Singapore
Domestic wholesale sales rise 1.9% in Q2, driven by metals sector
The metals sector reported a 26.7% QoQ increase.
GuocoLand bags $847m green loan to fund Upper Thomson development
It plans to develop a 941-unit residential project on the site.
Sembcorp inks deal to export green ammonia from India to Japan
Nippon Yusen Kabushiki Kaisha will facilitate the export.
SATS returns to profit with $65m Q1 gain on strong business volumes
A one-off gain from a loan settlement also helped boost profit.
MAS banks on financial institutions to enforce robust IT security
All FIs in Singapore must comply with the Personal Data Protection Act (PDPA).
DiMuto raises US$5.9m in Series A round
The funding round was led by the Yield Lab Asia Pacific.
3-storey corner shophouse at 127 Jalan Besar on sale via EOI
The property is priced at $2,838 psf.
MSIG uses WhatsApp to streamline SME insurance process
SMEs constitute 99% of business in Singapore.
Daily Markets Briefing: STI up 0.43%; Top stock is SATS
SATS is the top stock with a 3.54% increase.
New HDB cooling measures may fail to curb price rises, expert warns
Amongst measures is the lowering of the LTV ratio for HDB loans to 75%.
HDB rents rise 13.8% YoY, but volumes drop in July
Rents rose across all room types.
IHH hospitals install advanced pathogen identification system
The system is installed in IHH Healthcare’s Gleneagles, Mount Elizabeth, and Mount Elizabeth Novena hospitals.
Industry players back PM Wong's promise to streamline processes
He focused on three areas.
MOE boosts school tech with better network coverage and cloud storage
The move will enable more immersive, interactive learning, said the ministry.
Condo rents rise 0.9% MoM but fall 5% YoY in July
The Rest of the Central Region reported the highest sequential rent increase.
National Day Rally: New homes planned for Singapore’s 120km Southern coastline
PM Wong said 10,000 new homes could be built in Marina South and East.
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