News
Keppel units to jointly acquire South Korean waste management firm
Keppel units to jointly acquire South Korean waste management firm
The proposed acquisition is expected to be completed in H2 2022.
SG falls to 22nd place in list of places with the highest ex-pat packages
This despite salary and benefits packages increasing by 4% in local currency terms.
Chubb appoints Serene Neo as division head of consumer lines in Singapore
Neo first joined Chubb in 2019.
New SERS package ‘never enough’ for AMK residents: Huttons
HDB offered 10% of build-to-order flats for eligible residents.
Quah Ley Hoon to step down as MPA chief
She will be replaced by Teo Eng Dih.
Retail sales growth moderates to 14.8% YoY in June
In May, retail sales grew 17.8% YoY.
F&B sales jump 59.1% YoY in June
The increase was due to the low base in the same month last year.
Yangzijiang Shipbuilding's gross profit jumps 64% YoY to RMB1.4b in H1
The jump was due to the higher contributions from all its business segments.
HDB resale flats prices up 2.43% QoQ in Q3: PropertyGuru
This marks the 16th straight quarter growth.
Chart of the day: Singapore expat packages places 8th in Asia rankings
Salary and benefits packages in the country rose by 4%.
Market update: STI up 0.36%
Wilmar International was seen with the most growth.
Energy price spike powers Sembcorp’s half-year profits
The group reported a 94% surge in profits.
Wilmar International’s net profit rises 55.1% YoY to $1.6b in H1 2022
Its key business segments improved their performance during the period.
LREIT makes it to Singapore Governance and Transparency Index Top 10
It ranked 10th with a score of 94.8.
Open for business: TikTok Shop launches in Singapore
The in-app feature is in support of local businesses.
Ascendas REIT to acquire Philips APAC Center for $104.8m
More than two-thirds of the property’s gross floor area will be leased to Philipps.
DBS denies interest in India’s IDBI Bank: report
This follows after reports said that DBS is mulling purchase of a stake in the bank.
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Commentary
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