Singapore

Chart of the Day: Office investments made up 71.5% of property sales in Q2

It was thanks to the sale of 30% stake in TripleOne Somerset and 50% stake in AXA Tower.

Chart of the Day: Office investments made up 71.5% of property sales in Q2

It was thanks to the sale of 30% stake in TripleOne Somerset and 50% stake in AXA Tower.

Daily Markets Briefing: STI down 0.08%

Wilmar International led the gains amongst top active stocks with a 1.89% expansion.

Swiss bank BCP alleges fraud in oil deal between ZenRock and China Aviation

BCP issued a letter of credit to finance its purchase of about 260,000 barrels of gasoil from CAO.

Property market liquidity dipped 5% in Q2

It was attributed to the Lion City’s souring office and retail rents.

Singapore leads shift from Libor with $500m note sale

The country's central bank is the first Asian government body to do so.

MAS bans two individuals for fraud

Both have also been sentenced to prison.

DBS Private Bank's main portfolio hits 7% YTD gains in July

It is designed to capitalise on long-term, irreversible growth trends.

Over 4 in 10 senior management roles in banks are Singaporeans: MAS

The regulator assures that citizens are well-represented in local senior roles.

Nearly two-thirds of workers expect better post-COVID workplaces

This is a result of 57% of employees ranking their employers’ efforts “above average”.

Economy to remain in contraction in H2 despite new fiscal package

Analysts believe that it would not be enough to boost the labour market and tourism scene.

Daily Markets Briefing: STI down 0.33%

Medtecs International led the gains amongst top active stocks with a 12.96% expansion.

Chart of the Day: Property investment sales down 53.5% to $1.9b in Q2

Transactions were of lower price quantum as investors are wary about their spending.

OCBC floats new SORA-based home loan

It is available for all loan types such as completed properties and properties under construction.

EZ-Link, Touch ‘n Go launch dual-currency cross-border contactless card

It hosts two e-wallets in Singapore dollars and Malaysian ringgit.

Ed-tech startup bags $1m funding

It has secured pilot partners in Brazil, India, Philippines, Malaysia, Singapore, and the US.