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Inflation could moderate retail sales growth in Q4 22: analyst
Experts said retail sales may expand 10% in 2022.
Inflation could moderate retail sales growth in Q4 22: analyst
Experts said retail sales may expand 10% in 2022.
Daily Markets Briefing: STI up 0.15%; Venture is top stock
Venture was leading on the index.
Lendlease REIT occupancy at 99.7% in Q1 FY23
Its retail portfolio’s occupancy was at 99.3%.
Yanlord contracted pre-sales down 5% YoY in October
It reached RMB58.1t in the first 10 months of 2022.
EDPR Sunseap, SMRT Trains to power Bishan Deport with solar
EDPR Sunseap will install 1.56MWp of solar capacity to the deport in 2023.
Elite C-REIT's DPU declines 7.8% YoY to 3.79 pence in 9M22
Increased borrowings were among the reasons for the decrease.
ST Engineering to divest all equity interest in U.S. marine businesses for $21m
Its US subsidiaries are VT Halter Marine and Bollinger Shipyards Lockport, L.L.C..
Eight F&B outlets join Changi Airport’s tenant mix
Amongst those who recently came on board was Sushi Deli.
Singapore Airlines' half-year operating profit soars to its highest
It recorded a $1.23b operating profit for H1 FY22/23
MAS to cooperate with Ghana to open trade and financial corridor
It will work with the Bank of Ghana and the Development Bank of Ghana for the project.
Jetstar to move operations to Changi’s Terminal 4 by March 2023
T4 provides ample gate capacity to support its narrow-body aircraft fleet.
Beginning 25 March 2023, Jetstar will operate in Terminal 4 (T4) instead of Terminal 1 (T1).
The airline’s relocation follows the completion of its joint study with Changi Airport Group (CAG).
CAG’s Managing Director of Air Hub Development, Lim Ching Kiat, said Jetstar’s move will enable the airport to “optimise the use of its aircraft gates to meet increasing travel demand, especially during the early morning peak period.”
The airport said T4 provides ample gate capacity to support Jetstar’s narrow-body aircraft fleet.
“It also reduces the need for the airline to have bussing operations to remote stands,” added CAG. T4 has 17 gates that support narrow-body aircraft.
“Moving to Terminal 4 is the start of a new chapter. We are committed to continuing to ramp up our operation and plan for future growth, and we appreciate the assurances that CAG have given ahead of this move,” Barathan Pasupathi, Jetstar Asia’s CEO, said.
T4 reopened on 13 September after more than a two-year hiatus due to the pandemic. It served about 350,000 passengers in its first month since reopening.
MAS, Bank Indonesia extends bilateral financial arrangement
Both leaders of Singapore and Indonesia endorsed the arrangement.
F&B sales jump 29.7% YoY in September
The increase was due to the low base in the same month last year.
Retail sales growth moderates to 11.2% YoY in September
In August, retail sales grew 13.3% YoY.
Chart of the Day: Singapore secures highest FinTech funding in ASEAN
Total FinTech funding in Singapore YTD reached $1.8b.
Bukit Timah Link, Hillview Rise sites attracted developers amidst high interest rates
An analyst said these sites have lower risks and costs involved.
Daily Markets Briefing: STI up 0.89%; CapitaLandInvest is top stock
CapitaLandInvest was top gainer with 5.59%.
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