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

Your Way Home with Hongbin Jeong · Feb 14, 2025 · 13m

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…