News
Here’s why August sales broke the record for million-dollar HDB resale flats
Here’s why August sales broke the record for million-dollar HDB resale flats
A total of 54 HDB resale flats were sold for at least $1m during the month.
Chart of the Day: How confident are board members in handling cybersecurity threats?
Singapore is the third-most confident when it comes to cybersecurity decision-making.
Daily Markets Briefing: STI up 0.12%; ThaiBev is top stock
Thai Beverage increased by 2.61%.
Singapore’s investment sales see 50.7% dip in Q2 2023
Jeremy Lake of Savills Singapore points out the challenges amid high interest rates, but stays cautiously optimistic for property sales trajectory.
Almost eight out of 10 board members in SG perceive generative AI as a security risk
Despite being positioned as a cybersecurity advocate, board members in Singapore feel the last prepared.
Singapore could be affected by increasing rice prices
The El Nino and India’s non-basmati rice ban contributed to the price increase.
Guotai Junan Futures enters Singapore’s derivatives market
It is the sole futures and derivatives platform of Guotai Junan Securities in Singapore.
Hotel room rates for the Singapore Grand Prix shoot up to $880
Compared to 2022, room rates have risen by 27%.
What can weigh down Singapore's financial market?
Economists cited three factors.
Freehold 5-storey shophouse along Hongkong Street on sale for $47.5m
There will be no ABSD or SSD imposed on the property transaction.
Combined wealth of Singapore’s richest climbs 8% YoY to US$177b
Meta Platforms’ co-founder, Eduardo Saverin, is Singapore’s richest person.
HDB resale prices rise 7.2% YoY in August
Month-on-month, prices rose by 0.6%.
Tax revenue up 13.1% YoY in FY22/23
The government collected $68.6b in tax revenue for the period.
Over $4b in grants distributed to businesses, workers: IRAS
More than 120,000 enterprises received grants from the agency.
Retail sales flatline in July but expects rebound in H2
However, outside factors like negative job market conditions could put a drag on its growth.
Chart of the Day: SG’s prime rent for luxury lettings eases to 24.5% in Q2
The city has the highest rental value in the index.
Daily Markets Briefing: STI down 0.12%; Hongkong Land is top stock
Hongkong Land saw a 1.41% increase.
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