News
Inflation picks up in May at 5.6%
Inflation picks up in May at 5.6%
It accelerated due to higher private transport, food, and services inflation.
Ireit Global gets 12-year lease at Sant Cugat Green
The new lease is over 5,300 square metres of vacant data centre space.
Singapore ranks 8th in Digital Cities Index 2022
It’s amongst the four Asia Pacific cities which entered the top 10.
Pair of 4-storey buildings at Balestier on sale
The pair of buildings is worth $15.3m.
Chart of the day: May condo rents rise by 2.8% MoM
This is the seventeenth consecutive month that rents have increased.
Singapore vows to contribute $13.8m in World Bank’s health crisis fund
The fund will help countries prepare for future health crises.
Market update: STI down 0.58%
Jardine Matheson Holdings was the top firm for the day.
Non-tech graduate but with coding training? You're still hired!
Majority of businesses are open to hiring those who lack tech experience.
200 Bukit Timah Road up for sale for $20m
The sale will be conducted via an expression of interest exercise.
CLI puts up first onshore RMB fund in China, acquires Shanghai office
It will hold a 12% stake in the RMB700m (S$144m) fund.
DBS grants A$295m green loan to GIC
It is DBS’s first AUD-denominated green loan.
Alternative lending startup Helicap bags $6.94m in new funding round
The round was led by Temasek-backed Tikehau Capital.
Inflation prompts gov’t to provide $1.5b support package for vulnerable groups, businesses
Individuals and households will get a goods and services tax voucher (GSTV) of up to $300 cash.
Public tender for High Point to close on 28 July
The property was relaunched for sale in March with a guide price of $550m.
29% of organisations say data storage costs hamper digital transformation
Organisations had to delete data which could have been used to create business value.
Ferry service between Singapore and Desaru, Malaysia approved
Ferry service opening is still pending with Malaysian port leaders.
SC-STS welcomes LCH’s clearing extension for OTC SORA derivatives
The central clearing was extended from 21 years to 31 years.
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