News
Condo rent prices up 26.8% in May
Condo rent prices up 26.8% in May
Whilst fewer condos were rented in May, it still breached the 5,000-mark.
MAS floats raising deposit insurance coverage to S$100,000
This will result in 91% of deposits being fully covered by deposit insurance.
Daily Markets Briefing: STI up 0.55%; Yangzijiang is highest stock
DFI Retail Group and Sembcorp Industries are top stocks.
Conservation shophouses at Jalan Besar on sale for $30m
The property can be bought without ABSD rate.
MAS unveils open-source toolkit for responsible AI-use in finance
It was supported by the collaborative effort of the association of 31 industry players.
MAS forms Project Guardian Industry Group with 11 FIs
The report explores the application of CPMI-IOSCO principles for financial sector infrastructures to emerging models of digital asset networks.
Singlife becomes signatory of UN-supported Principles for Responsible Investment
It is reportedly the first Southeast Asian insurer to become a signatory of PRI.
Singtel’s net-zero goal to be brought forward to 2045 from 2050
The telco firm said it is progressing with its net-zero target.
Yangzijiang Shipbuilding secures new orders for 37 vessels
Year-to-date, the group has secured new orders worth US$5.6b, almost double its 2023 target.
Condo resale prices up 9.2% in May
A $14.08m condo in Yong An Park was the most expensive unit resold for the month.
AIMS APAC Reit reports nearly 70% valid acceptances under preferential offering
The preferential offering ended on 22 June 2023.
Study shows a 54% increase in ransomware incidents in Singapore
Most businesses in IT and manufacturing were affected by this increase.
Rising advertising costs main barrier in talent acquisition, say hiring leaders
Over 83% say cost of accessing job boards is also prohibitive.
Yangzijiang secures contract to build 6 methanol dual-fuel vessels for Maersk
The six vessels will replace currency capacity within Maersk’s fleet.
Sabana unitholder ESR Group releases open letter amidst Quarz issue
ESR Group wants to establish some considerations before the unitholder's resolutions.
Sembcorp’s India wind unit proceeds with arbitration over 300 MW wind project contract
GIWEL filed a S$134.1m statement of claim against Siemens Gamesa Renewable Power Private Limited.
Daily Markets Briefing: STI down 0.06; Yangzijiang Shipbuilding is top stock
Yangzijiang Shipbuilding is the most active stock.
Commentary
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