News

ST Engineering Aerospace bagged contracts worth $510m in Q2

Contracts covered heavy maintenance to engine wash and aircraft interior reconfiguration.

Medicine sector to bolster SingPost's e-commerce business

Hospitals and polyclinics have started offering medication delivery and pickup last year.

Low developer sales in June marks calm before the storm: analysts

Developer sales plunged by 43.92% to 706 units following cooling measures.

SIBOR to buoy banks from slow home loan growth

Every 10bps rise in the SIBOR could offset a 1ppt slowdown in loan growth.

Casa Meyfort bought at price 3-4% higher than nearby properties

Its location and redevelopment plans could make the buy worth it.

8 in 10 Singaporeans want to try living abroad

Majority of healthcare and tech workers want to work away from home.

Developer sales plunged 43.92% to 706 units in June

Buyers are holding back to compare projects before making a decision.

Were SPH REIT's rents hit by occupancy costs?

Management was mum on rents as overall rental reversion was -6%.

Singapore asset management firm Golden Equator Capital co-leads $120m funding for SEA tech companies

A proportion of the fund is reserved for Korean firms looking for SEA expansion via Singapore.

Inflation expectations for next year down to 3.11% in June

The slight tightening of Singapore’s monetary policy shaped expectations of cheaper prices.

Chart of the Day: Home property assets fall whilst mortgage loans stay up

Home assets as part of total household assets have fallen from 50.5% to 44% in 7 years.

ST Engineering wins maintenance contract for 62 Japan Airlines planes

It already provides airframe maintenance services to the airlines.

$17m of Xiaomi warrants traded at launch

Call warrant MPAW at HK$20 was the most traded for the week.