Singapore
Yanlord’s Suhe Century project sold out at launch with $902.4m pre-sales
Yanlord’s Suhe Century project sold out at launch with $902.4m pre-sales
The property's average selling price was $155,290 per sqm.
Temasek increases internal carbon price to US$50 per tonne of emissions
It will be increased to US$100 by 2030.
SGX total market turnover value edged down 4% YoY in June
The bourse’s securities turnover value was at $25.6b in June 2022.
Office floor in Suntec City on sale for $36m
The sale is open to both locals and foreigners.
Condo resale prices rise 9.4% in June amidst limited home supply in suburbs
But volumes are lower by 17% as more potential buyers opt to travel overseas instead of shop for new homes.
Tesla kicks off first mass-market electric SUV in Singapore
Model Y and Model Y Performance will begin delivery next month.
Investment to Singapore fintechs in Q2 down 55% from Q1
Blockchain & Crypto firms snagged the lion's share of deals, but enthusiasm may wane amidst new regulations.
Singapore is 3rd most attractive market for energy sector FDI
It posted an index of 72.74%, ranking behind Luxembourg and Hong Kong.
Chart of the day: CBD Grade A rents rises by 1.6% in Q2
Vacancy rates to tighten to 4%, an analyst said.
Market update: STI up 0.35%
Two banks recorded the highest growth.
Philippine-based liquor firm to join SGX main board on 14 July
It will be the first Philippine-listed company to hold a secondary listing on SGX.
Grab rolls out intercity bus travel service between SG and Malaysia
Users will now be able to purchase bus and ferry tickets in the app.
1.5 million Singaporeans to receive $1.5b in August
Each eligible citizen will receive S$700.
Raffles Medical Group to see a 10% decline in H122 net profit: forecast
This is on the back of expected lower revenue from the hospital's COVID-19 services.
Sri Trang Gloves stretches operations in US with new subsidiary
The subsidiary will serve as the US sales and distribution office.
Investors’ exposure to US markets down in June amidst recession concerns
The investor movement index for clients declined to 4.88 in June 2022.
ExxonMobil’s first cargo of sustainable aviation fuel lands at Changi Airport
The fuel will be used in Singapore Airlines and Scoot flights.
Commentary
Why Singapore SMEs cannot wait for quantum cyber risk to arrive before securing data
Is Singapore's emphasis on long-term security and stability hindering purpose-driven employees?
When Singapore's agentic AI ‘chefs’ arrive, will the kitchen be ready for them?
What Singapore’s app store rules reveal about the future of online trust
Faster hiring alone will not fix construction’s productivity problem
Beyond policy: How Singapore's service sector can win at the frontline
Solving the production problem behind Singapore’s ‘pilot purgatory’
Transformation without disruption: Your Existing ERP is an accelerant to business innovation