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Daily Briefing: Star architects boost condo sales; More pain ahead for struggling SGD
And how to save money on phone bills.
- Market watchers noted that big property developers are usually the ones tapping star architects since they have deeper pockets, although they may have other reasons for wanting to add that star element. Read more here.
- Chinese's surprise move to devalue the yuan, a looming Federal Reserve interest rate hike and weakening economic momentum in the region have created a perfect storm for Asian currencies, including the SGD, and investors are warned to brace for an extended period of volatility ahead. Find out more here.
- The mobile phone penetration rate in Singapore reached 148% in 2014, according to a report by Info-communications Development Authority (iDA). How can Singaporeans save on mobile bills? Read more here.