Singapore

EDB launches second leg of its corporate venture building programme

A total of $20m of fresh funding will be received by the program beneficiaries. 

EDB launches second leg of its corporate venture building programme

A total of $20m of fresh funding will be received by the program beneficiaries. 

Standard Chartered stands out in marrying trust with Artificial Intelligence (AI)

The Bank built an AI engine to hold other AI systems accountable.

The Beaumont relaunched for sale for $468m

The property will be sold via public tender.

Analysts raises full-year headline inflation forecast to 5.5%-6% 

A further tightening of monetary policy in October is also likely.

Market update: STI up 0.32%

CapitaLand Integrated Commercial Trust was on top of the index.   The Straits Times Index closed at 3,190.49, up 0.32%, on Tuesday, 26 July 2022.

New homes sold in mass market dip 16.6% QoQ in Q2

OrangeTee said the decline was due to the lack of new launches.

MAS and Google Cloud launch Point Carbon Zero Programme

The programme aims to jumpstart climate fintech solutions in Asia.

CLCT’s net income jumps 15.9% YoY to $139.5m in H122

The increase was due to strong contributions from CLCT’s business parks and logistics assets.

AIMS APAC REIT posts 1.3% DPU growth in Q1 FY23

The increase was due to the 34.3% jump in the REIT’s net income.

OUE C-REIT’s net income dips 14.2% YoY to  $93.6m in H1

The decline was due to the deconsolidation of OUE Bayfront’s performance.

Stellar Lifestyle reinvents advertising with augmented reality

The firm was recognised at the 2022 SBR National Business Awards. 

Foreign purchases of private homes soar by 102.8% in Q2

Most non-local buyers were from Mainland, China.

3 tech manufacturers to post weaker earnings in H1: analyst

UOB Kay Hian said the three have huge China exposure.

Auction listings soar by 47.5% QoQ to 118 in Q2

Almost half of the listings were recorded following the Fed’s interest rate hike in June.