News
Yanlord Land Group’s subsidiary grated with $500m loan facility
The facility has a five-year term.
ST Engineering, NTU launch Singapore's first EV park and charge system
The system would benefit EV owners and address the problem of using multiple parking and charging platforms.
SIAEC’s net profit dips 1.2% YoY to $66.4m in FY22/23
Despite the decline, the company proposed a final dividend of $0.55.
HDB introduces flat eligibility letter
It will replace the HDB Loan Eligibility letter.
Daily Markets Briefing: STI down 0.27%; Jardine Matheson highest stock
Jardine Matheson Holdings is at the top.
Large caps dominated stock index in April: UOB Kay Hian
The alpha picks portfolio improved in the stock index last month.
Chart of the Day: Rental growth of Grade A offices to be subdued in 2023
Rents will grow 2% YoY in 2023, according to Savills.
Make clear plans to train local talent first before SOL inclusion, industries told
Manpower Ministry said the list is not the sole strategy to address the talent gap.
Upward trend of COE prices seen due to rising earnings and ‘zero vehicle’
In April, COE prices for Category A cars went up by $7,503.
Net take-up for CBD Grade A office space down 471,000 sq ft in Q1
Its vacancy also increased 7.4% amidst rising economic challenges.
LTA to increase COE quota of non-electric cars to 10,431
The adjustment would expand the total quota to 10,431.
Yanlord Land contracted pre-sales doubles to S$810m in April
The city of Suzhou contributed the highest with S$407m.
DBS imposed with $1.6b additional capital requirements for service disruptions
Total additional regulatory capital has now reached about S$1.6b (US$1.2b).
Landmark receives payment license in Singapore
It began its operations after acquiring the license.
Food and beverage sales go up 17.8% to $956m in March
Food caterers have sizeable sales growth, with 80.1%
This startup’s clinic software is the first to be fully compatible with HealthierSG
Galen Health is one of the vendors that joined HealthierSG’s SmartCMS Programme.
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Commentary
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