Singapore
HDB rents up 20.8% in August
The rents of HDB flats are expected to consolidate for the rest of 2023.
New launches dampen condo rent volumes in August
Compared on a monthly basis, condo rents will decline in the following months, analysts said.
SG, China ink 3 MoUs on maritime collaboration
One of the MoUs will explore the use of zero or near-zero-emission marine fuels.
Coffee chain startup Kenangan Coffee marks Singapore debut
The brand achieved unicorn status in 2022.
SGX orders Boustead Projects to delist
The company failed to restore its public float to at least 10%.
Manufacturing output dips 10.5% MoM in August
Excluding the biomedical manufacturing segment, the output would’ve fallen by 16.6% MoM.
Keppel REIT designates a new chief financial officer
Sebastian Song offers two decades of experience in finance and audit.
Daily Markets Briefing: STI fell 0.01%; The top stock is HongkongLand
HongkongLand traded 1.17% up.
Equity issuances up 45% YoY in 9M23
All equity and equity-related issuances in 9M23 raised US$2.9b.
MAS unlikely to change monetary policy in October – experts
There is, however, a 40% chance that it will reduce the slope of the S$NEER band slightly.
Limited supply, back-to-office momentum boost Core CBD Grade A office rents
Grade A office buildings in the CBD saw positive net absorption of 0.11 million sq ft in 3Q23.
Man jailed and fined over illegally hiring an Immigration offender: MOM
It is an offence under the foreign employment law in Singapore.
More than 70,000 jobhunters want a career in retail: job portal
It exceeded 2019 levels for retail job applications.
Singapore learners’s demand growing in AI skills and STEM education: study
AI and machine learning developments are in demand for learners.
Singlife’s rebranded investment platform allies with BlackRock to produce tri-offering
More investment solutions are to be expected in the coming months.
Condo resale volumes rise by 3.0% MoM in August
Over 800 units got resold during the month.