News
New home sales more than double in September
New home sales more than double in September
This was linked to two new mass market projects – Lentor Modern and Sky Eden@Bedok.
Sembcorp unit gets investment licence to develop 293.7-ha. industrial park in Vietnam
The 293.7-hectare industrial park is located in Can Tho City.
Nearly 70% of Singaporeans remain interested and invested in SG’s market
Most are invested in SGX, ETFs, and REITs.
IKEA revenue in Singapore grows 6.5% YoY to $392m in FY2022
Workspaces and Bedroom furniture were the top earning categories.
Keppel to deploy four rigs in Saudi Arabia
The rigs are expected to generate a revenue of about $250m in the next 3-5 years.
Five-storey office building with 999-year tenure up for sale
The indicative price for the property is $120m.
Exports growth slows to 3.1% in September
This is down from the 11.4% growth in August 2022.
ABS unveils industry guidelines for sustainable private banking
The industry group sustainability taskforce has also developed a training benchmark.
Is humour the best medicine vs stress at work? Majority says it is
Nearly seven in 10 workers said jokes can reduce burnout.
Chart of the day: Bigger ECs fetches bigger profits when resold
At least 1,600 sqft yielding an average gross profit of S$455,207 each.
Market update: STI up 0.16%; YZJ Shipbuilding is top stock
Yangzijiang Shipbuilding is top stock with 1.74% gains.
MAS likely to further tighten policy in April after “less aggressive” Oct tightening: analysts
This marks the fourth time in 2022 that MAS tightened its policy.
GDP to grow 3.7% YoY in 2022: RHB
The forecast was revised upward from 3.2%.
ESR-LOGOS trustee enters $68.5m loan facility
It will mature 48 months from the utilisation date.
Keppel Infrastructure opens 1st Green Mark Platinum Positive Energy building in Changi
The building is expected to yield about 600,000 kWh/year of renewable energy.
Singtel’s Optus working with Australian govt over data breach
Passport numbers of some Optus customers were exposed in the cyberattack.
SIA in talks with Tata Group over potential integration of Vistara and Air India
The airline holds a 49% stake in Vistara's operator.
Commentary
Why Singapore businesses must focus on outvaluing, not just upskilling
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform