News
LHN Group unit to acquire Arab Street property for $6.4m
LHN Group unit to acquire Arab Street property for $6.4m
The group plans to operate the property as a co-living space.
Gov’t to set up alliance to upskill maritime workforce on cybersecurity, green financing
This will entice and retain talent in the maritime sector.
Is investment in manufacturing and industrial firms shrinking?
A survey showed that investors are down weighting on industrials.
Chart of the day: Vacancy stock resumes rise in Q2
The increase in vacancy stocks was attributed to a large number of completions.
UK tech firms target regional expansion in Singapore
They aim to use the UK-Singapore Digital Economy Agreement for their expansion.
Consumer price index up 7.5% in August
Transport prices were over 20% higher than a year ago.
Singapore snags crown as Asia’s top financial centre
The city-state replaces Hong Kong as the number one in the region.
Grab, Sembcorp installs 182 solar panels at SATA CommHealth Headquarters
The installation is part of Grab’s Green Programme.
ST Engineering’s profit to grow up to 17% in 2023-2024: RHB
Thanks to the company’s strong order book.
Singtel's Optus hit by cyberattack
The attack is already being investigated.
SLA raises land betterment charge rates
Rates will increase for lands used for commercial, residential, and industrial.
Private new home sales plummet 48% to 437 units in August
This marks the lowest monthly sales in two years.
Investors cautioned against Fed’s decision to raise interest rates: broker
This as Fed’s reported to raise interest rates by 75 basis points (bps).
Chart of the day: More board seats for directors with CEO experience
CTO and CIO experienced directors are not frequently given seats at the table.
Market update: STI up 0.04%, Yangzijiang Shipbuilding at the top
Yangzijiang Shipbuilding is still the top stock.
SGX-listed Digital Core REIT to buy stake in Frankfurt, Dallas data centres
Number of acquisitions will depend if REIT pursues a fundraising.
Gov't extends 4% floor rate for SMRA interest until 2023
The extension will allow CPF members to further grow their savings.
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Commentary
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