Singapore

Singapore’s central bank may reduce the S$NEER slope by 50 basis points

Commitments from electronics firms were more than halved last year.

DBS is the top stock despite a 0.22% decline.

Despite this, Singapore's investment volume fell 29% YoY in 4Q23.

Robust policy and leveraging technology can also help fast-track green goals.

Seatrium is in the process of closing, writing down non-core assets.

Hilton Singapore Orchard’s full reopening helped drive OUE REIT’s profits in 2023.

Singapore stock market booked $125.8m of net institutional inflow.   The STI declined 2.5% for the first four weeks of 2023 with the iEdge SG Advance Manufacturing Index declining 5.1%, SGX reported.

The new unit is expected to be commissioned by end-2027.

The authority also took down 12,474 online listings of illegal health products. 

Its growth was boosted by the acquisition of quality assets.

Property price is expected to fall by 5% - 10% in 2024.

It saw a positive rental reversion of 9.9%.

The divestment is set to be completed in FY23/24.

This is thanks to the stronger performance of its retail portfolio.