News

Market Update: STI up 0.29%

Market Update: STI up 0.29%

The Straits Times Index closed 0.29% higher to 3,120.28 on 21 July, Wednesday.

7 out of 10 executives plan to adopt hybrid work setup: KellyOCG

However, they should focus on providing support to their employees in this work arrangement as well as prioritise the use of technology.

Office rents to improve by H2: Knight Frank

Prime grade office rents continued their decline in the second quarter.

Zensung, ERGO, Munich Re to launch ‘GO GREEN’ insurance policy

It will be delivered through the “Parrot” mobile application and policyholders can monitor their trips and CO2 emissions. 

You only get one shot: 60% of Singaporeans drop bad apps after first use

Three in five Singaporeans say brands are responsible for their bad app services regardless of the issue.

Ascott reaches over 40% YoY unit growth

The wholly-owned subsidiary of CapitaLand secured more than 8,300 units across more than 30 properties from January to July 2021.

Sembcorp launches solar-powered EV charging hub

The hub will be opened for public use by 2022.

IT leaders make the best CEO candidates: survey

More than 70% of Singaporean firms believe IT leaders are better equipped to assume CEO roles compared to other department heads.

Mapletree Logistics Trust net property income climbs 21.3%

Its portfolio occupancy improved to 97.8% as of end-June.

Temasek, Nanofilm enter $140m hydrogen venture agreement

The two firms will establish Sydrogen to develop solutions using hydrogen.

Market Update: STI down 1.28%

CapitaLand gains whilst CapitaLand Integrated Commercial Trust registers losses.

Chart of the day: Inflation expectations stay flat at 2.7%

Singaporeans expect prices for household durables & services to have picked up in the second quarter.

Great Eastern launches first green life insurance product in Singapore

The insurer will donate S$1,000 for every S$1m raised from GREAT Green SP proceeds.

Gov’t OKs wage increases, annual bonus for L&E technicians

Around 1,300 lift and escalator technicians will be covered by the Lift & Escalator Progressive Wage Model.

Singapore tops tech innovation hubs global ranking: KPMG survey

Six of the 10 leading technology innovation hub cities outside the Silicon Valley were from APAC.

Real estate investment volume grows by 44.5% in Q2

The residential market posted a strong performance whilst retail continues to struggle.