Singapore

MAS likely to keep restrictive slope amid rising imported inflation

Policy normalisation, however, could take place in October.

MAS likely to keep restrictive slope amid rising imported inflation

Policy normalisation, however, could take place in October.

Manufacturing output drops 1.6% YoY in June

Excluding the biomedical manufacturing segment, output would’ve increased by 1.7% YoY.

Economist lowers Q2 2024 GDP growth forecast to 2.6% YoY

The forecast is lower than the government’s advance estimate of a 2.9% YoY growth.

Industrial rental growth to slow in 2024

It is expected to moderate to between 3% and 5%.

Parkway Life REIT's NPI falls 2.5% YoY to $68.4m in H1 2024

Despite lower NPI, the REIT declared a 3.5% YoY higher DPU.

OUE Healthcare warns of H1 2024 loss 

One reason for the loss is the disposal of vacant land in Kuala Lumpur.

iFast credits ePension and wealth management for profit boost

In Q2, the company reported a 346.1% YoY higher net profit of $16.03m.

Gov’t allocates $742m for upgrades of over 53,000 HDB flats

Selected flats are in Jurong West, Hougang, Woodlands, and Pasir Ris.

Seatrium expects net profit in H1 2024

In the preceding half year, the company reported a net loss of $1.7b.

Cordlife’s Hong Kong and Malaysia units receive AABB Reaccreditations

StemLife has also completed ISO 9001:2015 assessment and recertification in June 2024.

Daily Markets Briefing: STI down 0.13%; Top stock is YZJ Shipbldg SGD

YZJ Shipbldg SGD Is the top stock with a 8.33% increase.

SG firms fail tracking marketing results due to lack of monitoring platforms: study

Businesses invest in digital marketing but not the right tools to track its performance.

Employers add parental leave tags to job postings amidst talent war

Attitudes have shifted to workplace flexibility, gender equality, and work-life balance.

Shophouse sales volume drops 66% YoY in Q2

Shophouse sales value also fell 62% YoY.