News
SC-STS, ABS finalise key settings for MAS Recommended Rate
SC-STS, ABS finalise key settings for MAS Recommended Rate
It will serve as a contractual fallback reference rate in wholesale SOR contracts.
Inflation to hit 3.9% in 2023: survey
In March, consumers expected a 4.1% inflation for 2023.
Chart of the day: Singapore non-oil export growth slows down to 9% in June
Growth was dragged as electronic demand cools.
Market update: STI up 0.65%
DFI Retail Group generated the highest gains.
Real estate investment sales volume hits $19.1b in H122
This is already equivalent to more than 70% of 2021's total sales volume.
EMA, SIT launch 2nd grant call for new energy tech proposals
The submission deadline is on 15 October at 12 pm.
Non-landed private homes transactions rise to 25.9% QoQ in Q2
There were 5,844 units sold during the quarter.
EMA, JTC award 3 projects to test-bed clean energy tech on Jurong Island
The projects under the $6m grant which opened for proposals last year.
New private home sales crashes by 64% MoM in June
Analysts say this is the lowest since May 2020.
Exports growth moderates to 9.0% in June
In May, non-oil domestic exports grew by 12%.
Singapore Airlines Group sees 13.7% increase in passengers in June
With increased passenger volume, SIA is expected to clock in a net profit of $180m-$350m in 1QFY23.
MAS’s framework for loss-sharing for bank scam victims “taking longer than expected”
Singapore’s financial regulator expects to publish the draft framework in the coming months.
Tourism, revenge spending boost May retail sales
Sales of clothing and footwear posted strong growths.
Grade A office rents to grow around 3%-5% for 2022
Return-to-office momentum to drive higher demand for offices.
The Asian Export Awards 2022 is now accepting nominations
Submission of entries is open until 30 September 2022.
Nominations for SBR’s Made in Singapore & Designed in Singapore Awards 2022 are now open
Deadline for submission of entries is on 30 September 2022.
Prime logistics posts highest rental growth amongst industrial segments in Q2
Rents for the segment rose 7.0% YoY and 2.7% QoQ.
Commentary
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Why Singapore-based firms still underestimate the human side of doing business in North Asia