Staff Reporter
DBS chief Piyush Gupta sells 100,000 shares, nets S$3.42m
DBS chief Piyush Gupta sells 100,000 shares, nets S$3.42m
Of these, 91,900 were sold at S$34.2253.
Half of fintech investments in SEA are from Singapore – Robocash
Indonesia comes second with $20.8b.
Big banks, investors fund Endowus digital wealth leadership in Asia
It was able to raise $35m from global banks, existing investors, and four Asian billionaire families.
SingPost to pay additional $1.7m over arbitration proceedings
The arbitration was commenced by Tan Ho Sung against SingPost.
What can moderate the prices of HDB resale flats?
In 2Q23, 21 of the 26 HDB towns saw price gains.
No Signboard suspends CEO amidst price rigging investigation
The company also put Lim Yong Sim on leave of absence.
Prime US REIT’s net property income drops 7.2% YoY to US$47.2m in 1H23
The REIT attributed the decline to lower occupancy and higher operating expenses.
Far East Orchard’s profit attributable to equity holders rises 2.1% YoY to $8.2m in 1H23
The company attributed its improved earnings to strong tourism growth.
On National Day, PM Lee touts 4 government initiatives amidst inflation pinch
Prime Minister Lee Hsien Loong said they are focusing on housing, government integrity, and others.
Singapore Land’s PATMI down 53% in H1
The firm reported a $168.4m net profit in the first half (H1) of 2023.
Daily Markets Briefing: STI up 0.12%; Venture is top stock
Venture closed trading at 2.23% up.
Singaporeans unveil home-buying preferences
Despite market uncertainties, 6 in 10 Singaporeans still plan to purchase homes this year.
LHN Group subsidiary buys Rangoon Road Property
99 Rangoon Road was sold for $14.5m.
Paragon REIT NPI up 0.1% YoY to $106.1m in H1
However, its DPU declined by 15.7% to 2.4 cents.
Singapore launches 1st smart, clean-energy powered service stations
The service stations are located in Tampines, Pasir Ris, and Lakeview.
Property acquisition is significant driver of debts in Singapore
Less than half of Singaporeans take loans or debts to buy immovable property.
MAS pledges S$150m to aid the financial sector
The scheme aims to back projects and maximise the use of technologies.
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