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Month: May 2024

Posted on 16/05/2024

S-REITs in ‘better shape’ than two years ago; CICT, MLT top picks: HSBC

HSBC favours stocks with embedded growth, like CICT; and REITs that have priced in most of the negative news, like MLT.

Posted on 16/05/2024

Flash News: OKX Ventures Ranked as #1 Crypto Venture Capital Investor in Q1 2024 with 31 Deals

OKX Ventures, the investment arm of leading crypto exchange and Web3 technology company OKX, has issued updates for May 16, 2024.

Posted on 16/05/2024

Woodlands coffee shop owner fined for illegally operating supermarket in eatery, importing meat

A coffee shop owner was caught unlawfully operating a supermarket within its premises and selling meat products that had been illegally imported into Singapore. Read more at stomp.straitstimes.com ...

Posted on 16/05/2024

How to keep the Singapore market’s free-float market cap from falling further

To offset the market's falling free float market cap, we need more stocks, more liquidity, higher free floats and prices

Posted on 16/05/2024

Singapore tourist arrivals dip to 1.36m in April, after March’s Taylor Swift-led high

Indonesia overtook China to become the top source of arrivals in April, with 243,893 visitors. Read more at straitstimes.com.

Posted on 16/05/2024

Singapore Airlines CEO Says Travel Out of China Not Yet Recovered

"Travel into China has been strong, travel out of China has not yet recovered fully," Singapore Airlines CEO Goh Choon Phong told media. He said the visa-free scheme between China and Singapore which ...

Posted on 16/05/2024

Money laundering accused Su Jianfeng slapped with six new charges for submitting forged documents to OCBC, Maybank

SU JIANFENG, one of the 10 foreign nationals embroiled in Singapore’s largest money laundering case, was handed six new forgery and fraud charges on Thursday (May 16). He allegedly submitted forged ...

Posted on 16/05/2024

‘Not cheap’, ‘no value’ but market excited: OCBC’s GEH bid divides analysts

We are unclear of incremental synergies that could accrue by acquiring the 11.56% of GEH that OCBC does not already own.” ...

Posted on 16/05/2024

In pictures: Swearing-in of Singapore’s fourth Prime Minister Lawrence Wong

SINGAPORE: Mr Lawrence Wong was sworn in as Singapore's fourth Prime Minister on Wednesday (May 15), replacing Mr Lee Hsien Loong. The ...

Posted on 16/05/2024

Shein suppliers work 75-hour weeks, report claims as Chinese fast-fashion giant looks to IPO

A new report suggests that workers at some of its suppliers are still clocking 75 hours a week, despite assurances the company would improve labor standards.

Posted on 16/05/2024

Singapore Airlines Staff to Get Nearly 8 Months of Bonus After Record Profit: ST

Singapore Airlines Ltd. staff, including pilots, may get a profit-sharing bonus of 7.94 months, the Straits Times reported, citing an announcement it had seen from chief executive officer Goh Choon Phong.

Posted on 16/05/2024

Singapore Shares Likely To Reverse Wednesday’s Losses

The Singapore stock market on Wednesday ended the four-day winning streak in which it had advanced almost 50 points or 1.5 percent.

Posted on 16/05/2024

Singapore shares advance after global indices hit all-time highs; STI up 0.5% at Thursday’s open

SINGAPORE stocks started Thursday (May 16) on a strong note tracking overnight gains in global markets, after US core inflation hit its slowest in three years and retail sales turned flat, fuelling rate-cuts hopes.

Posted on 16/05/2024

Mitsui to invest in Singapore refrigerated warehouse

Japanese shipping giant Mitsui OSK Lines will invest in a new cold storage warehouse project in Singapore that will include Asia’s tallest industrial refrigerator. This is a news story by the ...

Posted on 16/05/2024

From Car-sharing To Edtech, Meet The Innovators On The Under 30 Asia: Consumer Technology List

Consumer Technology list. They are offering solutions to daily problems through tech innovations while building a sustainable business. Buying a car is a huge financial commitment in Singapore. A ...

Posted on 16/05/2024

My mission is clear: To sustain this miracle called Singapore

At his swearing-in, Prime Minister Lawrence Wong urged fellow citizens to help him and his team work towards a refreshed Singapore Dream. Read more at straitstimes.com.

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