News

Maybank Singapore unveils CPF time deposit for 2.9% per annum

Maybank Singapore unveils CPF time deposit for 2.9% per annum

They must allot at least S$20,000 from their CPF ordinary accounts to the time deposit account.

3 strata food factory units at Pandan Loop for sale

Expression of interest ends on 27 February at 3 pm.

Gov’t to introduce enhancements to Standard Consultancy Agreement

The changes will maintain fair and timely pay for consultants in public-sector projects, amongst others.

Frasers Property rolls out waste valorisation system in 5 of its malls

There is potential to upscale its implementation by 2025.

Wilmar affirms zero tolerance for corruption after Chinese unit denies involvement in oil fraud

Yihai Kerry’s subsidiary has denied involvement in fraud causing $976.8m state enterprise loss.

Nearly half of Singaporeans expect inflation to decline: DBS, SMU survey

They cited the slowdown of global growth as the main driver for inflation to decline.

New home sales tumble to near 15-year low in December 

The December sales fell 83% MoM to 135 units. 

Singapore Airlines Group’s passenger volume rises 24.4% YoY in December

SIA and Scoot carried around 3.3 million passengers during the month.

How much have EC land rates risen over the past 10 years?

The highest EC land rate recorded was $721 pst ppr for Tampines St. 62 (Parcel B).

Daily Markets Briefing: STI up 0.24%; Top stock is JMH USD

JMH USD is the top stock despite a 0.322% decline.

9 in 10 C-Suite leaders expect a faster rate of change in business environment

Only a few of them are fully prepared to respond to changes in a business environment.

SG emerges as amongst preferred overseas education destinations of parents from China and HK

One in six parents plan to send their child to study in Singapore or Japan.

Singapore now has S$3.2b in funds ‘locked’ to prevent scams: ABS

Around 38,000 accounts now make use of local banks’ money lock feature.

Singapore ranks 8th in the list of counties with top tech funding in 2023

The country raised US$4.6b ($6.1b) in funding this year.

Cromwell EREIT’s portfolio valuation dips 1.5% in 2H23

In 2H23, the REIT recorded a gross valuation fair value loss of 2.9%.