News

Daily Markets Briefing: STI up 0.6%; Top stock is Singtel

Singtel is the top stock with a 3.07% increase.

CHART OF THE DAY: Singapore prime rents decline 4.8% YoY in Q2

It is one of the three markets that reported a decline.

Half of middle-aged S’poreans seek healthcare integration and convenience

Challenges raised include long wait times and affordability.

Staff well-being seen as top challenge in Singapore education: survey

The survey was conducted with 23,754 adults from 30 countries. 

Real time payments, trade partnerships bolster Singapore’s digital trade sector

Its cross-border payment connections have enhanced its international trade competitiveness.

Starhub and NTT DOCOMO bring Open Radio Access Network to Singapore

The Open RAN lets enterprises customise radios and base stations to fit their needs.

PEC Limited’s net profit soars to $15.996m in FY2024

Higher revenue and gross profit drove the increase.

KIT achieves 2.5 times subscription for $200m private placement

The final price per unit for the private placement was $0.438 apiece.

ESR completes first phase of US$2b data centre project in Nanko Kita

The first phase will provide 25MW of data centre capacity.

Lum Chang Holdings rebounds in H2 2024 with $7.4m net profit

In H2 2023, the company reported a $28.7m loss.

Former KTL Global CEO sentenced to eight months for false trading

He remains under investigation for two other charges.

Singapore workforce sees surge in AI adoption: report

One in 117 job postings in Singapore mentions GenAI.

Great Eastern names HSBC banker as new group CEO

Greg Hingston will take the helm once Khor Hock Seng retires on 31 Oct 2024.

8 in 10 Gen Zs interested in generative AI use: study

About 43% of them have already used AI for shopping.