News

Inflation rises at fastest pace in nine years at 4%

The accelerating CPI was driven by higher food and oil prices.

Chart of the day: Budget deficit to hit $3b in FY22

This is on the back of an expected increase in total expenditures and operating expenses.

Market update: STI down 0.2%

Keppel DC Reit was seen with the most decline.

Sembcorp FY21 net profits strong at $279m

It showed a 78% increase from $157m in 2020.

Singtel allots $2b to redevelop Comcentre headquarters

It aims to convert this into a next-generation office development.

Here's what mid-career job-hunters can expect this 2022

The gov't prepared a 3- to 12-month programme to help them get employed.

Gov't to shift towards medium-term challenges with budget 2022: Fitch

The budget also confirms the substantial progress towards fiscal consolidation in FY21.

Lendlease REIT secures $860m sustainability-linked loan

The loan is the biggest amongst REITs in Asia.

Around 99% of online consumers hold social media liable for unsafe ads: IAS

Due to fake news, online consumers are more discerning about the ads on their feeds.

Raffles Medical Group earnings per share estimate cut by 8-12% for FY22/24

Maybank Securities Research cited two reasons for its lower estimate.

Chart of the day: How does Singapore compare globally with carbon tax rates?

OCBC says the newly-announced carbon tax rates are 'for the better.'

Market update: STI down 1.11%

Yangzijiang Shipbuilding was seen with the most decline.

Knight Frank expands footprint in Singapore with 4th Private Office opening

The new Private Office will capitalise on key family offices and ultra-high-net-worth individuals.