SingPost to raise international postage rates by S$0.05 in 2024
$SingPost(S08.SG$
SingPost will be introducing a S$0.05 rate hike for most international airmail letters, printed papers, aerogrammes and postcards from Jan 1, 2024.
Exceptions include rates for aerogrammes to Malaysia and Brunei, which will remain at S$0.80 per piece, as well as mail charges for additional weightage.
The new rate for aerogrammes to all countries except Malaysia and Brunei will be S$0.85, up from S$0.80 currently...
SingPost will be introducing a S$0.05 rate hike for most international airmail letters, printed papers, aerogrammes and postcards from Jan 1, 2024.
Exceptions include rates for aerogrammes to Malaysia and Brunei, which will remain at S$0.80 per piece, as well as mail charges for additional weightage.
The new rate for aerogrammes to all countries except Malaysia and Brunei will be S$0.85, up from S$0.80 currently...

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3Cnergy shareholders to vote on S$443.8 million RTO deal with DTP Infinities on Dec 26
Catalist-listed $3Cnergy(502.SG$ on Thursday (Dec 7) said it will seek shareholders’ approval at an extraordinary general meeting on Dec 26, for its reverse takeover (RTO) deal involving UK hospitality player DTP Infinities.
3Cnergy plans to acquire DTP Infinities for S$443.8 million from DTP Inter Holdings, to be satisfied through allotting and issuing new shares. The actual consideration will be dependent o...
3Cnergy plans to acquire DTP Infinities for S$443.8 million from DTP Inter Holdings, to be satisfied through allotting and issuing new shares. The actual consideration will be dependent o...

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Cut-off yield on latest 6-month T-bill slips to 3.74% as demand rises
The latest Singapore six-month Treasury bill (T-bill) is offering a cut-off yield of 3.74 per cent, according to auction results released on Thursday (Dec 7).
This is down from the cut-off yield of 3.8 per cent offered in the previous six-month tranche of the T-bills, issued on Nov 28.
Demand for the T-bills has remained strong in recent issuances. A total of S$13.3 billion in applications was received for the S$5.9 billion o...
This is down from the cut-off yield of 3.8 per cent offered in the previous six-month tranche of the T-bills, issued on Nov 28.
Demand for the T-bills has remained strong in recent issuances. A total of S$13.3 billion in applications was received for the S$5.9 billion o...

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Banking stocks were mixed in early morning trade
$DBS Group Holdings(D05.SG$ was down 0.3 per cent or S$0.08 to S$32.47, $UOB(U11.SG$ was up 0.6 per cent or S$0.17 to S$28.17, while $OCBC Bank(O39.SG$advanced 0.5 per cent or S$0.06 to S$12.21.
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Singapore shares rise at Friday’s open
Singapore stocks opened higher on Friday (Mar 17), tracking solid gains in global markets following several major developments in the banking sector worldwide.
Data from Enterprise Singapore also showed that the Republic’s key exports contracted for the fifth straight month in February, albeit at a slower pace than the month before, as the decline in non-electronic shipments eased.
On the Singapore bourse, $FTSE Singapore Straits Time Index(.STI.SG$rose 0.5 per ...
Data from Enterprise Singapore also showed that the Republic’s key exports contracted for the fifth straight month in February, albeit at a slower pace than the month before, as the decline in non-electronic shipments eased.
On the Singapore bourse, $FTSE Singapore Straits Time Index(.STI.SG$rose 0.5 per ...
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In Hong Kong, the market continued its losing streak.
$Hang Seng Index(800000.HK$ fell 0.7 per cent to 16,345.89.
Kelvin Wong, Asia-Pacific senior market analyst at Oanda, noted that the persistent weakness seen in the China and Hong Kong stock markets has been primarily driven by structural vulnerabilities due to rising debt risks in major property developers that may trigger a deflationary spiral in China.
He thinks the Hang Seng index now faces a potential major bearish breakdown that may ret...
Kelvin Wong, Asia-Pacific senior market analyst at Oanda, noted that the persistent weakness seen in the China and Hong Kong stock markets has been primarily driven by structural vulnerabilities due to rising debt risks in major property developers that may trigger a deflationary spiral in China.
He thinks the Hang Seng index now faces a potential major bearish breakdown that may ret...
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South-east Asia’s largest bank, $DBS Group Holdings(D05.SG$ , also fell, continuing its streak of losses for the week. The banking stock was down nearly 1 per cent or S$0.30 to S$31.18 at the closing bell.
The other two local banks also closed beneath their opening prices. $OCBC Bank(O39.SG$dipped 0.8 per cent to S$12.51, while $UOB(U11.SG$slipped 0.4 per cent to S$27.19.
The other two local banks also closed beneath their opening prices. $OCBC Bank(O39.SG$dipped 0.8 per cent to S$12.51, while $UOB(U11.SG$slipped 0.4 per cent to S$27.19.
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Singapore shares slip
Singapore shares fell on Thursday (Dec 7), wiping out gains from a day earlier.
$FTSE Singapore Straits Time Index(.STI.SG$ slipped 0.4 per cent or 12.98 points to end at 3,074.26. Across the broader market, decliners outnumbered advancers 308 to 277, with 888 million securities worth S$1 billion changing hands.
$JMH USD(J36.SG$ stocks declined heavily, with the counter falling 1.2 per cent, or US$0.48, to close the day at US$40.20.
Counters which were most actively trad...
$FTSE Singapore Straits Time Index(.STI.SG$ slipped 0.4 per cent or 12.98 points to end at 3,074.26. Across the broader market, decliners outnumbered advancers 308 to 277, with 888 million securities worth S$1 billion changing hands.
$JMH USD(J36.SG$ stocks declined heavily, with the counter falling 1.2 per cent, or US$0.48, to close the day at US$40.20.
Counters which were most actively trad...
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Local banking stocks were mixed in early trade
$DBS Group Holdings(D05.SG$ was the sole gainer among the trio, rising S$0.13 or 0.4 per cent to S$31.57. $UOB(U11.SG$lost S$0.04 or 0.2 per cent to S$27.19, and $OCBC Bank(O39.SG$slipped S$0.01 or 0.1 per cent to S$12.59.
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Singapore shares dip at Wednesday’s open
Singapore stocks opened slightly lower on Wednesday (Dec 6) after global equities closed largely on a positive note.
$FTSE Singapore Straits Time Index(.STI.SG$ was down 2.23 points or 0.1 per cent to 3,074.93. Across the broader market, gainers were on par with losers at 47 each, with 21.2 million securities worth S$33.3 million changing hands.
$Seatrium(S51.SG$ was the most actively traded counter by volume. It remained flat at S$0.101 with 3.5 million of its...
$FTSE Singapore Straits Time Index(.STI.SG$ was down 2.23 points or 0.1 per cent to 3,074.93. Across the broader market, gainers were on par with losers at 47 each, with 21.2 million securities worth S$33.3 million changing hands.
$Seatrium(S51.SG$ was the most actively traded counter by volume. It remained flat at S$0.101 with 3.5 million of its...