News

Retrenchments fell to 2,320 in Q2

Retrenchments fell to 2,320 in Q2

Retrenchments amongst production and related workers shrank to 340 from 1,350.

Top ten stocks with ASEAN and China businesses averaged YTD total return of 16.5%

Mapletree Logistics Trust posted the largest return at 29.9%.

Share of new condo units above $1.5m rose to 35% in Q2

Findings suggest that buyers may be opting for costlier and larger condos.

Sembcorp to provide solar power to UBS for ten years

UBS expects to run its entire operations on renewables by 2020.

HDB flat rentals down 20.7% to 1,490 units in August

The decrease in leasing volume is a seasonal effect.

Talent mismatch shrank by 8% in May

The results were slightly higher than those of the US and Canada.

CapitaLand's Raffles City Chongqing draws over 900,000 visitors in weekend launch

Tenants include Old Navy, GAP, Haidilao, CGV and Jiwu by Suning.

Chart of the Day: Orchard Road ground-floor rents fell 1.5% to $40.6 psf in H1

The rental decline came as several brands downsized their businesses. This chart from Colliers International show that ground-floor rents on Orchard Road declined 1.5% to $40.60 psf monthly in H1 2019 compared to the last six months of 2018.

Daily Markets Briefing: STI up 1.55%

YZJ Shipbuilding led the gains after its stock grew 4.95%.

DBS launches blockchain-powered platform to enhance trade finance for Chinese SMEs

It offers multi-tier financing solutions to more than 1,000 suppliers within 24 hours.

Olam bags $724.26m sustainability-linked loan

Proceeds will be used to refinance the company’s existing loans.

SGX daily average value up 12% to $1.2b in August

Market turnover value for ETF climbed 23% MoM to $231m.

Firms cut back on hiring plans in Q4: survey

The transportation and utilities sector is likely to trim its current headcount.

Consumer watchdog launches mobile app for comparing grocery prices

Price Kaki will have its pilot run in Jurong West, Tampines and Toa Payoh on 28 September.

Orchard Road hotel development put on sale for over $155m

The hotel would be developed into a 6-storey, 115-room site.

Chart of the Day: Which bank has the highest unsecured NPA?

This lender has more than half of its bad assets unsecured.