News

MAS grants Atome in-principle approval to be a Major Payment Institution

Atome can now perform regulated payment services in Singapore.

Singtel's first-half net profit rises 23% YoY to $1.17b

The company's partial divestment of its stake in Airtel helped boost its profit.

Should AdventTopco acquire GfK? CCCS seeks public feedback

The proposed sale will combine GfK and NielsenIQ.

Condo prices set to increase but slowly, analyst says

This is due to fresh condo projects having finished construction.

Chart of the day: 30-year leasehold property price increases quickened to 0.9% QoQ

60-year leasehold and freehold properties also showed increases.

Interest rates will be Singapore banks’ boon and bane through 2023: analyst

It’ll benefit them over the next three quarters, but asset quality may deteriorate after.

Increase in rental demand linked to COVID-19 related construction delays: Desmond Lee

The delays led to a demand for temporary accommodation.   Minister for National Development Desmond Lee said COVID-19-related construction delays to residential development projects played a part in the increase in rental demand in recent quarters.

IMDA, Huawei launches start-up incubator

The programme covers start-ups in the preseed and seed space.

HDB rents rise 1.8% MoM in October

By room type, Executive saw the highest rent increase.

Condo rents climb 2.7% MoM in October

Across sub-markets, RCR saw the highest rent increase.

First REIT's net property income jumps 40.1% YoY to $79.08m in 9M22

The increase was due to the contributions from acquisitions in Japan.

American Express appoints Marlin Brown as Singapore Country Manager

He was recently the country manager for Thailand.   American Express has named Marlin Brown as its new Singapore Country Manager.