News
Easing of dine-in services increases F&B sales by 11.4% in April
It grew by 5.2% month-on-month on a seasonally adjusted basis.
Prime retail rents ‘stabilising’ after 2-year decline: Savills
Prime retail rents in Orchard Area rose by 0.4% in the first quarter of 2022.
Chart of the day: Singapore has the fastest internet speed in SEA
It achieved a median fixed broadband speed of more than 150mbps.
Market update: STI up at 0.16%
HongkongLand USD had highest growth with 5.08%.
MAS unveils new measures against digital banking scams
Default transaction limit for online fund transfers must be set to S$5,000 or lower.
Singapore wholesale digital-only bank Green Link Digital Bank debuts
The wholesale bank targets micro, small, and medium enterprises.
ESR-Logos Reit’s trustee priced subordinated perpetual securities at $150m
The net proceeds of the issuance will be used to fund the merger.
No changes to STI constituents: FTSE Russell
The index was reviewed in June.
Selling prices of Pine Grove and Dunman Road may range from $2,200 to $2,400 psf
Top bids for the two sites were $1,318 psf ppr and $1,350 psf ppr, respectively.
ESG jobs demand up 257% in the last 3 years
This comes as climate change becomes included in most agendas of businesses.
Food crisis may cook up long-tail risks on Grab deliveries: Maybank
Food prices went up 19% since the start of 2022.
Why was there low interest in Bukit Merah Ridge and Ghim Moh Ascent
Application rates for the two PLH BTOs range from one to four.
IMAS rolls out e-learning module on ethical standards for investment
The module is recognised by the Institute of Banking and Finance.
PMI expands to 50.4 in May
It edged up by 0.1 point from April.
MICE industry to see robust recovery: STB
A full recovery is expected in two to three years.
Chart of the day: Retail and F&B sectors recovers in Q1
F&B, however, weakened in February and March.
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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