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Month: December 2024

Posted on 17/12/2024

Singapore key exports see surprise rebound in November on electronics growth

Exporters might be front-loading their shipments before Trump’s proposed tariffs kick in. Read more at straitstimes.com.

Posted on 17/12/2024

DAM Capital Advisors IPO: From financials to key risks – Here are 10 key things to know from RHP

DAM Capital Advisors IPO opens for subscription on December 19, closing on December 21. Valued at ₹840.25 crore, the IPO offers 2.97 crore shares priced between ₹269- ₹283. Retail investors can invest ...

Posted on 17/12/2024

Daily Cuts – Will Singapore’s NODX rebound be sustained going into 2025?

Singapore Today's Lance Alexander and Justine Moss speak with Jeff Ng, Head, Asia Macro Strategy, Sumitomo Mitsui Banking Corporation, about what could have led Singapore's non-oil domestic exports to ...

Posted on 17/12/2024

DBS forecasts strong growth for suburban retail Reits in 2025, names its top picks

SINGAPORE’S suburban real estate investment trusts (Reits) are poised for growth next year, although there is a temporary risk in the form of retail business flowing to Johor Bahru (JB) by way of the ...

Posted on 17/12/2024

“We believe Singapore will continue to profit” — Experts say SG can withstand Donald Trump’s return

Singapore will continue to profit from trade diversification and the movement of supply chains by enterprises...” — RHB ...

Posted on 17/12/2024

Singapore shares end lower, in line with regional indexes

SINGAPORE - The Straits Times Index (STI) faltered on Dec 17, mirroring declines in the region. It ended down 0.6 per cent or 21.1 points at 3,799.93. Across the broader market, decliners outnumbered ...

Posted on 17/12/2024

SingPost shareholders should question the board over the proposed sale of its Australian business

ON THE face of it, shareholders of Singapore Post (SIngPost) should be happy about the company’s proposed sale of its Australian logistics business. Read more at The Business Times.

Posted on 17/12/2024

Singapore exports rise 3.4% in November, driven by 23.2% surge in electronics

The city-state’s non-oil domestic exports (NODX) increased by 3.4% in November compared to last year, recovering from a 4.7% decline in October, according to data from Enterprise Singapore ...

Posted on 17/12/2024

Singapore’s consumer watchdog works to raise awareness on fast-growing financial influencer sector

The authorities said last month that financial influencers, or finfluencers, must be licensed and regulated if they provide financial advice.

Posted on 17/12/2024

Singapore targets 1.2 mn Indian tourists in 2024-end; no visa-free entry

In an interview with Business Standard, Markus Tan and Renjie Wong of Singapore Tourism Board discussed the surge in Indian tourists, future attractions, sustainability efforts, and travel trends ...

Posted on 17/12/2024

2025 a year of moderation for S’pore hotels, DBS names CapitaLand Ascott Trust as top pick

Analysts Geraldine Wong and Derek Tan point out that Singapore had a good year for tourism in 2024, with visa-free arrangements with Chain and Taylor Swift Concerts. This also makes for a high base ...

Posted on 17/12/2024

Singapore Dominates Crypto Tech Rankings, Outshines US: ApeX Study

Singapore has 1,600 blockchain patents, nearly 2,500 jobs related to blockchain and 81 crypto exchanges, ApeX study reveals.

Posted on 17/12/2024

PIF-backed Saudi Global Ports taps banks ahead of potential IPO – report

Saudi Global Ports (SGP), a joint venture between the sovereign Public Investment Fund and Singapore’s PSA International, has tapped banks ahead of a potential IPO, according to Bloomberg.

Posted on 17/12/2024

No evidence of bubble yet, calls for property market cooling measures ‘premature’: DBS

Following the strong sales seen last month, new home sales for 2024 is estimated to come in between 7,500 to 7,800 units for the year.

Posted on 17/12/2024

Economists weigh in after Tesla CEO Elon Musk says Singapore is ‘going extinct’ amid low birth rate

THE oft-discussed issue of Singapore’s low birth rate was recently flagged by Tesla chief executive Elon Musk who declared that Singapore is “going extinct” amid a low birth rate. Read more at The ...

Posted on 17/12/2024

Singapore’s Perennial the first foreign company to wholly own tertiary hospital in China

SINGAPORE: Real estate and healthcare firm Perennial Holdings has become the first foreign company to wholly own a private tertiary general hospital in China, after its hospital in Tianjin city was ...

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