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.

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.