News
Sutton Place up for collective sale at $285m
It will be sold by way of a public tender.
Manulife net income down to $1.1b in Q2
Core earnings also fell 9% year-on-year during the quarter.
Economy grows at faster pace in Q2
It grew 4.4% from 3.8% in Q1.
Total merchandise trade up 28.1% in Q2 22
This followed the 20.8% growth in the previous quarter.
Investors to get better assurance from Singapore despite macroeconomic woes
Economy grew by 4.8% year-on-year in the second quarter of 2022.
Chart of the day: OCR logs largest volume for condo resale in July
The highest resold condo in the region cost $3.4m
Market update: STI up 0.37%
ThaiBev had the most growth for the day.
Maybank enables Singapore, Malaysia card users to link with ApplePay
This includes users of Mastercard and Visa credit, debit, and prepaid cards.
One Clapham Junction open for sale: Savills
The launch event is from 13 to 14 August.
Commercial real estate investment soar 74% YoY to US$5.6b in Q2
Singapore had the strongest performance amongst APAC markets.
Singapore beat other APAC markets in terms of commercial real estate investment volume in Q2, a report from MSCI Real Assets unveiled.
OCBC enables direct CPF account top-ups from digital app
This makes OCBC the first bank to enable this outside of the CPF website.
Chart of the day: Condo resale volumes falls 30.7% in July
Only 1,248 units were resold in July, a decrease of 6.7% from June.
Investor performance for semiconductor giants ‘strong’ in July
Investors are also seeing an opportunity in Taiwan Semiconductor Manufacturing Company.
Condo resale prices rise 1.2% MoM in July
This marks the 24th straight month of price increase for the market.
PropNex Limited's net profit drops 17.1% YoY to $28.3m in H122
The decline was on the back of its marginally lower revenue.
Massive NIM expansion backs increase of DPS in 2023: analyst
DBS, OCBC, and UOB posted expansion in the second quarter (Q2) of 2022.
Commentary
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Green shipping's future: Strategic partnership between public and private finance
The great Singapore family business transition: Why legacy companies are choosing sales over succession
Why SG60 must mark a cybersecurity turning point
What the global financial crisis can teach Singapore about decision-making today
Singapore is ready for EVs, but the industry needs to catch up
Navigating public–private collaboration in Singapore’s health tech and life sciences landscape