News

Market Update: STI Up 0.7%

Yangzijiang Shipbuilding, HongkongLand, and Jardine Matheson were seen with the most growth today.

Singapore to augment cybersecurity partnership with United States

A memorandum of understanding was signed by representatives from both parties.

SG, HK office rental premium gap down to 108%: Cushman & Wakefield

This is coming from a 135% gap in 2015 and a peak of 173% in 2017.

Netlink profit up 5.3% YoY in Q1 FY22

Its EBITDA also grew by 1.1% YoY.

ESR-REIT completes S$149.6m equity fundraising

It consists of S$49.6m preferential offering and S$100m private placement.

Genting Singapore IR RFP grinds to a halt

Yokohama’s newly elected mayor voiced his opposition to the IR bid. 

ESR REIT completes S$149.6m equity fund raising

It consists of S$49.6m preferential offering and S$100m private placement.

Singapore records 2.5% increase in consumer prices

The transport expenditure saw the highest increase at 9.6% YoY.

Chart of the Day: Retail rental growth in Singapore is still negative

OCBC Investment Research cited data URA which said the Retail Rental Index fell 0.5% QoQ in Q2 2021.

Market Update: STI Down 0.41%

Yangzijiang Shipbuilding, ThaiBev, and Capitaland were seen with the least growth today.

Singapore secures third spot in Safe Cities Index 2021

The country joins Copenhagen, Toronto, Sydney and Tokyo in the top-five finish. 

Hong Leong Asia sees 110% growth in PATMI

Higher diesel engine sales helped in this growth.

UOB adopts the Equator Principles to refine sustainability strategy

The bank will apply the principles to assess and manage environmental and social risk projects.

Foreign wholesale trade up 47.3% YoY for Q2 2021

Petroleum products lead the increase with a 100% increase YoY.