News
Total merchandise trade up 28.1% in Q2 22
Total merchandise trade up 28.1% in Q2 22
This followed the 20.8% growth in the previous quarter.
Investors to get better assurance from Singapore despite macroeconomic woes
Economy grew by 4.8% year-on-year in the second quarter of 2022.
Chart of the day: OCR logs largest volume for condo resale in July
The highest resold condo in the region cost $3.4m
Market update: STI up 0.37%
ThaiBev had the most growth for the day.
Maybank enables Singapore, Malaysia card users to link with ApplePay
This includes users of Mastercard and Visa credit, debit, and prepaid cards.
One Clapham Junction open for sale: Savills
The launch event is from 13 to 14 August.
Commercial real estate investment soar 74% YoY to US$5.6b in Q2
Singapore had the strongest performance amongst APAC markets.
Singapore beat other APAC markets in terms of commercial real estate investment volume in Q2, a report from MSCI Real Assets unveiled.
OCBC enables direct CPF account top-ups from digital app
This makes OCBC the first bank to enable this outside of the CPF website.
Chart of the day: Condo resale volumes falls 30.7% in July
Only 1,248 units were resold in July, a decrease of 6.7% from June.
Investor performance for semiconductor giants ‘strong’ in July
Investors are also seeing an opportunity in Taiwan Semiconductor Manufacturing Company.
Condo resale prices rise 1.2% MoM in July
This marks the 24th straight month of price increase for the market.
PropNex Limited's net profit drops 17.1% YoY to $28.3m in H122
The decline was on the back of its marginally lower revenue.
Massive NIM expansion backs increase of DPS in 2023: analyst
DBS, OCBC, and UOB posted expansion in the second quarter (Q2) of 2022.
Fullerton Health completes RRJ Capital-led merger
This came after the healthcare provider reached a settlement with two ex-directors.
STB, Klook seek to put SG as leading destination for SEA travellers
The partnership will boost travel recovery across the region.
Tripartism must be enhanced for new employment models: Tan
Under tripartism, union, government and employers must collaborate.
Parkway Life REIT's net income rises 1.1% to $56.0m in H122
The increase was driven by higher rents from its Singapore properties.
Commentary
When it comes to AI, there is no such thing as too many chefs
The agility trap: Why most Singaporean businesses are structured for stability, not speed
Building a Southern Malaysia supply chain ecosystem for Singapore’s advanced manufacturing
Failed talks, rising costs: Why Singapore still feels the shock of Middle East tensions
How Singapore consumer brands can build strong supply chains amidst rising input costs
Singapore’s AI ambitions will rise or fall on infrastructure
Why a clear digital roadmap is essential for business success
Singapore’s port model is under pressure as shipping disruptions reshape trade
The trust tax: Navigating the ‘sophistication shift’ in Singapore’s digital economy
Conflict, costs, and construction: Where can margins still be saved?