News
Foreign purchases of private homes soar by 102.8% in Q2
Foreign purchases of private homes soar by 102.8% in Q2
Most non-local buyers were from Mainland, China.
Auction listings soar by 47.5% QoQ to 118 in Q2
Almost half of the listings were recorded following the Fed’s interest rate hike in June.
Chart of the day: Residential sector overtakes commercial property in investment sales
Transaction volume of residential property types makes up 45% of the total volumes in Q2.
Market update: STI up 0.02%
CapitaLand Investment posted the most growth.
Inflation picks up to 6.7% in June
It accelerated due to higher private transport, and accommodation inflation.
DBS issues $107m (HKD210m) 3.47% notes due in 2024
The notes will be listed in the bonds market on 26 July.
CICT appoints new members of the board, board committees
The new set of designations will take effect on 25 July.
DBS vs OCBC: Which bank will post a higher net profit in Q2?
According to UOB Kay Hian, both banks' net profits will decrease.
Schroders, Conservation International invest in SG firm to speed up climate solutions
Akaria Natural Capital will deploy capital from 15 to 20 projects.
Why buyers swarmed to secure a unit at AMO Residence?
The project sold over 98% of its units on the first day of its launch.
Outside Central Region’s (OCR) first major new launch, AMO Residence, was swarmed by buyers during its first day.
Wong warns of major challenges amidst rise of gig and remote work
NTUC will need to reinvent itself to address these challenges, says the DPM.
SGX net profit to grow by 8.6% YoY
Driving growth in the bourse is the forex and commodity segment.
Chart of the day: Unsold private residential units increases in Q2
A total of 2,682 units were completed in Q2 2022.
Market update: STI up 0.86%
Genting Singapore posted the highest growth.
Tech sector likely to face margin erosion, analyst warns
Rising operation costs might drag the sector down, according to RHB.
HDB sales dips 3.5% YoY in Q2 22
Quarter-on-quarter, it fell by 1.7% in the second quarter of 2022.
Singapore has a ratio of 1 hospital for more than 220,000 Singaporeans
It has the lowest hospital versus population ratio amongst 33 developed countries.
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