Staff Reporter

Daily Markets Briefing: STI up 0.06%

Daily Markets Briefing: STI up 0.06%

Yangzijiang Shipbuilding was the top active stock for 28 June 2023.

Condo resale market to slow in June: analyst

High mortgage rates may be turning off would-be buyers.

UOL, SingLand unveil Pinetree Hill in Mount Sinai

Sales will start on 15 July whilst preview kicks off on 29 June.

GuocoLand clinches S$974m green loan to refinance Guoco Tower

GuocoLand plans to improve the tower’s air-conditioning and mechanical ventilation system, amongst others.

MAS kicks off public consultation for code of conduct of ESG ratings, data products

The proposed code will establish minimum industry standards of transparency in methodologies and data sources.

MAS launches consultation for coal phase-out criteria

Amongst criteria listed is that CFPPs must be phased out by 2040.

HDB rents up 25.1% in May

Fewer HDB units were rented in May compared to the previous month.

Condo rent prices up 26.8% in May

Whilst fewer condos were rented in May, it still breached the 5,000-mark.

MAS floats raising deposit insurance coverage to S$100,000

This will result in 91% of deposits being fully covered by deposit insurance.

Daily Markets Briefing: STI up 0.55%; Yangzijiang is highest stock

DFI Retail Group and Sembcorp Industries are top stocks.

Will SG’s manufacturing momentum improve in 2H23? 

Manufacturing output contracted anew in July, by 10.8% YoY.

Conservation shophouses at Jalan Besar on sale for $30m

The property can be bought without ABSD rate.

MAS unveils open-source toolkit for responsible AI-use in finance

It was supported by the collaborative effort of the association of 31 industry players.

MAS forms Project Guardian Industry Group with 11 FIs

The report explores the application of CPMI-IOSCO principles for financial sector infrastructures to emerging models of digital asset networks. 

Singlife becomes signatory of UN-supported Principles for Responsible Investment

It is reportedly the first Southeast Asian insurer to become a signatory of PRI.

Singtel’s net-zero goal to be brought forward to 2045 from 2050

The telco firm said it is progressing with its net-zero target.

Yangzijiang Shipbuilding secures new orders for 37 vessels

Year-to-date, the group has secured new orders worth US$5.6b, almost double its 2023 target.