Singapore
SATS adds Sustenir Group’s executive chairman to its board
Pier Sigismondi will serve as an independent non-executive director of SATS.
SATS adds Sustenir Group’s executive chairman to its board
Pier Sigismondi will serve as an independent non-executive director of SATS.
Retail sales climb 1.1% YoY in July
Month-on-month, sales improved by 0.6%.
Luxury apartment sales take a hit from ABSD rate hike
In 1H23, luxury apartments’ sales value dropped to $964.67m.
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The ABSD rate hike in April led to the sales slump in the luxury apartments market.
Chart of the Day: Job postings drop 1.9% MoM in August
The recent drop left postings 17.6% lower than a year ago.
Singapore’s most outstanding architecture professionals under 40
Many of the architects included in this year’s list are involved in sustainable developments.
Daily Markets Briefing: STI down 0.37%; Yangzijiang Shipbuilding is top stock
Yangzijiang Shipbuilding recorded a 1.84% growth.
2-storey warehouse facility on Jalan Ahmad Ibrahim on sale for $50m
The property at 310 Jalan Ahmad Ibrahim has a potential built-up area of 564,761 square feet.
EMA seeks new proposal to assess Singapore’s geothermal potential
Singapore is in a region of high subsurface heat flow which could have heat resources.
Good Class Bungalow market to stay muted in 2H23: experts
CBRE cited three factors affecting sales of GCBs.
Dasin Retail Trust receives demand notice over onshore facility loan default
The around $67.3m loan facility matured on 31 December 2022.
More white-collar jobs available in SG vs. other Asian markets: report
The Lion City also has relatively fewer blue-collar jobs.
Singapore proposes new standard for businesses to disclose intangible assets
It encourages enterprises to report beyond the regular accounting standards.
Which sectors recorded the most net retail inflow in August?
In August, Singapore stocks recorded a net retail inflow of $600m.
Digital Core REIT names new board chairman
It also appointed a new non-independent director and chief financial officer.
Digital Core REIT to enter FTSE EPRA Nareit Global Developed Index
It will be included in the index beginning on 15 September.
Singapore puts forward palm oil as feedstock for sustainable aviation fuel
Palm by-products as a SAF feedstock are recognised under ICAO’s CORSIA regime.
Will Singapore’s PMI turn expansionary soon?
In August, PMI edged up to 49.9.
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