News
MAS renews bilateral currency swap arrangement with People’s Bank of China
MAS renews bilateral currency swap arrangement with People’s Bank of China
The arrangement will be renewed for five more years.
Philippines’ Emperador lists on SGX main board
It aims to generate 50% of its sales from outside the Philippines by 2025.
Grade A Core CBD office rents mark fastest pace of increase since 2021
Rental growth accelerated from 1.4% QoQ in Q1 22 to 3.2% QoQ in Q2 22.
3-bedroom unit at Tomlinson Heights sells for record $10.29m
The unit measures 2,745 square feet.
Will higher oil prices bode well for SG's oil-related stocks?
Oil prices have risen 37% in 2022.
Chart of the day: S’pore is 3rd most likely to spend on shopping events
Singaporeans are top spenders on Single’s Day, second only to China.
Market update: STI down 1.12%
SGX and Genting Singapore were the only gainers.
Singapore “safe haven” reputation to prop up prime grade office rents
Full-year office rent growth will come between 3% up to 5%.
Around 9 in 10 SG SMEs export to over 10 int’l markets
The average number of international destination markets in Singapore is 35.
CapitaLand Development buys prime mixed-use site in Vietnam
It is expected to be launched in 2024 and be completed in 2027.
Economy grows by 4.8% YoY in Q2
However, growth on a quarter-on-quarter basis remained flat.
Rise of the rents: Condo and HDB rents continue monthly climb
Analysts are divided on why rents continue to increase.
Singapore’s first energy storage system deployed at Pasir Panjang Terminal
It has a 2MW/2MWh capacity and is set to operate in Q3 2022.
ST Engineering launches Airbitat DC Cooling System
The system can help data centres achieve annual net energy savings of more than 20%.
MAS tightens monetary policy for the fourth time in a row
Core inflation is expected to rise above 4% in the near term.
Sinarmas Land Limited to dispose of Horseferry Property Limited for $415.1m
It will be sold to LTH Property Holdings 3 Limited.
Keppel infra consortium named preferred bidder for Korean waste management firm
The consortium still has to enter negotiations to finalise the acquisition.
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