Singapore

Daily Markets Briefing: STI up 0.05%; Top stock is DBS

DBS is the top stock despite a 0.154% decline.

Singapore ranks 8th most searched destination for Valentine’s Day: Agoda

The city-state trails behind other major Asian countries.

Dasin Retail Trust taps Wang Peng as new CIO

Wang previously worked for Sino-Ocean Group.

Singaporeans struggle with critical illness coverage despite reduction in protection gap

AIA SG’s chief marketing and proposition officer expects insurers to keep up with consumer demands better in 2024.

StarHub’s net profit soars 140.4% YoY to $149.6m in FY23

With a better bottom line, the company declared a final dividend of $0.042 per share.

High court grants order for sale of GSM building to LHN

LHN plans to complete the acquisition of the asset on 9 May.

Sembcorp unit acquires 228MW of wind assets in India

The company’s gross renewables portfolio globally stands at 13.5 GW.

Hatten Land widens net loss to RM20.8m in 2Q24

Loss per share also widened to RM0.0111.

ComfortDelGro unit acquires UK-based CMAC Group for $135.4m

CMAC is a ground transport management and accommodation network specialist.

Government Land Sales poised to boost 2024 property investment market

An expert forecasts investment sales to increase to $25b-$28b this year.

Tourism rebound to fuel retail rental growth in Orchard this year: expert

Rents to rise by up to 5% in Orchard, 2% to 3% in fringe, suburban locations.