News
Daily Markets Briefing: STI down 0.28%; Top stock is City Development
Daily Markets Briefing: STI down 0.28%; Top stock is City Development
City Development is the top stock with a 2.90% increase.
GIC expands AI adoption with tools to aid investment teams
The fund achieved an annualised nominal USD return of 5.7% over the 20 years ending 31 March 2025.
Singapore Oceanarium debuts at RWS
The Singapore Oceanarium aims to deepen public engagement with marine science.
HDB resale prices up in Q2, but market shows signs of cooling: analysts
Resale prices rose 0.9% QoQ — the slowest increase since Q2 2020, whilst transaction volume rose 7.8% to 7,102 flats.
Private home sales slide 64% in Q2, but prices remain resilient
Despite the decline in transactions, prices across the residential, office, and retail sectors largely held steady or rose slightly,
Singapore firms lead ASEAN with 53 ACGS governance awards
The average score across all Singapore entities was 98.4.
ASA confirms $1m issued to ex-CEO without board knowledge
A third cheque for $310,000, dated 9 June 2025, was later identified by the bank and disclosed to the Board on 18 July 2025.
Income Insurance launches grant with NCSS to aid caregivers
The insurer will fund up to 20 SSA-run programmes over two grant calls from 2025-2030.
Great Eastern unveils plans to aid multigenerational needs in Singapore
It also covers parents for late-stage critical illnesses like dementia and Parkinson’s.
China Everbright appoints new CEO and executive director
Xiong Jianping will also serve as the sustainability committee chair and strategy committee member.
Office space prices fall further in Q2
Island-wide vacancy rate declined to 11.4% QoQ.
Private housing vacancy rate increases to 7.1% in Q2 2025
Private residential prices edged up by 1%.
GIC sees investment opportunities in energy transition infrastructure
Financing for energy infrastructure is increasing, driven by cheaper RE and rising electrification.
GIC's portfolio reaches 5.7% annualised return over 20 years
Adjusting for global inflation, GIC’s annualised real rate of return over the same period was 3.8%.
Vacancy rate in retail space rises to 7.1% in Q2
Retail space prices inched up by 0.1%.
HSBC Life Singapore appoints Ruhil Bairagi as new COO
He has over 20 years of experience in life, health, and general insurance.
FHT to hold privatisation scheme meeting on 15 August
Unitholders may submit their questions by 31 July.
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