Singapore
Officials still cautious on economy in 2023 despite reopening: RHB
The growth could be lower for Singapore compared to market consensus of 5.3%.
CDL finally acquires Marina Estate St Katharine Docks in London
The acquisition costs $636m (£395m).
EC World REIT partially repays loans after releasing deposits from escrow
They released the deposits on 2 March and 7 March 2023.
Three reasons why HDB resale volume fell in February
OrangeTee, PropNex, and One Global Group reveal their observations.
Inflation gives central banks a challenge to ease rate hikes
They also need to balance between disinflation and the global financial market.
HDB resale volumes decline 28.2% MoM in February
Prices stayed the same for the first time in more than two years.
Japfa’s segments to face uncertainties in higher costs and ASPs
The agri-food firm’s net PATMI declined 73.9%, on a yearly basis.
UOB prices A$1.5b dual tranche 3-year senior unsecured bond
The notes are expected to be issued on 16 March 2023.
Sean Chiao takes helm as CEO of Surbana Jurong Group
He will begin his CEO duties on 1 April.
The GrowHub raises US$3m in Pre-Series B funding round
The funding round was led by its founder, Lester Chan.
ERA integrates OpenAI GPT-3 into its SALES+ app
The integration will allow agents to generate tenancy reminders.
STB offers free ‘off-the-beaten-path’ experiences for SG tourists
Tourists can redeem one of nearly 40 new experiences in Singapore.
Salary for software engineers soar 7.61% YoY
A junior software engineer can enjoy a median salary of $5k in 2022.
DBS CEO Piyush Gupta earned 13.3% more in 2022
Gupta’s salary is S$1.5m in 2022, up from S$1.2m in 2021.
Daily Markets Briefing: STI down 0.56%; Sembcorp Industries is top active stock
Sembcorp Industries is the most active stock.
These banks will highly benefit from China’s early reopening
DBS and OCBC Bank will perform well this year.
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