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Shangri-La HKD News
Singapore Employment Rises for Tenth Straight Quarter, But Labor Demand Cools
By Amanda Lee and Fabiana Negrin Ochoa SINGAPORE--Singapore's employment rose for a tenth straight quarter, but continued losing momentum, with labor demand cooling as global economic risks persist.
Singapore's Private Sector Expands Solidly in March as New Orders Grow
Business activity in Singapore's private sector slowed month on month in March, but the expansion rate remained strong, thanks to faster growth in new orders, S&P Global reported Wednesday. The headli
SG Morning Highlights | MAS to Boost Sustainable Finance in Singapore with AI and Tokenization
STI up 0.08%; Stocks to watch: Shangri-La Asia, Sabana Reit, Best World.
Business Activity Expands in Singapore's Private Sector in February as Demand Improves
Business activity in Singapore's private sector expanded in February, thanks to improving demand, driving a record rise in employment during the month, S&P Global reported Tuesday.
Banking Stocks Make Roaring Entry Into Dragon Year With Fresh Record Highs
Banking and financial services stocks were among the top gainers in early morning trade on Tuesday, with several stocks climbing to a new record high, marking a bullish start to the Lunar New Year of the Dragon.
Shangri-la Asia Unit Renews Hotel Management Contract for Hotel in Philippines
Shangri-la Asia (HKG:0069, SGX:S07), via its subsidiaries, renewed its hotel management contract for Shangri-La The Fort, Manila, a hotel in the Philippines, for another three years. The contract, sch
Shangri-La Hotel Logs Higher Profit, Revenue in Q3
Shangri-La Hotel (SET:SHANG) posted a higher profit attributable to shareholders of 66.1 million baht in the third quarter, compared with 60.4 million baht it booked a year earlier.
Forex Insight: Major Currencies Jumped in The Past Week, And the Fed's Dovish Turn Is Not the Only Reason
Last Friday's non-farm payroll data reinforced the Fed's dovish expectations. CME FedWatch shows that the probability of raising interest rates in December is merely 9.8%. It's not just U.S. stocks that are reveling in the capital market. The currencies of most countries have jumped since last week.
Cut-off Yield on Latest Singapore 6-month T-bill at 3.7%
SINGAPORE'S latest six-month Treasury bill (T-bill) offered a cut-off yield of 3.7 per cent, in the auction that closed on Thursday (Aug 31).
SG Morning Highlights | Prudential Posts Net Profit of US$1.2 Billion in H1 2023, Helped by Chinese Demand
Stocks to watch: Prudential, Shangri-La Asia, Penguin International
Daily Markets Briefing: STI Increases 0.26%
The Straits Times Index (STI) closed at 3,188.95, growing 0.26% on 25 August 2023, Friday, at 5:20 p.m.
Be Cautious on Dealing With Dasin Retail Trust Units, SGX Reg Co Warns
Singapore Exchange Regulation (SGX RegCo) warned investors and potential investors to be cautious when dealing with Dasin Retail Trust's units due to recent developments in trading activity.
BMI Revises Malaysia GDP Forecast Down to 4.0 Pct This Year
BMI, a Fitch Solutions company, has revised downward its forecast for Malaysia's real gross domestic product (GDP) growth to 4.0 per cent in 2023, from 4.2 per cent previously.
Leading the Charge Towards a Net-zero Transition
TO GET to net zero in time to meet global climate change targets, emerging markets will need to invest an additional US$94.8 trillion – more than the world's annual economic output combined – going by Standard Chartered's research.
SGX FX Futures Notional Volume in July Rises 60.49% M-o-m to US$241.1 Billion
SGX FX Futures notional volume in July rises 60.49% m-o-m to US$241.1 billion
Singapore Q2 GDP Grows 0.1% Q/q, Lower Than First Estimated
Singapore's economy expanded less than initially estimated in the second quarter but avoided a recession, official data showed on Friday (Aug 11).
Shangri-La Asia Unit Files for Singapore Listing of SG$160 Million Bonds Due 2028
Shangri-La Asia (HKG:0069, SGX:S07) unit Shangri-la Hotel filed for the listing of SG$160 million worth of 4.4% guaranteed bonds due in 2028 on the Singapore bourse. The bonds will be listed in the Bo
Applications for Singapore's Next Presidential Election Open on Jun 13
Candidates planning to run in the upcoming presidential election can start applying to enter the race from Tuesday (Jun 13).
Shangri-La Asia Trims Losses in 2022 as Revenue Zooms 18%
06:14 AM EDT, 03/24/2023 (MT Newswires) -- Shangri-La Asia's (HKG:0069, SGX:S07) loss attributable to owners narrowed to $161.6 million in 2022, from $193.2 million a year earlier. The hospitality gro
Shangri-la Asia Units Enter Into $6 Million Loan Agreement
06:50 AM EST, 02/03/2023 (MT Newswires) -- Two subsidiaries of Shangri-la Asia (HKG:0069, SGX:S07) entered into a loan agreement on Friday, according to a same-day filing by the hospitality group. Und
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