News
New home sales soar to a 6-month high in May with 1,356 units sold
New home sales soar to a 6-month high in May with 1,356 units sold
The May sales translate to a 105.5% jump from April.
SIA Group passengers rose by 1,325% YoY in May
A total of 1,705,200 passengers were carried in May 2022.
Singtel raises stake in Thailand’s Intouch to 24.99%
The additional 121 million additional shares were acquired for $330m.
Online card and wallet acquiring now available in Spring by Citi platform
Spring by Citi integrates online payment methods with back-office treasury management systems.
Flexible workspace demand up by 13% in 2021
There were a total of 4,595,973 firms registered last year.
Singapore is world's 3rd most competitive market
The country jumped two places from last year's ranking.
DBS adds carbon calculator in LiveBetter platform
Users can also now access a curated portfolio of carbon projects to help reach offset goals.
Chart of the Day: Singaporean youths' top financial goals
One-fifth of those aged 16 to 19 want to start a business before reaching 25.
Singapore is world's 18th best startup economy
The average ecosystem value Singapore startups create is US$89b.
Market update: STI up 0.28%
City Developments Limited posted the highest growth.
Condo rents up by almost 3% MoM in May
This marked an increase for the 17th consecutive month.
Far East Orchard to develop housing for university students in UK
The 690-bed student housing is seen to be completed by 2027.
Purpose-driven jobs top pick for career-seeking Gen Zs
Almost 40% of youths ranked meaningful work as the top factor in career choice.
Singtel’s subsidiary Optus to directly oversee its own enterprise division
The move is part of Singtel’s plan to decentralise its organisational structure.
Rising jet fuel costs, inflation offset SIA’s strong revenue
Brent price is at $174 (US$125) per barrel of crude oil.
What are the pros and cons of the proposed privatisation of Frasers Hospitality Trust?
Frasers Property Ltd (FPL) is planning to acquire all of FHT’s stapled units for $0.70/unit.
Chart of the Day: Which region contributed the most to condo resale volume in May
Volume increased by 1.6% last month.
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