News
Revolut unveils money management platform in Singapore
Businesses can hold over 25 currencies and access over 150 more.
Temasek names new senior leaders, including MTI's Gabriel Lim
Gabriel Lim will join Temasek starting 1 October.
Capitaland Ascott Trust secures $165m OCBC 1.5°C loan
It is the first lodging trust to secure such a facility.
Lendlease Global REIT boosts NPI by 7.4% with strong mall performance
The REIT also credited NPI growth to supplementary rent from Sky Complex.
GCBC's joint liquidators sell full stake in Cordlife Group
They hold a 9.99% stake in the company.
YouBiz unveils CNY remittance corridor
Chinese and Singapore businesses can make “swift and recurring” payments.
Sembcorp's net profit up 2% despite segment declines
Net profit after exceptional items (EI) was $540m.
CSE Global bags $204.4m worth of new orders in Q2 2024
The electrification segment secured 45.4% of the total orders.
Singapore resale home market soars 41.4% in Q2 2024
This is the highest quarterly sales since Q2 2022.
Hatten Land files for judicial management
It has also proposed the appointment of Tan Wei Cheong and Lim Loo Khoon as joint judicial managers.
MTI taps Beh Swan Gin as new permanent secretary
She will replace Gabriel Lim, who is retiring after 24 years of service.
Luxury home sales rise in Q2 amidst lower rental rates
Lower luxury non-landed sales expected in H2.
F&B sales grow weaker in June
Sales rose 1.8% YoY and declined by 3.2% MoM.
Retail sales dip by 0.6% YoY in June
Excluding motor vehicles, sales would’ve suffered a deeper decline of 3.1% YoY.
Office rental growth to slow as firms downsize and competition rises
Colliers expect full-year rental growth of 2.0%
Daily Markets Briefing: STI down 4.22%; Top stock is JMH USD
JMH USD is the top stock with a 2.18% increase.
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