News
OUE C-REIT to refinance debt using $978m sustainability-linked loan
It was financed by mandated lead arrangers and bookrunners.
SGX Group posts record-high revenue of $1.1b
It is the highest revenue since its listing.
Exports post slower growth in July due to low demand in China
It rose to 7.0% in July from 8.5% in June.
Market update: STI up 0.24%
Jardine Cycle & Carriage registered the most gains with 2.97%.
Chart of the day: New business premiums of life and health drops 8.2% YoY in June
New business premiums totalled $63.4b in June this year.
J&T Express Singapore offers delivery to Malaysia via mobile app
Parcel delivery will take four to nine days.
HRnet Group expands operations of Taiwan subsidiary in Kaohsiung
The group has also committed $1m to grow its flexible staffing business.
MOE bumps monthly pay of teachers by 5%-10%
The salary adjustments will take effect on 1 October.
Singaporean's use of credit cards for cross-border shopping declines by 11%
It is still, however, the most used payment method when shopping outside SG.
Singapore’s wealthiest may be taxed more: DPM Wong
The government is gearing up to help lower-income households deal with inflation, reports Bloomberg.
SingPost consulting advisors to defend itself in arbitration case
This after the accuser recently filed his statement of claim in the case.
Export growth moderates to 7.0% in July
In June, non-oil domestic exports grew by 8.5%.
Chart of the day: Leasing volume for factory, warehouses down 10.4% in Q2
It ended the seven consecutive quarters of increase since 2020.
Commodity derivatives volume reaches four-month high
The Singapore Exchange recently released its market statistics for July.
Market update: STI down 0.15%
SATS logged the highest growth with 2.95%.
Metaverse could generate up to $5t by 2030: McKinsey
Adoption by the e-commerce industry will be the largest driver.
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