News
CPF LIFE and DBS create Singapore’s first reverse mortgage product
Ageing Singaporeans now have more options to monetise their private property in preparation for their retirement.
Yanlord contracted sales to decline in 2021: OCBC
SGX-listed Yanlord Land reported a 67.1% increase in its PATMI in the first half of the year.
NEA to establish green bond framework, $3b note programme
The $3b multicurrency medium note programme will finance its flagship waste management project.
Project ‘rarity’, HDB resale prices boost demand for BTO flats: PropNex
HDB said there were 37,406 applicants for about 5,000 build-to-order flats.
Project ‘rarity’, HDB resale prices boost demand for BTO flats: PropNex
HDB said there were 37,406 applicants for about 5,000 build-to-order flats.
Daily briefing: SG mulls business travel next month; SG lags in green practices: report
And the Ministry of Health granted $225,000 payout to vaccinated people who suffered side effects.
Market Update: STI Down 0.96%
SATS and Ascendas REIT lead with the most growth today.
ESR-REIT predicted to have favorable conditions for next two years
The company’s sponsorship by ESR Cayman and recent acquisition in asset management strengthen their portfolio
DBS pilots financing solution for seniors with private properties
This will allow them to borrow against their property to raise their retirement income.
Genting to benefit from SG’s high vaccination rate, possible reopening: OCBC Investments
Singapore has reached a 75% vaccination rate as of 15 August.
141 OCR condos sold above $2m in July
The Outside Core Central Region led the new home sales market last month.
Wilmar International to post stronger H2 results: analysts
The agribusiness giant recorded a 23% increase in its PATMI in the first half.
First Resources output growth may exceed 5% in 2021: Maybank Kim Eng
The palm oil producer is expected to make up for its drop in net profit in the next six months.
55% of Singapore consumers plan to purchase EVs
Environmental concern is the top reason for buying electric vehicles.
Chart of the Day: 5 in 10 Singaporeans have investments in stock market
An extra 18.29%, meanwhile, are also looking to enter the market this year.
Daily briefing: HSBC buys AXA’s SG assets for $575m; EMA wants to minimize impact of clean energy drive
And POFMA issues correction direction to Facebook over false claims on 3-year-old girl’s death.
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Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform