Singapore

Hong Leong Finance sees profits rise to S$45.1m in H1

It has also announced an interim dividend of S$0.0375 in its latest bourse filing.

Selling prices for private properties grow by around 3%-5% in Q2

The strong takeup in new condo launches boosted prices during the quarter.

Companies should ‘sharpen focus’ on risk profile amidst major external events

Managements need to proactively identify, quantify, and respond to risks such as supply chain and geopolitical risks, says KPMG Singapore’s Head of Advisory (Consulting).

7 in 10 employers mull hiring talent for sustainability roles in the next two years

Companies are also open to training current employees on sustainability.

No recovery yet for HDB resale demand since cooling measures: analyst

HDB sales are 11.3% lower and below the 12-month average.

Chart of the day: Strata retail gears up for a comeback

Reopening of the retail sector spurred interest in strata retail spaces.

Market update: STI up 0.52%

City Developments Limited was at the top.

2 in 3 Singaporean financial services professionals mulling leaving jobs

Demand for financial services professionals shoots up by 76% in the country.

Prime Freehold Corner F&B unit up for sale: CBRE

The unit is located at 2 Greenwood Avenue.

Manulife US REIT’s net income rises 2.8% YoY to US$57.6m in H122

The REIT said higher car park income was amongst the factors that drove the increase.

Ascott acquires first lyf-branded co-living property in Tokyo

The property will be acquired through the Ascott Serviced Residence Global Fund.

IMDA bares 3 new 5G projects awarded under its innovation programme

These include holomedicine capabilities, cinematic AR experience, and smart glasses.

ARA H-Trust’s net income soars 131% YoY to US$21.1m in H122

The increase was on the back of the trust’s higher revenue and gross operating profit.

July posts 33 million-dollar flats sold – second-highest in a month

This number accounts for 1.4% of the total resale volume in July.

Bunker fuel contamination in SG port is unintentional: MPA

It has concluded the probe on the contamination incident.