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.
Commentary
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Why Singapore SMEs cannot wait for quantum cyber risk to arrive before securing data
Is Singapore's emphasis on long-term security and stability hindering purpose-driven employees?
When Singapore's agentic AI ‘chefs’ arrive, will the kitchen be ready for them?
What Singapore’s app store rules reveal about the future of online trust
Faster hiring alone will not fix construction’s productivity problem
Beyond policy: How Singapore's service sector can win at the frontline
Solving the production problem behind Singapore’s ‘pilot purgatory’
Transformation without disruption: Your Existing ERP is an accelerant to business innovation