Market View: Tributes pour in for late banking Tycoon Wee Cho Yaw; Pan-United Corporation’s partnership with Keppel, Shell-backed Cleantech Solar; Singapore’s retail sales down 0.4% yoy in Dec; China’s investment into BRI countries highest since 2018; Hyundai Motor explores IPO for Indian unit; Potential delays for undelivered 737 MAX airplanes

Your Way Home with Hongbin Jeong · Feb 5, 2024 · 12m

Singapore stocks fell during early trade today, led by declines from the banks. In early trade, the Straits Times Index (STI) declined 1.2 per cent to 3,143.33 points after 53.6 million securities changed hands in the broader market. In terms of companies to watch, we have Pan-United Corporation. The ready-mix concrete provider today said it will partner Cleantech Solar for a project that installs 900 solar panels on top of Pan-United’s Kaki Bukit operational headquarters in Singapore, and its slag grinding plant in Johor, Malaysia. Elsewhere from China’s investment into the Belt and Road…