News
Singapore snags crown as Asia’s top financial centre
The city-state replaces Hong Kong as the number one in the region.
Grab, Sembcorp installs 182 solar panels at SATA CommHealth Headquarters
The installation is part of Grab’s Green Programme.
ST Engineering’s profit to grow up to 17% in 2023-2024: RHB
Thanks to the company’s strong order book.
Singtel's Optus hit by cyberattack
The attack is already being investigated.
SLA raises land betterment charge rates
Rates will increase for lands used for commercial, residential, and industrial.
Private new home sales plummet 48% to 437 units in August
This marks the lowest monthly sales in two years.
Investors cautioned against Fed’s decision to raise interest rates: broker
This as Fed’s reported to raise interest rates by 75 basis points (bps).
Chart of the day: More board seats for directors with CEO experience
CTO and CIO experienced directors are not frequently given seats at the table.
Market update: STI up 0.04%, Yangzijiang Shipbuilding at the top
Yangzijiang Shipbuilding is still the top stock.
SGX-listed Digital Core REIT to buy stake in Frankfurt, Dallas data centres
Number of acquisitions will depend if REIT pursues a fundraising.
Gov't extends 4% floor rate for SMRA interest until 2023
The extension will allow CPF members to further grow their savings.
Despite removal from STI, ComfortDelGro to get better share price performance
The analyst said ComfortDelGro will be saved by strong rail recovery.
SGX launches FX electronic communication network
The prime brokers of the network are BNP Paribas and Deutsche Bank.
First REIT acquires 2 properties in Japan for $25.4m
The acquisitions are DPU accretive to unitholders on a pro forma basis.
Which properties will be affected as gov't adds new CRL lines?
Attractiveness for future housing areas will increase.
Chart of the day: New women directors in Singapore dips to 28% in 2021
Board member seats for women in the industrial industry saw a large decline.
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Commentary
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