Staff Reporter
Chart of the day: Leasing volume of private residential units continues QoQ plunges
Chart of the day: Leasing volume of private residential units continues QoQ plunges
The contraction, however, was not due to slow demand but limited completions.
Market update: STI down 0.43%
City Developments Limited led the index.
CIMB Singapore raises deposit interest rate tenfold to up to 2% annually
StarSaver savings account holders can enjoy the new rate without any deposit caps.
Rents for high-end non-landed private residential units rise at fastest pace since 2014
In Q2, rents rose to $4.79 psf.
‘Nucleus of SG’s maritime supply chain’ Tuas Port opens
Its first three berths are now operational.
Weak share price for ST Engineering shows buying opportunity: report
ST Engineering is still resilient due to global aviation traffic.
MAS tacks $375k fine on UOB Kay Hian
The fine is for breaches in business conduct and anti-money laundering rules.
Two-thirds of businesses involved in corporate giving: Wong
This will build trust and unity in the society.
Golden Agri subsidiary defers listing in India
The subsidiary will explore opportunities to enhance shareholders' value in the meantime.
Some F&B operators, retailers unfazed by rising rents: Savills
It sees retail rents in Prime Orchard up by 3% year-on-year.
Chart of the day: 2 in 5 adults uncomfortable not wearing masks in indoor spaces
They are the most uncomfortable not wearing a mask in private transport modes.
Market update: STI up 0.19%
Jardine Matheson led the index.
Standard Chartered, FairPrice-backed Trust Bank launches in Singapore
A total of S$400m was invested by its shareholders, the neobank said.
RHB Singapore raises deposit interest rates to up to 5.5%
It attributed this to the “recent spate of competitive rising rates by local banks.”
RHB Singapore has joined the bandwagon of local banks that have raised the interest rates for their deposit accounts.
SLA to roll out changes in remnant land charging framework
The updated framework includes a new rate for remnant land parcels.
ST Engineering bags $1.4b turnkey rail contract for Kaohsiung MRT Yellow Line
The contract was granted by Kaohsiung City Mass Rapid Transit Bureau.
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