News

Why buyers swarmed to secure a unit at AMO Residence?

The project sold over 98% of its units on the first day of its launch.   Outside Central Region’s (OCR) first major new launch, AMO Residence, was swarmed by buyers during its first day.

Wong warns of major challenges amidst rise of gig and remote work

NTUC will need to reinvent itself to address these challenges, says the DPM.

SGX net profit to grow by 8.6% YoY

Driving growth in the bourse is the forex and commodity segment.

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.

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.

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.