News
Private residential prices to 'trade sideways' for the next 1-2 quarters
Private residential prices to 'trade sideways' for the next 1-2 quarters
Prices dropped for the first time in three years in 1Q23, falling 0.4% QoQ.
Remote work is still popular amongst job hunters in May
Interest in remote work is still elevated with 3.5% of searches.
Stock market booked net institutional outflows of $2.66b in H1
The net institutional outflows were led by Financial Services and REITs.
New requirements published for DPT service providers
It will mitigate the risk of loss or misuse of customers’ assets.
Daily Markets Briefing: STI up 0.06%; Singapore Airlines is most active stock
Singapore Airlines was at 2.52% up.
Demand for life science sustains as supply remains tight
Vacancy rates at Bipolis is at 4% in Q2 2023.
Suburban prime retail market seen to rise by 1.5%-3.5%
This is due to hybrid work and consumers’ patronage of essential services.
Private residential prices may be at 2% - 5% YoY
This despite the constant implementation of cooling measures.
CBD Grade A office rents seen to grow 2% to 3%
It is underpinned by a sustained flight to quality to limited new supply.
Family offices to push growth of financial wealth in Singapore
There are now 800 family offices in the city, compared to only 100 five years ago.
Credit Agricole CIB Singapore names new senior country officer
His tasks include being group coordinator for Crédit Agricole entities in Singapore
Bank of International Settlements names new head of SG innovation hub
Their appointment is effective from 1 October.
DPM Wong is the new chairman of MAS’ board of directors
Wong will survive beginning 8 July up to 31 May 2026.
Healthway Medical Corporation to delist from SGX-ST
OUEH Investments has proposed a conditional exit offer of $0.048 per offer share in cash.
Olam Agri inducts 8 new members to its board
The new members will sit across four of Olam Agri’s board committees.
ARA H-Trust sells hotel in Oklahoma for US$8m
The REIT sold the property to Bhanumati LLC.
Workers unveil top 3 digitalisation initiatives they want from employers
Full-time and part-time workers have the same preference.
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