The Business Times

Daily Debrief: What Happened Today (Apr 25)

Published Thu, Apr 25, 2024 · 06:30 PM

Stories you might have missed

Singapore Q1 industrial rents rise further 1.7%, as occupancy dips and prices fall: JTC

RENTS of Singapore industrial space continued to rise in the first quarter of 2024, even as occupancy rates dipped and prices fell for the first time in three years, JTC’s quarterly market report released on Thursday (Apr 25) indicated.


Condo resale volumes rebound in March; prices inch up 0.4%: SRX, 99.co

CONDOMINIUM resale volumes rebounded 17.4 per cent in March, reaching its highest level in seven months, as buyers returned to the market after a seasonal lull in February.


Latest Singapore 6-month T-bill offering cut-off yield of 3.74% as applications dip

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THE cut-off yield on the latest Singapore six-month Treasury bill (T-bill) fell slightly to 3.74 per cent, according to auction results released by the Monetary Authority of Singapore on Thursday (Apr 25).


Malaysia’s March inflation steady at 1.8%, beats economists’ forecast

MALAYSIA’S inflation rate rose 1.8 per cent year on year in March, due to increasing prices of dining out, transport and household utilities, a Department of Statistics Malaysia (DOSM) report indicated on Thursday (Apr 25).


Keppel’s Q1 revenue down 6.3% to S$1.5 billion; legacy O&M assets a drag on net profit

KEPPEL reported on Thursday (Apr 25) a 6.3 per cent fall in revenue to S$1.5 billion for the quarter ended Mar 31, compared to S$1.6 billion in the previous corresponding period.


Singapore stocks end lower after US market wobbles ahead of CPI data; STI down 0.2%

THE Straits Times Index (STI) closed 5.38 points or 0.2 per cent lower at 3,287.75 on Thursday (Apr 25). This came after a little-changed Wall Street overnight ahead of the release of key US inflation data on Friday that could have a bearing on interest rate policy next week.

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