In Focus

MAS upgraded its 2021 official headline CPI from 0.5%-1.5% YoY to 1%-2% YoY.

The occupancy rate for the overall industrial property market was at 90.1% as of end-June.

These sectors have been greatly affected by the 16-month “roller coaster” of tightening and loosening restrictions.

Phase 2 (Heightened Alert) starts today, superseding the earlier announced Phase 3 (Heightened Alert) restrictions.

The sector will continue in a “reform and transform” path, hinging on successful digital banking applicants.

This is due to the recurring outbreaks of infections.

June exports surged to 15.9% year-on-year, nearly doubling May’s figures.

Developers sold 872 units in June, lower than last month’s 895.

The OCBC SME Index shoots by 8.3 points to 59.5 as small and medium-sized enterprises gain momentum.

Analysts upgraded their full-year GDP forecasts as the economy slowly recovers to pre-pandemic levels.

Tighter safety management measures continued to restrict the market, analysts say.

There were only three initial public offerings in Singapore in the first six months of 2021.

Knight Frank expects sales values for the full year to exceed the $1.46b high posted in 2018, with sales volumes to cross the 200 unit mark.

HDB prices record a 0.9% uptick in June from May.

Minister of Health and former trade negotiator, Ong Ye Kung, also defends the India-Singapore Comprehensive Economic Cooperation Agreement.

This includes the extension of the Job Support Scheme for vulnerable industries.