Singapore

Market update: STI down 0.27%

Frasers Logistics and Commercial Trust is the highest gainer.

Market update: STI down 0.27%

Frasers Logistics and Commercial Trust is the highest gainer.

Rising fuel costs amongst top reasons for EV adoption

Silent rides and better acceleration are also top considerations of EV owners. 

New home sales soar to a 6-month high in May with 1,356 units sold

The May sales translate to a 105.5% jump from April.

SIA Group passengers rose by 1,325% YoY in May

A total of 1,705,200 passengers were carried in May 2022.

Singtel raises stake in Thailand’s Intouch to 24.99%

The additional 121 million additional shares were acquired for $330m. 

Flexible workspace demand up by 13% in 2021

There were a total of 4,595,973 firms registered last year.

Singapore is world's 3rd most competitive market

The country jumped two places from last year's ranking.

DBS adds carbon calculator in LiveBetter platform

Users can also now access a curated portfolio of carbon projects to help reach offset goals.

Chart of the Day: Singaporean youths' top financial goals 

One-fifth of those aged 16 to 19 want to start a business before reaching 25.

Singapore is world's 18th best startup economy

The average ecosystem value Singapore startups create is US$89b.

Singapore’s $35b green bond sale lifts sustainable financing capabilities

The taxonomy initiative will reduce the cases of greenwashing.

Market update: STI up 0.28%

City Developments Limited posted the highest growth.

Condo rents up by almost 3% MoM in May 

This marked an increase for the 17th consecutive month. 

Far East Orchard to develop housing for university students in UK

The 690-bed student housing is seen to be completed by 2027.

Purpose-driven jobs top pick for career-seeking Gen Zs

Almost 40% of youths ranked meaningful work as the top factor in career choice.

Singtel’s subsidiary Optus to directly oversee its own enterprise division

The move is part of Singtel’s plan to decentralise its organisational structure.