News
3 motivations pushing the wealthy to sustainable investments
3 motivations pushing the wealthy to sustainable investments
About 24% of investors have more than 15% of sustainable investments in their portfolio.
Deal making activity down 33.7% YoY in first nine months: report
Overall mergers and acquisitions reached $127b (US$13.8b) year-on-year.
Gov’t may consider an outright ban on fossil-fueled vehicle sales
The government said it will only cease new diesel car and taxi registrations.
Developers may reassess bids for enbloc sites due to revised LBC rates: analyst
The revised rates is from 23 September 2022 to 28 February 2023.
Chart of the day: Biomedical segment boosts manufacturing output in August
Manufacturing output grew by 2% in August.
Market update: STI down 1.27%; SATS is top stock
SATS led the index.
Manufacturing output up 0.5% YoY in August
It is down 1.2% YoY if biomedical manufacturing is excluded.
No 'double move' expected from central bank: analyst
This is due to the increasing likelihood of a technical recession.
MPA, partners form Alliance for Future Maritime Talent
The alliance aims to equip the maritime workforce with new skills as the industry transforms.
LHN Group unit to acquire Arab Street property for $6.4m
The group plans to operate the property as a co-living space.
Gov’t to set up alliance to upskill maritime workforce on cybersecurity, green financing
This will entice and retain talent in the maritime sector.
Is investment in manufacturing and industrial firms shrinking?
A survey showed that investors are down weighting on industrials.
Chart of the day: Vacancy stock resumes rise in Q2
The increase in vacancy stocks was attributed to a large number of completions.
UK tech firms target regional expansion in Singapore
They aim to use the UK-Singapore Digital Economy Agreement for their expansion.
Consumer price index up 7.5% in August
Transport prices were over 20% higher than a year ago.
Singapore snags crown as Asia’s top financial centre
The city-state replaces Hong Kong as the number one in the region.
Grab, Sembcorp installs 182 solar panels at SATA CommHealth Headquarters
The installation is part of Grab’s Green Programme.
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