News
OCBC becomes first Southeast Asian bank to adopt Poseidon Principles
OCBC becomes first Southeast Asian bank to adopt Poseidon Principles
The framework aims to accelerate the decarbonisation of the shipping sector.
New private home sales reach record-high of 1,547 in November
This was the strongest November sales in 10 years.
Condo rents up 1.1% MoM in November
HDB rents also increased by 0.8%.
Singapore labour market down by 2,400 workers in Q3 2021
This was a slower decline, compared to the 16,300 previously.
MAS proposes due diligence requirements for CF advisers
The central bank listed three in its proposal.
Market update: STI down 0.25%
ComfortDelGro had the most growth for the day.
NTUC Income’s BIX onboard UOB Asset Management’s digital advisory service
UOBAM Invest is the first partner to be onboarded in the BIX platform.
STI to reach 3,500 in 2022: UOB Kay Hian
The bullish forecast is attributed to the strong GDP growth in 2021.
SLA partners with top 5 property agencies for OneMap
The project aims to innovate Singapore's geospatial information data.
SG retail sales 6.5% lower than 2019: Fitch
It reflected the struggle to return to pre-pandemic levels.
ComfortDelGro enroute to being UK’s second largest coach operator
This is following a $15.84m deal with Stagecoach Group.
Sembcorp Marine enters into contract with Bechtel
The agreement targets module assembly of the second LNG train.
DBS Bank adds 7 beneficiaries of ‘Adopt-A-Hawker Centre’ programme
Currently, the bank supports three hawker centres under its group-buy scheme.
Market update: STI up 0.35%
CapitaLandInvest had the most growth for the day.
Condo resale prices up 0.8% in November
New projects delays and homeowners cashing in on the housing boom drove up sales.
CLD acquires prime site for large-scale residential project in Vietnam
Over 3,700 homes will be developed for 13,000 units in Binh Duong New City.
Only 11 new housing projects anticipated for 2022: PropertyGuru
But the outlook for the property sector remains positive for the coming year.
Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform