News
SGX net profit to grow by 8.6% YoY
SGX net profit to grow by 8.6% YoY
Driving growth in the bourse is the forex and commodity segment.
Chart of the day: Unsold private residential units increases in Q2
A total of 2,682 units were completed in Q2 2022.
Market update: STI up 0.86%
Genting Singapore posted the highest growth.
Tech sector likely to face margin erosion, analyst warns
Rising operation costs might drag the sector down, according to RHB.
HDB sales dips 3.5% YoY in Q2 22
Quarter-on-quarter, it fell by 1.7% in the second quarter of 2022.
Singapore has a ratio of 1 hospital for more than 220,000 Singaporeans
It has the lowest hospital versus population ratio amongst 33 developed countries.
Prices of private residential properties jump 3.5% in Q2
This marks a faster pace of growth compared to Q1.
Free trade agreement with MERCOSUR to provide investor protection
The deal concluded on 21 July 2022 in Paraguay.
MNACT’s net profit rises by 4.1% YoY to $81.5m in Q1 FY22/23
The profit growth was largely driven by two factors.
Mapletree Logistics Trust DPU up 5% YoY in Q1
The distribution per unit rose to 2.268 cents.
SGX, NYSE to collaborate on dual listing of companies
Other areas of collaboration include the exploration of ETF products.
Property investment sales to grow by 15% to 20% for whole of 2022
This despite a 36.9% decline in sales value in Q2.
Rising interest rates cut by half acquisitions by S-REITs: analyst
In H1, SREITs posted a total acquisition value of $3.6b.
Chart of the day: More than 4 out of 5 S’poreans said cost of living went up
Older Singaporeans felt the brunt of the increase more strongly than those younger.
Market update: STI down 0.52%
Jardine Matheson Holdings is the highest gainer with 1.42%.
Luxury condo sales up 46.2% QoQ in Q2
Total transactions were nearly $900m.
Not enough aid? 86% of Singaporeans want gov't to do more vs inflation
In June, the government announced a $1.5b support package for lower-income groups.
Read Here
Advertise
Sign Up
Commentary
Can controlled sandboxes prepare Singapore organisations for production AI?
What the latest sanctions regimes mean for Singapore businesses
Singapore’s tourism economy depends on security infrastructure most never see
Where does value creation really happen?
Managing the cost of diverging standards: Why Singapore matters
Singapore’s AI ambition has an intelligence problem
Singapore is deploying AI at speed – and security risks are catching up
Precious metal boom is a stress test for Singapore’s gold ambitions
Singapore’s global dispute fault lines