Singapore

Delayed rate cuts stall significant recovery in the private residential market

Experts project a full-year sales volume of 5,000 to 6,200 units.

COTD: Singaporeans confident in retirement despite concerns over financial inclusion

Singaporeans express satisfaction with the government’s efforts on financial inclusion.

Daily Markets Briefing: STI up 0.99%; Top stock is Mapletree PanAsia Com Tr

Mapletree PanAsia Com Tr is the top stock with a 2.42% increase.

ACEN, GenZero and Keppel join hands to catalyse retirement of coal-fired plants in Southeast Asia

The three companies have signed a Memorandum of Understanding (MOU) to jointly explore the origination and utilization of Transition Credits (TCs) to accelerate the retirement of the South Luzon Thermal Energy Corporation (SLTEC) coal-fired power plant (CFPP) in Batangas, Philippines.

PropertyGuru enters into definitive merger for USD 1.1 billion

Southeast Asia’s leading property technology company, today announced that it has entered into an agreement and plan of merger with affiliates of BPEA Private Equity Fund VIII Limited (“EQT Private Capital Asia”).

Singapore's exports exceed median forecast

July’s non-oil domestic exports (NODX) jumped 15.7% y/y in July (June: -8.8%), far exceeding Bloomberg’s median forecast of 1.2% (UOB: 2.8%).

Singapore logistics investments: stable

Singapore remains stable amid global industrial and logistics transactional activity despite H1 investments across APAC down 11% year-on-year.

Gen Z--the alpha of new payment trends

The younger generations are quickly embracing digital payment methods, leading the shift to building a digitally connected society.

Orchard retail rents to drop up to 4% in 2024: Savills

This decline will be due to labour supply issues and rising operating costs.

StarHub names Jacky Lo as new CFO

Lo was previously CFO at GoTo.

Don Agro net loss increases to $13.8m in H1 2024

Their gross profit also decreased to $11.4m. 

Uni-Asia reports $15.4m net profit loss in H1 2024

They also had an operating loss of US$9.8m. 

Future Economy Advisory Panel kicks off first meeting

Senior executives from DBS, Grab, and Microsoft Asia are part of the panel.