News

Market update: STI down 1.16%; Emperador Inc is top stock

Philippines' Emperador is leading at the index.

MAS names Gillian Tan as new chief sustainability officer

Tan will lead the sustainability group for tighter coordination of MAS’ sustainability initiatives

Property investment sales decline 33.4% QoQ in Q3

Higher interest rates and global political uncertainties affected investment sales.

Investor movement index decline due to ‘volatile’ market in September

Online broker said the index for Singapore clients went down 4.14%.

Meyer Park relaunched for sale with a reserve price of $420m

The tender for the property will close on 2 November.

Commercial investment sales down 64.6% QoQ to $718.4m in Q3

This is due to the lack of major transactions during the period.

SGX reports all-time-high for derivatives volume, FX in September

Securities market turnover value increased by 6% MoM.

Singapore Airlines adopts analytics tool for fuel optimization

Doing so can derive fuel savings of up to 5% during climb-out on each flight.

ComfortDelGro Singapore rail ridership back at 88% pre-COVID-19 levels

The firm managed to raise the commission rate for app bookings to 5%.

Rental growth for prime logistical properties expected to moderate in 2023

Occupiers are more cautious in expanding due to ongoing global conflict.

Auctioned properties sold reached $48.92m in first 9 months of 2022

The number of properties sold increased by 19.23% compared to last year.

Shophouse transaction volume drops 49.3% QoQ in Q3

Despite lower volume, transaction value rose 31.6% QoQ to $330.1m.

Are S-Reits with exposure to Europe safe from Euro depreciation?

UOBKayHian advises to maintain buy for six Reits whilst hold for one Reit.

Market update: STI down 0.7%; YZJ is top stock

Yangzijiang Shipbuilding is top performer.