News
Singaporean's use of credit cards for cross-border shopping declines by 11%
Singaporean's use of credit cards for cross-border shopping declines by 11%
It is still, however, the most used payment method when shopping outside SG.
Singapore’s wealthiest may be taxed more: DPM Wong
The government is gearing up to help lower-income households deal with inflation, reports Bloomberg.
SingPost consulting advisors to defend itself in arbitration case
This after the accuser recently filed his statement of claim in the case.
Export growth moderates to 7.0% in July
In June, non-oil domestic exports grew by 8.5%.
Chart of the day: Leasing volume for factory, warehouses down 10.4% in Q2
It ended the seven consecutive quarters of increase since 2020.
Commodity derivatives volume reaches four-month high
The Singapore Exchange recently released its market statistics for July.
Market update: STI down 0.15%
SATS logged the highest growth with 2.95%.
Metaverse could generate up to $5t by 2030: McKinsey
Adoption by the e-commerce industry will be the largest driver.
Conservation shophouse in District 1 launched for sale
It will be sold via private treaty.
Netlink NBN Trust's profit rises 11.3% YoY to $27.6m in Q123
The stronger profit was on the back of its higher revenue.
Keppel O&M acquires $3.9b FPSO vessel contract from Brazil oil firm
The vessel is targeted to be completed in over four years.
SIA Group's passenger traffic crosses 2 million mark in July
It's the airline's first time carrying over two million passengers since the pandemic.
SMF, shipping firms tie up to improve maritime jobs’ attractiveness
The roles of technical superintendent and vessel operator will be redesigned first.
SPH REIT adds three members to its board
The new members began their duty on 15 August.
ThaiBev and Frasers Property establishes a joint venture firm in Thailand
The two firms are currently eyeing an $84.27m investment deal.
Ascott Residences Trust reveals $150m private placement
It will benefit its stapled security holders.
Quiet developer sales expected in August due to Lunar 7th month
The market rebounded in July, increasing 70.9 month-on-month.
Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform