Singapore
Daily Markets Briefing: STI down 0.26%; Top stock is DBS
Daily Markets Briefing: STI down 0.26%; Top stock is DBS
DBS is the top stock with a (+0.251%) increase.
Condo resale price growth seen easing this year: experts
Total resale volume could dip to as low as 9,000 units.
How will the expected higher core inflation affect the real estate sector
Core inflation is expected to rise 3.5% in 2024.
Singapore cap rates remain steady in 4Q23
The gross yield of commercial properties in Singapore ranges from 3.00%-6.25%.
EnterpriseSG eliminates CEO post, instates Executive Chairman
Lee Chuan Teck will serve as Executive Chairman starting 1 April.
Mapletree Logistics Trust posts 1.5% YoY higher net property income in 3QFY23/24
With a higher NPI, the trust proposed a 1.2% YoY higher distribution per unit.
OUE Commercial REIT marks 10th year with new moniker
It will be known as OUE REIT beginning 29 January.
CLINT increases renewable energy usage by over 70% with a new solar plant in India
The 21-megawatt solar plant will generate over 30 million kWh of electricity annually.
FCT to acquire an additional 24.5% stake in NEX for $523.1m
The acquisition will raise FCT’s effective interest in NEX to 50%.
Changi Airport’s passenger traffic soars to 58.9 million in 2023
The 2023 record is 86% of the 2019 level.
Central bank to maintain status quo on monetary policy
Core CPI inflation rose to 3.3% YoY in December higher than expected 3%.
Dasin Retail Trust receives EGM requisition notice from unitholders
The notice proposed two resolutions for the matter.
OCBC expands money lock feature to time deposits
The feature has been used by 30,000 customers.
IMDA launches a $30m research fund on sustainable tech
The initiative will focus on research and collaboration with industry partners.
Gov’t establishes new sustainable finance body
The association will improve standards, solutions, and skills in the finance sector.
Irving Low of KPMG: Navigate diverse market dynamics, compliance intricacies, and cultural nuances for successful growth
Low offered a seasoned perspective on emerging trends, corporate governance challenges, and strategic considerations for businesses eyeing the Southeast Asian market.
Salary hike to stay flat this 2024 for S’porean workers: Aon
40% of Southeast Asian companies are carefully optimistic about hiring.
Commentary
What matters for Singapore’s AI future is consistency, not brilliance
The AI pilot worked. Now comes the real test
Are Singapore startups’ employee incentive plans still competitive?
Singapore’s small exporters need credit that matches their payment cycle
The hidden realities of succession for next-gen heirs
In Asia, fintech leaders must compete on credibility
F1 on a gravel road: Why AI is still stuck in first gear
Why AI blocklists give Singapore firms a false sense of security
When scale arrives before proof: Singapore’s capital allocation question in Southeast Asia