News
Chart of the day: Baby boomers are better at living sustainably
Chart of the day: Baby boomers are better at living sustainably
OCBC found out that green habits suit their life stage.
Market update: STI up 0.61%
DBS and UOB were at the top of the index.
Cromwell EREIT is top outperformer amongst S-REITs
It gained 6% steady financial performance.
Gov’t to soon roll out new initiatives to attract top talents, says PM Lee
Lee said the initiatives will cover sectors with “good potential.”
Establishment of a 100% ammonia direct combustion power plant on Jurong Island eyed
Jurong Port, Mitsubishi Heavy Industries APAC, and Jera Asia will conduct a study on its feasibility.
First REIT commences buyback of S$60m perpetual securities
The REIT will pay 70% the principal amount and pay any unpaid distribution.
Changi Airport Terminal 5 redesigned to be resilient and pandemic-ready
The terminal is expected to be completed by mid-2030.
Tuas Port to be world’s largest fully automated port by 2042: PM Lee
The port uses driverless vehicles and AI.
Era of stable prices is already over, says PM Lee
PM Lee said this is because international economic conditions have fundamentally changed.
Singapore to end most mask rules
Only in public transport and healthcare settings will mask rules remain.
Foreign wholesale trade up 4.9% QoQ in Q2
The growth was driven by expansions in most wholesale trade industries.
Domestic wholesale trade up 6.4% QoQ in Q2
The growth was driven by expansions in most wholesale trade industries.
Rents in prime floor space in retail to rise 2.5%-3.5%: report
This is due to tightening vacancy rates and revival of the economy.
Market Update: STI down 0.87%
DFI Retail Group performed the best amongst the firms.
60-year-old leasehold property sold for $780k via auction
It sold at 20% above its opening price.
OCBC, NUS commence study to encourage EV adoption in Singapore
A total of 32,000 OCBC customers are expected to participate in the study.
Borr Drilling repayment to Sembcorp Marine might raise share price
It will repay partially $1.1b (US$0.8b) from 2023 to 2025.
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