Staff Reporter

China Aviation Oil's 2022 profit to increase 46%: RHB

A return to pre-pandemic levels, however, could take two to three years.

Chart of the Day: How many workdays do you need to afford the latest iPhone?

The average Singaporean needs to work for 7.6 days to afford the iPhone 13 Pro.

Market Update: STI down 0.68%

HongKongLand and SGX showed the most growth today.

Temasek, GIC poised to provide fresh funds to Singapore’s domestic stocks

The Monetary Authority of Singapore is also slated to join the efforts. 

Cromwell management shakes up board composition

Ooi Eng Peng will become a new non-independent director for CEREIT.

Unemployment declines by 16,200 in Q2

However, there was an increase of retrenchments to 2,340.

HDB, condo rents rise in August but volumes fail to match estimates: analysts

Domestic demand is propping up the leasing market, especially HDB upgraders.

High class living: Luxury residential transactions to hit new peak in 2021

The GCB market, in particular, set a record of the 60 transactions for the period

UOB prices Singapore’s first SONIA sterling covered bond

The final order book saw that most demands come from the UK and EMEA.

Keppel to acquire loan facilities from Perpetual Asia

The facilities are valued at approximately $1.57b, excluding interest and fees.

Tiger Brokers see 90% jump in Gen Z account openings

It recognises Singapore as one of the largest contributors to its international market.

Chart of the Day: Singaporean investors more cautious in saving up for retirement

The majority have spent more time considering their financial wellbeing due to the pandemic.

Market Update: STI up 0.22%

Frasers L&C, ST Engineering, and Venture showed the most growth today.

Updated tax measures revealed in amended Income Tax Bill 2021.

Covered by this bill are updated measures in response to the pandemic.   The Ministry of Finance (MOF) announced today via a press release updated tax measures as a response to both the pandemic and feedback received from public consultation. 

Singapore, India to link PayNow, UPI payment systems by mid-2022

Fund transfers from India to Singapore will only need mobile phone numbers.

TPG Singapore acquires IMDA approval for 5G NSA market trial

Support from the regulatory body allows for TPG to provide 5G at lower prices.