Singapore
COE quota for May to July 2022 set at 11,951: LTA
Biddings under the quota will begin on 4 May.
Core inflation expected to come in 2.5%-3.5% in 2022
Consumer price inflation will also be raised by more than previously anticipated.
Keppel FELS ends rig contracts with Fecon and Clearwater affiliate
The clients failed to take the rigs and pay outstanding instalments.
GDP sees moderate growth at 3.4% in Q1
This is as MAS tightens monetary policy and raises inflation forecast.
Prime office rents up 1.2% QoQ in Q1: Knight Frank
Occupancy levels in Raffles Place and Marina Bay rose by 2.3%.
SGX welcomes IoT sol'ns provider iWOW Technology to Catalist
It's one of the firms behind a contact tracing app in Singapore.
MAS tightens monetary policy amidst underlying inflationary pressures
The monetary policy will be tightened in two ways.
92% of SMEs see setback in digital transformation plans amidst great resignation
SMEs said digital transformation is critical for them to survive the next 12 months.
Market update: STI up 0.54%
Yangzijiang Shipbuilding led the index.
Condo rents went up by 2.9% MoM in March 2022
It rose for the 15th consecutive month, according to property firms.
Business park market logs net absorption of 186,982 sq ft in Q1 2022: CBRE
This is a reversal from the negative take-up in the last quarter.
KCOM, Singtel sell 50% stakes in Radiance Communications to Telechoice subsidiary
Their divestment has a sale consideration of $625,000.
$38.5m allocated for build-to-suit facility redevelopment: ESR-REIT
The redevelopment is expected to be finished in two years.
SG, Australia ink agreement to deepen FinTech collaboration
The agreement sets out a framework for 4 collaboration areas.
80% of organisations experienced ransomware attacks in 2021
Organisations are exposed to greater risk due to cybersecurity debt, according to a report.
Office market sees net absorption of 307,282 sq ft in Q1
This marks the third consecutive quarter of positive net demand for the market.
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