News
ZALORA, adidas partner to launch pop-up store in Singapore
ZALORA, adidas partner to launch pop-up store in Singapore
The store in Bugis Junction is open from 3 to 12 August.
Possible S$4b Mercatus acquisition to fortify CICT’s defenses
CICT will likely embark on an equity fund-raising if its bid is successful.
Employment ‘more robust’ in Q2: MoM
The employment rate likely expanded by 1.9% during the quarter.
Chart of the day: Industries that will ramp up hiring activities in Q3
Eight out of 11 industries predict double-digit growth for Q3.
Market update: STI up 0.92%
Top gainer is Jardine Cycle & Carriage with 5.04%.
ESR-Logos Reit sells Pandan Logistics Hub above valuation
The logistics hub will sell for $43.5m.
One in 2 businesses won’t survive beyond 6 months if high costs, low sales persist
Top factors for rising costs are higher logistics.
Shophouses, residential building up for tender on 2 August: PropNex
Tender sales for the properties will close on 9 and 7 September, respectively.
Over 25,000 nurses to receive special payment
It will be between 1.7 and 2.1 months of their base salaries as of 1 December 2022.
Ascendas India Trust net property income climbs 8% in H1
Its net property income stood at $103.3m.
SG, India stock exchanges launch trading platform for Nifty equity derivatives
Amongst those onboarded in the platform include OCBC Securities Private Limited.
Keppel O&M delivers its first new build LNG-fuelled container ship to the US
The M/V George III was delivered to Pasha Hawaii.
Liveable, sustainable cities needed in post-pandemic era: gov’t
This was delivered during the World Cities Summit Mayoral Lunch 2022.
MAS, IFSCA sign MOU to strengthen supervisory cooperation of financial services
The MOU was signed in the presence of India’s prime minister Narendra Modi.
How high do business sectors expect their revenue to jump in Q3
One sector expects its operating receipts to increase by 55%.
Changi Airport’s passenger traffic up 14 times in Q2 2022
The Q2 traffic is 43.6% of the airport's pre-COVID levels.
Starhill Global REIT’s NPI jumps 7.6% YoY to $75.1m in FY21/22
The cessation of rental rebates in Malaysia contributed to the increase.
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Commentary
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Liquidity crucial to stock market reform