Singapore stocks declined this morning, despite data from the Ministry of Trade and Industry showing that the city-state’s economy grew 4.4 per cent in 2024.

The Straits Times Index (STI) opened 0.2 per cent lower at 3,873.76 points after 90.8 million securities changed hands in the broader market.

In terms of counters to watch today, we have Thai Beverage, after the food and drink company’s revenue grew 2.4 per cent on the year to 92.3 billion baht (S$3.7 billion) for the first quarter ended December 2024.

Elsewhere from the impact of the Monetary Authority of Singapore’s proposed introduction of tax incentives to spur listings and investments in the local equities market, to Apple and Google restoring ByteDances TikTok to their app stores – more local and corporate headlines remain in focus. 

On Market View, Money Matters’ finance presenter Chua Tian Tian unpacked the developments with Benjamin Goh, Head of Research and Investor Education, SIAS.

Singapore stocks declined this morning, despite data from the Ministry of Trade and Industry showing that the city-state&rsquo;s economy grew 4.4 per cent in 2024.
The Straits Times Index (STI) opened 0.2 per cent lower at 3,873.76 points after 90.8 million securities changed hands in the broader market.
In terms of counters to watch today, we have Thai Beverage, after the food and drink company&rsquo;s revenue grew 2.4 per cent on the year to 92.3 billion baht (S$3.7 billion) for the first quarter ended December 2024.
Elsewhere from the impact of the Monetary Authority of Singapore&rsquo;s proposed introduction of tax incentives to spur listings and investments in the local equities market, to Apple and Google restoring ByteDances TikTok to their app stores &ndash; more local and corporate headlines remain in focus.&nbsp;
On Market View, Money Matters&rsquo; finance presenter Chua Tian Tian unpacked the developments with Benjamin Goh, Head of Research and Investor Education, SIAS.

Your evening guide to the day's most important topics — navigate the key events in politics, business, markets, wealth management, and top investment opportunities. Keeps you informed and ahead of the curve, daily.

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

Money Matters is your guide to navigating the day's most important topics, from politics and current affairs to wealth management and trending issues. Every evening, the team delivers insightful discussions on business news, market movements, and the latest in alternative assets. Whether navigating the political landscape, understanding the economy, or uncovering emerging investment opportunities, Money Matters keeps you informed and ahead of the curve. Tune in daily to Hongbin Jeong and Chua Tian Tian from 4 pm to 7 pm on MONEY FM 89.3.

Money Matters with Hongbin Jeong and Chua Tian Tian

Money Matters with Hongbin Jeong and Chua Tian Tian (4pm - 7pm)

Market View: Singapore’s economy grew 4.4% in 2024; MAS’ proposed introduction of tax incentives to spur listings, impact on SGX and iFast; Trump tasks economics team to devise plans for reciprocal tariffs; Apple and Google restore TikTok to app stores; ThaiBev’s revenue up 2.4% yoy

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