News
Passenger traffic in Changi Airport rise 10 fold in H122 vs H121
The airport handled about 8.9 million passengers.
Passenger traffic in Changi Airport rise 10 fold in H122 vs H121
The airport handled about 8.9 million passengers.
F&B sales up 40.1% YoY in May after removal of strict dine-in rules
The industry rendered $910m in sales.
CLI to receive immediate fee income from Ascott’s acquisition of Oakwood
Oakwood has 81 properties and 15,000 units under management.
6 in 10 young employees would leave employers who insist on full-time onsite work
About 35% of older employees would also consider quitting.
Chart of the day: Mental health in North Region most ‘strained’ in Singapore
Almost 2 out of 5 Singaporeans have high mental health risks.
Market update: STI down 0.56%
DBS and Keppel Corporation are the only gainers.
Retail sales jump 17.8% YoY in May
Excluding motor vehicles, total retail sales increased by 22.6% YoY.
Property investment sales jump to $8.2b in Q2 22
Sales were driven by the commercial sector.
Gov’t sees no recession in 2023: Tan
Authorities readied plans to combat high inflation.
Singapore PMI edges lower by 0.1 in June
The electronics industry posted a strong performance last month.
Home affairs ministry eyes amending law on renovation fraud
From 2019-2021, there were 100 cases involving errant renovation contractors.
Rising interest rates: Which SREIT will be the biggest loser?
The DPU of an industrial REIT is expected to drop 15.0% in 2023.
NUS’ new hydrogen research institute starts operation
The Centre for Hydrogen Innovations has received S$25m investment.
Yanlord Land Group’s contracted pre-sales rise to $6.5b in H122
The H122 pre-sales translate to a 9.5% YoY jump.
Yanlord Land Group’s contracted pre-sales from residential and commercial units, and car parks rose by 9.5% YoY to $6.5b (RMB31.394b) in H122, its latest unaudited operating figures revealed.
SG is 2nd most transparent real estate market in Asia
The market improved its data coverage and sustainability commitments.
EMA opens for second wave of proposals for electricity imports
Bids for electricity supplied by coal-fired generation technologies will be rejected.
CHART OF THE DAY: IPOs in Singapore and neighbouring markets
IPOs raised $614.7m (US$0.44b) from January to May 2022
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