Staff Reporter
CHART OF THE DAY: Google shows return in mobility for retail, recreation
CHART OF THE DAY: Google shows return in mobility for retail, recreation
RHB attributed this to the easing of Safe Management Measures.
Prime retail rents to rise between 2%-4% in 2022
The expected growth is on the back of easing of restrictions.
Market update: STI up 0.12%
Sembcorp Industries was the top-performing firm for the day.
How the Philippines’ ‘underserved’ data centre market can evolve toward growth
Evolution Data Centres expect more non-telco-run data centre companies to enter the market.
20 Hottest Startups of 2022
Fintech startups dominated the eleventh edition of Singapore Business Review’s 20 Hottest Startups, taking over eight of the 20 spots on the list.
Singapore’s 5th desalination plant opens on Jurong Island to boost water security
The plant can produce up to 30 million gallons of potable water.
Solid waste generated in 2021 up 18%: NEA
There was an increase in the recycling rate to 55% from 51% in 2020.
Temasek, SP Group to install sustainable cooling solutions in Tampines
The district cooling network will be installed in the first batch of seven buildings.
Keppel Infrastructure Trust’s distributable income down by 21.1%
Its subsidiary, Ixom, posted a 20.7% decline in distribution and storage.
Yangzijiang shareholders ok spin-off of investment arm
Following approval, the spin-off will be listed in SGX.
Gov't to counter growth, inclusion, and sustainability challenges in 3 ways
Finance Minister Wong describes the plan as "ambitious" but possible.
New private home sales rise 20.7% MoM in March
The improved sales were on the back of easing of safe management measures.
ST Engineering updates $5b multicurrency note programme
It has been turned into the $5b global medium-term note programme.
SIA, Scoot’s number of passengers soars to 893,000 in March 2022
This was attributed to an increased vaccinated travel lane quota for daily arrivals.
Sixth Avenue Center on sale for $85m
The site has a maximum allowable Gross Floor Area of 4,183.20 sq m.
Exports growth stymied by ongoing downside risks: UOB
Widespread lockdowns and the Russia-Ukraine war will impact Singapore’s trade exposure.
Investment sales soar 34.4% QoQ to $10.6b in Q1 2022
The Q1 2022 figure is the highest quarterly volume since Q4 2017.
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