News
Experts expect economy to grow 4.8% in Q2
The full-year growth forecast was lowered to 3.8% from 4%.
ADDX accepts crypto assets of accredited investors
It is the first financial institution to do so in Singapore.
'Sandwich gen' has knowledge gaps in intergenerational wealth transfer
They also do not have enough knowledge of succession planning.
ADA buys SingPost unit in APAC expansion
The company currently operates in Malaysia, Singapore, and 8 other markets in the region.
Nearly 6 in 10 Singaporeans rate employers as ‘average’ in upholding values
The majority of workers find the values of the company as important.
Yanlord Land contracted pre-sales drops 70% in first five months
The contracted gross floor area during the period amounted to RMB1.135b.
CapitaLand unit to acquire logistics property for $18.2m in Malaysia
The acquisition is expected to be completed in H2 2022.
ASEAN launches arrangement to hasten customs clearances processes
The arrangement will allow for higher cost savings amongst businesses, said Finance Minster Wong
OCBC appoints first-ever head of Group Data Office
MacDonald led the creation of the bank’s dedicated AI unit in 2018.
ERA Realty forms a new division specialising in luxury residential market
The division is called Luxury Homes.
Real estate agency, ERA Realty, has formed Luxury Homes, a new division that will focus on marketing Good Class Bungalows (GCBs).
Leasing volumes down, rents up for private residential homes in Q1: Savills
Leasing volumes were down by 5.1% whilst rents grew by 4.2%.
Chart of the day: Factory and warehouse leasing volume slows to 3.5% in Q1
This is way below the double-digit increase from a year before.
Market update: STI down 0.6%
Jardine Cycle & Carriage has the top growth with 3.11%.
More than half of workers won’t compromise their values for a job: study
Singapore is the top country for workers who will not compromise their values.
Singapore retains spot as 13th most expensive city for overseas workers
This is despite higher-than-average inflation of 5%.
Private housing supply under GLS programme up to 3,505 units in H2
The supply will cater to the strong housing demand.
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