News
Property investment sales fall 48.9% QoQ to $4.8b in Q3
Property investment sales fall 48.9% QoQ to $4.8b in Q3
Knight Frank said investment activity in the investment market has turned cautious.
MAS launches $5m Asia Climate Solutions Design grant
It will fund studies on scalable blended finance solutions.
38% of consumers will spend 20% more on brands that offer conversational messaging
Amongst messaging apps, Singaporeans prefer Whatsapp to engage with brands.
SG, New Zealand ink deal on aviation maintenance, repairs to enhance safety
The agreement will also reduce duplicative regulatory audits.
For the first time since 2020, electronics employment index shrinks below 50
Contraction in new orders and exports affected electronics’ performance.
Market update: STI up 1.02%, Keppel DC Reit at the top
Keppel DC Reit led the index.
Chart of the day: Import price index drop slows in August
The non-oil index fell by 0.7% for the month against its 0.3% gain in July.
How blended finance can speed up net zero targets, MAS exec explains
Blended finance combines public and private capital to fund marginally bankable projects.
9 in 10 professionals say open finance has positively impacted the financial industry
They said it made the industry more collaborative.
HRnetGroup to acquire a majority stake in Octomate
The total consideration for the acquisition is $676,530.61.
Maybank Singapore offers fixed deposit rates up to 3.05% per annum
The offer starts at a minimum placement of S$20,000 and a 6-month tenure.
Singtel's Optus appoints Deloitte to review cyberattack
The review will include a forensic assessment.
Singlife with Aviva jacks up insurance savings crediting rates by 3% per annum
The increase in crediting rates is effective this October.
PMI contracts to 49.9 in September
It dipped by 0.1 points from August.
Chart of the day: Porfolio investments records highest external assets in IIP in Q2
Meanwhile, direct investments achieve the highest in external liabilities for the quarter.
Price increase in OCR driven by new home sales: property experts
Private home sales prices rose 3.4% in the latest flash sales.
Market update: STI down 0.74%; Jardine Matheson Holdings at the top
Jardine Matheson Holdings led the index.
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