Daily Briefing: Trading outage deals blow to SGX; Patchy demand for industrial property in Q2

And palm oil's bear market won't help relieve Singapore's haze.

Singapore’s stock exchange on Thursday suffered its fourth outage in two years, the latest hit to the reputation of one of Asia’s most prominent stock markets at a time when it is struggling to revive weak trading volumes. Read more here.

Singapore’s business parks sector registered a resilient performance in Q2 2016 even as effects from the weak overall business and property sentiment began to take a toll on the market, according to a CBRE report. In April, Mapletree Business City II (MBCII) obtained TOP with a net lettable area of around 1.12 million sq ft, while net absorption stood at 368,960 sq ft during the quarter. Find out more here.

Nearly a year after haze from Indonesian forest fires created some of the worst air pollution ever in Singapore, fire season is starting again. The Indonesian government agency in charge of disaster mitigation said via a Twitter post on July 13 that an alert was in effect until Oct. 8 for land and forest fires in Central Kalimantan, on the island of Borneo. Read more here.

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