News
F&B sales jump 59.1% YoY in June
The increase was due to the low base in the same month last year.
Yangzijiang Shipbuilding's gross profit jumps 64% YoY to RMB1.4b in H1
The jump was due to the higher contributions from all its business segments.
HDB resale flats prices up 2.43% QoQ in Q3: PropertyGuru
This marks the 16th straight quarter growth.
Chart of the day: Singapore expat packages places 8th in Asia rankings
Salary and benefits packages in the country rose by 4%.
Market update: STI up 0.36%
Wilmar International was seen with the most growth.
Energy price spike powers Sembcorp’s half-year profits
The group reported a 94% surge in profits.
Wilmar International’s net profit rises 55.1% YoY to $1.6b in H1 2022
Its key business segments improved their performance during the period.
LREIT makes it to Singapore Governance and Transparency Index Top 10
It ranked 10th with a score of 94.8.
Open for business: TikTok Shop launches in Singapore
The in-app feature is in support of local businesses.
Ascendas REIT to acquire Philips APAC Center for $104.8m
More than two-thirds of the property’s gross floor area will be leased to Philipps.
DBS denies interest in India’s IDBI Bank: report
This follows after reports said that DBS is mulling purchase of a stake in the bank.
Singapore priced $2.4b inaugural sovereign green bond at 3.04%
The remaining $50m of the bond will be offered to investors.
Price, demand for HDB rental assets decline for the first time in 3 years: PropertyGuru
Asking prices for HDB rental properties was at 0.95%.
Rental prices for private properties see sharp spike in Q2 as expatriates return
Prices rose by around 8% to 15% in Q2.
Hong Leong Finance sees profits rise to S$45.1m in H1
It has also announced an interim dividend of S$0.0375 in its latest bourse filing.
Selling prices for private properties grow by around 3%-5% in Q2
The strong takeup in new condo launches boosted prices during the quarter.
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