News
CapitaLand unit to acquire logistics property for $18.2m in Malaysia
CapitaLand unit to acquire logistics property for $18.2m in Malaysia
The acquisition is expected to be completed in H2 2022.
ASEAN launches arrangement to hasten customs clearances processes
The arrangement will allow for higher cost savings amongst businesses, said Finance Minster Wong
OCBC appoints first-ever head of Group Data Office
MacDonald led the creation of the bank’s dedicated AI unit in 2018.
ERA Realty forms a new division specialising in luxury residential market
The division is called Luxury Homes.
Real estate agency, ERA Realty, has formed Luxury Homes, a new division that will focus on marketing Good Class Bungalows (GCBs).
Leasing volumes down, rents up for private residential homes in Q1: Savills
Leasing volumes were down by 5.1% whilst rents grew by 4.2%.
Chart of the day: Factory and warehouse leasing volume slows to 3.5% in Q1
This is way below the double-digit increase from a year before.
Market update: STI down 0.6%
Jardine Cycle & Carriage has the top growth with 3.11%.
More than half of workers won’t compromise their values for a job: study
Singapore is the top country for workers who will not compromise their values.
Singapore retains spot as 13th most expensive city for overseas workers
This is despite higher-than-average inflation of 5%.
Private housing supply under GLS programme up to 3,505 units in H2
The supply will cater to the strong housing demand.
10 most traded tech stocks averaged 3.8% gains in the past week: SGX
SGX also recorded a combined $32m of net institutional inflows.
Standard Chartered launches sustainable account solution for SG corporates
Corporates can allocate their surplus cash to support the net zero agenda.
Temasek launches investment firm to quicken global decarbonisation
GenZero will focus on decarbonisation solutions to deploy long-term capital.
CLI acquires 22-storey office tower in Melbourne
The asset is the fifth investment made by CLI in Australia within six months.
REITs ‘not out of the woods yet’ but easing of inflation offers respite
UOB Kay Hian noted the easing of US core inflation to 4.9% in April 2022.
Is URA’s Long-Term Plan Review any different from past concept plans?
Some of the ideas under the plan like the 'Long Island' were already introduced in 1991.
How will the Paya Lebar Air Base be redeveloped
The air base is set to be relocated in 2030.
Commentary
Liquidity crucial to stock market reform
From ownership to access: Unlocking vehicle productivity in Singapore
Why Singapore schools need AI policies now: A chemistry teacher’s warning