Daily Debrief: What Happened Today (Jan 24)

Published Wed, Jan 24, 2024 · 06:30 PM
    • Strong traffic growth in the fourth quarter of 2023 has boosted Changi Airport’s full-year performance.
    • Strong traffic growth in the fourth quarter of 2023 has boosted Changi Airport’s full-year performance. PHOTO: AZMI ATHNI, ST

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    SINGAPORE Changi Airport’s passenger traffic has recovered to near pre-Covid levels, with growth registered across all markets in 2023. For the fourth quarter of 2023, Changi handled 16.1 million passenger movements, surpassing 90 per cent of the level recorded in 2019, said Changi Airport Group (CAG) on Wednesday (Jan 24).


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    Commodity sector braces itself for prolonged period of higher costs and volatility 

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    HIGHER freight costs and longer voyage times on the back of trouble in the Red Sea are among the key challenges that commodity companies and traders are grappling with, even as they brace themselves for an extended period of uncertainty hanging over the sector.


    Suburban properties chalk up biggest resale gains in Q4 as prices outperform

    SUBURBAN and city fringe residential properties proved most profitable on resale during the fourth quarter of 2023, outperforming prime property deals that typically show large gains.


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    Singapore stocks rebound on China stimulus measures; STI up 0.6%

    SINGAPORE shares closed higher on Wednesday (Jan 24), reversing a losing streak since the start of the week.

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