News
Tech sector likely to face margin erosion, analyst warns
Rising operation costs might drag the sector down, according to RHB.
HDB sales dips 3.5% YoY in Q2 22
Quarter-on-quarter, it fell by 1.7% in the second quarter of 2022.
Singapore has a ratio of 1 hospital for more than 220,000 Singaporeans
It has the lowest hospital versus population ratio amongst 33 developed countries.
Prices of private residential properties jump 3.5% in Q2
This marks a faster pace of growth compared to Q1.
Free trade agreement with MERCOSUR to provide investor protection
The deal concluded on 21 July 2022 in Paraguay.
MNACT’s net profit rises by 4.1% YoY to $81.5m in Q1 FY22/23
The profit growth was largely driven by two factors.
Mapletree Logistics Trust DPU up 5% YoY in Q1
The distribution per unit rose to 2.268 cents.
SGX, NYSE to collaborate on dual listing of companies
Other areas of collaboration include the exploration of ETF products.
Property investment sales to grow by 15% to 20% for whole of 2022
This despite a 36.9% decline in sales value in Q2.
Rising interest rates cut by half acquisitions by S-REITs: analyst
In H1, SREITs posted a total acquisition value of $3.6b.
Chart of the day: More than 4 out of 5 S’poreans said cost of living went up
Older Singaporeans felt the brunt of the increase more strongly than those younger.
Market update: STI down 0.52%
Jardine Matheson Holdings is the highest gainer with 1.42%.
Luxury condo sales up 46.2% QoQ in Q2
Total transactions were nearly $900m.
Not enough aid? 86% of Singaporeans want gov't to do more vs inflation
In June, the government announced a $1.5b support package for lower-income groups.
Lendlease launches first global road show
The roadshow will kick off in Singapore on 23 and 24 July.
OCBC SME Index: Which sector performed best in Q2?
The top sector's reading jumped to 52.8 in Q2 from 50.9 in Q1.
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Commentary
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