and reliance on outsourced computing vendors are among factors influencing the changes.

SG, Malaysia ink MOU to combat telco scams

The collaboration will facilitate mutual exchange of knowledge through training programmes.

Manufacturing output grows 1.1% YoY in January 2024

The transport engineering sector recorded the highest output growth of 43.5% YoY.

Buyer hesitancy drag condo resale volumes down 

In January, resale volume slipped 0.6% MoM. 

DBS, Sheng Siong to build sustainable business ecosystem with 1,000 SMEs

DBS will offer upskilling courses and sustainable financing solutions.

Singapore Fintech Association launches ‘Project Tapir’ with Malaysian VCs

The partnership aims to foster cross-border collaboration between Singapore fintechs and Malaysia.

Serene Centre sold for $105m

The property is a four-storey freehold commercial/residential development.

E-angpaos sent in CNY tripled in 2024: OCBC

The $100 amount is the most popular e-angpao amount this year.

Condo resale volume slips 0.6% MoM in January

Over 700 units got resold during the month.

Condo resale prices increase by 7.2% YoY in January

Across submarkets, OCR posted the highest year-on-year price increase.

Seatrium widens net loss in FY23 to $1.9b

The company attributed its losses to non-cash write-downs, amongst others.

Sri Trang Gloves widens loss by 10.1% YoY to ฿42.3m in 4Q23

The company recorded a loss despite posting an 11.5% YoY jump in sales revenue.