Singapore
Small step for Green Link Digital Bank, large leap for Singapore MSMEs
Size does not matter for Singapore’s newest wholesale digital bank.
Small step for Green Link Digital Bank, large leap for Singapore MSMEs
Size does not matter for Singapore’s newest wholesale digital bank.
Market update: STI down 0.56%
DBS and Keppel Corporation are the only gainers.
Retail sales jump 17.8% YoY in May
Excluding motor vehicles, total retail sales increased by 22.6% YoY.
Property investment sales jump to $8.2b in Q2 22
Sales were driven by the commercial sector.
Gov’t sees no recession in 2023: Tan
Authorities readied plans to combat high inflation.
Singapore PMI edges lower by 0.1 in June
The electronics industry posted a strong performance last month.
Home affairs ministry eyes amending law on renovation fraud
From 2019-2021, there were 100 cases involving errant renovation contractors.
Rising interest rates: Which SREIT will be the biggest loser?
The DPU of an industrial REIT is expected to drop 15.0% in 2023.
NUS’ new hydrogen research institute starts operation
The Centre for Hydrogen Innovations has received S$25m investment.
Yanlord Land Group’s contracted pre-sales rise to $6.5b in H122
The H122 pre-sales translate to a 9.5% YoY jump.
Yanlord Land Group’s contracted pre-sales from residential and commercial units, and car parks rose by 9.5% YoY to $6.5b (RMB31.394b) in H122, its latest unaudited operating figures revealed.
NTUC LearningHub partners with entomo in progressive talent transformation product
The innovation was awarded the AI – Human Resource Technology trophy at the Singapore Business Review (SBR) Technology Excellence Awards.
SG is 2nd most transparent real estate market in Asia
The market improved its data coverage and sustainability commitments.
EMA opens for second wave of proposals for electricity imports
Bids for electricity supplied by coal-fired generation technologies will be rejected.
CHART OF THE DAY: IPOs in Singapore and neighbouring markets
IPOs raised $614.7m (US$0.44b) from January to May 2022
Under a microscope: Foreigners and firms face tougher scrutiny under new EP application policy
Applicants will now need to pass a points-based evaluation and meet a higher qualifying salary.
Market update: STI up 0.84%
Two of Singapore's biggest banks topped the index.
Gov’t to push through with GST increase despite rising inflation
The GST will be increased from 7% to 8% on 1 January 2023, and to 9% on 1 January 2024.
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