News
Sembcorp Industries' Myanmar subsidiary unharmed by foreign law repayment halt
Its power plant continues to run whilst employees are safe.
Keppel Corp to co-develop green field data centre in Beijing for $292.0m
This marks the company’s sixth project in China’s data centre market.
Sembcorp Marine secures contract for Australian energy company
The contract is to build and install a gas topside.
CBD, Grade A office rents grew 1.8% QoQ in Q2
Rents were at $11.10 per square feet in the second quarter of 2022.
Sembcorp Industries expects ‘materially higher’ financial results in 1H22
Its conventional energy segment drove better results for the company.
SC-STS, ABS finalise key settings for MAS Recommended Rate
It will serve as a contractual fallback reference rate in wholesale SOR contracts.
Inflation to hit 3.9% in 2023: survey
In March, consumers expected a 4.1% inflation for 2023.
Chart of the day: Singapore non-oil export growth slows down to 9% in June
Growth was dragged as electronic demand cools.
Market update: STI up 0.65%
DFI Retail Group generated the highest gains.
Real estate investment sales volume hits $19.1b in H122
This is already equivalent to more than 70% of 2021's total sales volume.
EMA, SIT launch 2nd grant call for new energy tech proposals
The submission deadline is on 15 October at 12 pm.
Non-landed private homes transactions rise to 25.9% QoQ in Q2
There were 5,844 units sold during the quarter.
EMA, JTC award 3 projects to test-bed clean energy tech on Jurong Island
The projects under the $6m grant which opened for proposals last year.
New private home sales crashes by 64% MoM in June
Analysts say this is the lowest since May 2020.
Exports growth moderates to 9.0% in June
In May, non-oil domestic exports grew by 12%.
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.
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