News
Yanlord Group pre-sales down 47.1% YoY in September
A decrease in the contracted GFA of 35.3% was recorded, as well.
Ascott to open 17 lyf properties by 2025
The new properties will expand the lyf portfolio to 3,000 units worldwide.
Trade Minister Gan makes official US visit to strengthen ties
The visit aims to reaffirm their lasting bilateral economic relations.
HDB resale prices up 13.8% YoY in September
Meanwhile, resale transactions decreased by 8.4% to 2,518.
Olam Treasury Pte. Ltd. secures $325.4m samurai loan facility
The facility is composed of two tranches.
Core inflation to rise to 1.4% in 2022: analysts
This is on the back of higher energy and food prices.
KPMG allocates $2.04b for ESG commitments
These hubs are to be established in Europe, the Asia Pacific, and the Americas.
Market update: STI up 0.45%
Jardine C&C showed the most growth.
SPH bounces back with 69.8% increase in operating profit
This follows after SPH restructured its media business.
Maybank Singapore unveils new home mortgage, renovation green loans
The bank expects to process over 500 sign-ups yearly.
Banking sector’s loan exposure to Evergrande ‘insignificant’: MAS
Direct exposures to China’s property sector are less than 1% of non-bank loans.
Office investment volumes crash 59.7% in Q3
But office investment sales are expected to improve in the next quarter.
SIAEC divests entire 39.2% shares in JV for aircraft parts repair
SIAEC’S stake is pegged at $3.79m (US$ 2.79m).
ST Engineering strikes largest acquisition with TransCore deal
The deal is expected to be completed in Q1 of 2022.
F&B sales down 6.7% in August
This is a 6% decline from the value recorded in July.
VFlowTech secures US$3m in pre-Series A funding
The financing was led by Wavemaker Partners.
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Commentary
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