In Focus
HDB resale prices up 2.3% in Q2
HDB resale prices up 2.3% in Q2
A record 236 units were resold for a million dollars or more.
Condo resale prices up 4.3% in June
A S$13.6m unit in RCR was the most expensive condo resold in June.
SIDS fights misconceptions in interior design with accreditation, education
The organisation is setting up a digital platform to speed up accreditation from 6 to 2 months.
Industrial property sales up 25.1% in Q2 as manufacturing grows
Data centres and EVs may be key to the industrial sector’s growth.
Income Insurance seeks to fill billion-dollar financing gap in climate transition
The region skimmed its carbon intensity by 2.8%, far below the 17.2% needed.
Will headcount increase be enough to reverse the rental market slowdown?
In Q2 2024, condo rents were unchanged, while HDB rents rose marginally.
Singapore challenges London as hub for family offices
More than half (56%) of Asia's family offices are in Singapore.
Singapore needs SEA neighbours to power renewable energy transition
Experts favour Malaysia and Indonesia as renewable energy import sources.
Economists forecast upward revision in GDP estimates
Nomura expects MTI to raise its full-year forecast to 2%-3% from 1%-3%.
RTS Link could cause significant retail value leakage, warns expert
DBS also expects a 3% to 4% impact on local retail sales.
Gleneagles Hospital strides forward with 65 years of innovative healthcare
Established in 1959, GEH now has 13 hospitals and two clinics across Asia.
SME performance up in Q2 2024, but expert predicts a flat year
In Q2, the OCBC SME Index hit 50.2, ending five quarters of contraction.
Hotel investments lag despite operational improvements
Interest rates continue to slow transaction activity.
Why investors are shifting capital to US tech stocks
Seven in 10 investors allocate 75% of their equity to the US market.
Singapore's climate reporting rises, but net-zero commitments lag
Climate reporting efforts began for 96% of issuers in FY 2023.
Red Sea diversions strain Singapore's PMI
PMI dipped to 50.4 in June.
S’pore bags ‘resilience champion’ status, boosts global business
It ranked 3rd, thanks to its location coupled with a stable and efficient gov’t.
Commentary
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Precious metal boom is a stress test for Singapore’s gold ambitions
Singapore’s global dispute fault lines
‘Tokenmaxxing’ – The wrong AI race to run in Singapore
To outsmart modern fraud, we must first know the enemy