News
Singapore Airlines Group sees 13.7% increase in passengers in June
Singapore Airlines Group sees 13.7% increase in passengers in June
With increased passenger volume, SIA is expected to clock in a net profit of $180m-$350m in 1QFY23.
MAS’s framework for loss-sharing for bank scam victims “taking longer than expected”
Singapore’s financial regulator expects to publish the draft framework in the coming months.
Tourism, revenge spending boost May retail sales
Sales of clothing and footwear posted strong growths.
Grade A office rents to grow around 3%-5% for 2022
Return-to-office momentum to drive higher demand for offices.
The Asian Export Awards 2022 is now accepting nominations
Submission of entries is open until 30 September 2022.
Nominations for SBR’s Made in Singapore & Designed in Singapore Awards 2022 are now open
Deadline for submission of entries is on 30 September 2022.
Prime logistics posts highest rental growth amongst industrial segments in Q2
Rents for the segment rose 7.0% YoY and 2.7% QoQ.
Chart of the day: 45% of S’poreans worry about increasing healthcare costs
Singaporeans are less worried about the cost of education increasing.
Market update: STI up 0.25%
Genting Singapore is leading the index.
Hongkong Land’s emission reduction targets get SBTi approval
It is the fourth real estate company in Hong Kong that secured approval.
SG and ADB partner up to boost investment, financing innovation in APAC
It focuses on technologies and financing skills from Singapore and the bank.
SG’s international visitor arrivals sees 12-fold boost in H122
The country welcomed 1.5 million visitors from January to June.
JC&C offers to takeover Cycle & Carriage Bintang
The company currently holds 89.994% of CCB's issued shares.
MAS renews bilateral currency swap arrangement with People’s Bank of China
The arrangement will be renewed for five more years.
Philippines’ Emperador lists on SGX main board
It aims to generate 50% of its sales from outside the Philippines by 2025.
Grade A Core CBD office rents mark fastest pace of increase since 2021
Rental growth accelerated from 1.4% QoQ in Q1 22 to 3.2% QoQ in Q2 22.
3-bedroom unit at Tomlinson Heights sells for record $10.29m
The unit measures 2,745 square feet.
Commentary
ASEAN's unity is being tested in the age of economic warfare
The real price of doing nothing: Singapore's counterfeit challenge
The intersection between AI and the Workplace Fairness Act
The adversary ecosystem Singapore boards must confront
Why Singapore’s fast payments need faster protections