News
Manufacturing output dips 10.5% MoM in August
Manufacturing output dips 10.5% MoM in August
Excluding the biomedical manufacturing segment, the output would’ve fallen by 16.6% MoM.
Singapore dominates other SEA markets in cross-border e-commerce trade
Its total export is at $625b (US$457b).
Keppel REIT designates a new chief financial officer
Sebastian Song offers two decades of experience in finance and audit.
Daily Markets Briefing: STI fell 0.01%; The top stock is HongkongLand
HongkongLand traded 1.17% up.
Equity issuances up 45% YoY in 9M23
All equity and equity-related issuances in 9M23 raised US$2.9b.
Limited supply, back-to-office momentum boost Core CBD Grade A office rents
Grade A office buildings in the CBD saw positive net absorption of 0.11 million sq ft in 3Q23.
Man jailed and fined over illegally hiring an Immigration offender: MOM
It is an offence under the foreign employment law in Singapore.
More than 70,000 jobhunters want a career in retail: job portal
It exceeded 2019 levels for retail job applications.
Singapore learners’s demand growing in AI skills and STEM education: study
AI and machine learning developments are in demand for learners.
Singlife’s rebranded investment platform allies with BlackRock to produce tri-offering
More investment solutions are to be expected in the coming months.
Condo resale volumes rise by 3.0% MoM in August
Over 800 units got resold during the month.
New framework catapults Singapore’s insurance sector resilience: S&P Global Ratings
Although the framework could raise operational costs, it will run some benefits.
Singlife inks deal with AIC, Homage for long-term care
Singapore is currently facing the challenge of rapid aging.
Condo resale prices increase by 1.0% YoY in August
Across submarkets, OCR posted the highest year-on-year price increase.
Standard Chartered boosts cash management offering with multibank connectivity service
It offers real-time visibility, access, and control of cash holdings to companies.
4 shophouses in mature HDB estates up for sale
Knight Frank will conduct its sale via an expression of interest (EOI) exercise.
Singapore named Asia’s top fintech hub, fourth globally
The Lion City attracted the highest level of VC investments, offering regulatory stability.
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