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Posted on 26/11/2024

Civil servants to get 1.05 months of year-end bonus; SM Lee warns against writing off China: Singapore live news

Yahoo Singapore is featuring a curated selection of some of the biggest, most important, and fascinating news that's making waves online.

Posted on 26/11/2024

Hotel developer seeks $6m from Killiney Road condo owners for encroachment into its property

The alleged encroachment involved a strip of concrete backfill measuring 10 to 20 cm wide along a 35-meter stretch. Read more at straitstimes.com. ( read original story ...)

Posted on 26/11/2024

Barclays to set up Singapore private banking centre by 2026

The centre will offer clients access to quasi-institutional investment solutions and cross-asset class offerings.

Posted on 26/11/2024

Daily Cuts – Singapore’s manufacturing output rises a fourth straight month in October, but slower

Singapore Today's Daniel Martin and Justine Moss speak with Alvin Liew, Senior Economist, UOB, about why Singapore's manufacturing output has risen for a fourth straight month in October, but at a ...

Posted on 26/11/2024

Singapore banks – a haven amid market volatility, with promising earnings and attractive dividends

OCBC, and DBS are seen as having a low risk of earnings downturn, with some analysts even forecasting a rise in earnings and margins.

Posted on 26/11/2024

Singapore’s First APAC Fund to invest up to AED 5bln in Dubai’s AMIS Development

The partnership reflects the Fund’s confidence in Dubai’s real estate market and AMIS Development’s reputation for high-value luxury developments ...

Posted on 26/11/2024

Singapore sets new hotel licensing guidelines for 2025

Singapore's Hotels Licensing Regulations 2024, effective January 2025, seeks to modernise hotel operations, streamline licensing, and introduce stricter requirements for operators.

Posted on 26/11/2024

OCBC downgrades PropNex to ‘hold’ but raises target price to 96 cents

Despite the downgrade, Tan expects PropNex to remain a solid dividend yield play. He projects a dividend payout of 90%, implying FY2024 and FY2025 yields of 5.6% and 6.1% respectively. As at 11.05am, ...

Posted on 26/11/2024

Macquarie revises Singapore earnings growth for FY2024 to 7% from 3%

With such momentum, Macquarie now expects Singapore equities to generate earnings growth of 7% for the current FY2024 under its base case scenario, and to grow by a further 7% in the coming FY2025. It ...

Posted on 26/11/2024

Singapore factory output rises at slower pace of 1.2% in October

Excluding the more volatile biomedical industry, output rose just 0.4 per cent. Read more at straitstimes.com.

Posted on 26/11/2024

Singapore’s factory output rises 1.2% in October, misses expectations

SINGAPORE’S factory output rose 1.2 per cent year on year in October, a far more modest increase compared to than the previous month’s surprise jump, data from the Economic Development Board (EDB) ...

Posted on 26/11/2024

Brokers’ take: Macquarie initiates coverage on S-Reits, favours those with industrial exposure

MACQUARIE Research started coverage on Singapore real estate investment trusts (S-Reits), with an “outperform” rating on nine out of the 11 it listed. Read more at The Business Times.

Posted on 26/11/2024

YouTrip to Raise Series C Ahead of Planned IPO, Listing Still ‘A Few Years’ Away

Caecilia Chu, who recently toured the New York Stock Exchange, is actively preparing YouTrip for an Initial Public Offering (IPO).

Posted on 26/11/2024

Singapore Businessman Faces Trial Over $1.1 Billion Nickel Scam

An ex-accountant accused of running a billion-dollar nickel scam that rocked Singapore’s business community is on trial on Tuesday on more than 100 charges related to fraud and money laundering.

Posted on 26/11/2024

Singapore urged to avoid being a test bed for small modular reactors

Energy analysts have raised concerns over Singapore's exploration of small modular reactors (SMRs) for energy diversification, citing high costs and safety risks. While SMRs promise adaptability for land-scarce regions,

Posted on 26/11/2024

Singapore stocks declined on Tuesday’s open—STI dropped 0.3%

SINGAPORE: Singapore stocks opened on Tuesday (Nov 26) following similar declines in other Asian markets after US President-elect Donald Trump announced an additional 10% tariff on Chinese goods, ...

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