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Month: July 2023

Posted on 26/07/2023

These were the successfully auctioned properties in Singapore in Q2

Only four industrial mortgagee listings were sold. Out of 82 auction listings in Singapore in Q2, only four were successfully sold, and these were industrial mortgagee listings. According to a Knight ... ( read original story ...)

Posted on 26/07/2023

HSBC and Keppel to explore climate solutions

Singapore’s Keppel Corporation and HSBC have agreed to explore opportunities to collaborate on decarbonization and sustainability solutions, particularly in the Greater Bay Area and across Asia.

Posted on 26/07/2023

SCB WEALTH dominates Citywire ASEAN Awards 2022/23, winning 3 top accolades

Mr. Sornchai Suneta, Executive Vice President of SCB Investment Office and Product Function at Siam Commercial Bank, proudly announced SCB WEALTH’s triumphant success at the “Citywire ASEAN Awards ...

Posted on 26/07/2023

Singapore June Inflation Eases to 4.2% on Cheaper Imports

Singapore’s core inflation rate cooled in June to its lowest level in 12 months amid a broader trend of declining import costs and easing tightness in the labor market.

Posted on 26/07/2023

Singapore’s June factory output down 4.9% in ninth straight month of decline

SINGAPORE’S factory output fell 4.9 per cent year on year in June, marking the ninth straight month of contraction, data from the Singapore Economic Development Board (EDB) showed on Wednesday (Jul 26 ...

Posted on 26/07/2023

Singapore’s recent political scandals a ‘setback’ for ruling party – deputy PM

A spate of political scandals in Singapore, including a corruption case and the resignations of senior lawmakers, has been a "setback" to the ruling party, Deputy Prime Minister Lawrence Wong told the ...

Posted on 26/07/2023

Singapore’s manufacturing output down by 4.9% in June with most clusters in the red

Singapore’s manufacturing output fell by 4.9% on a y-o-y basis in June with most clusters in the red. Excluding biomedical manufacturing, output fell by 5.2%. On a seasonally adjusted m-o-m basis, ...

Posted on 26/07/2023

Ant Group plans restructuring, paving way for Hong Kong IPO – Bloomberg News

Jack Ma's Ant Group is planning a restructuring that will break off some non-core operations of its China financial-related business, Bloomberg News reported on Tuesday.

Posted on 26/07/2023

Yatharth Hospital IPO opens: GMP, subscription status, should you subscribe or not?

SBI Life Insurance Company, Goldman Sachs (Singapore), Kotak Mahindra Life Insurance Company, ICICI Prudential Mutual Fund, Max Life Insurance Company, HDFC MF, and BNP Paribas Arbitrage are a few ...

Posted on 26/07/2023

Yatharth Hospital IPO: Firm mobilises ₹206 crore from anchor investors a day ahead of subscription

Yatharth Hospital & Trauma Care said in an exchange filing it has raised ₹ 206 crore from anchor investors on July 25, a day ahead of its IPO subscription opening for bidding. Yatharth Hospital's ...

Posted on 26/07/2023

Jack Ma-backed Ant plans restructuring, paving way for Hong Kong IPO

HONG KONG – Ant Group Co. is planning a restructuring that will break off some operations that aren’t core parts of its China financial-related business, according to people familiar with the matter, ...

Posted on 26/07/2023

Singapore’s sovereign wealth fund posts robust returns but says inflation remains ‘sticky’

Singapore’s sovereign wealth fund GIC posted robust returns, its highest in eight years — but warned that “sticky” inflation has made it “more critical and challenging” in generating real returns.

Posted on 26/07/2023

Expat Pay Packages Jump in Singapore, Drop in Hong Kong

The cost of expat pay packages in Singapore climbed 4% last year, while those for foreign workers in Hong Kong fell, according to a new study by expat consultancy ECA International.

Posted on 26/07/2023

‘Tom And Jerry’ To Spar In Singapore; First Ever Localized Version To Premiere On Cartoon Network & HBO GO

Warner Bros Discovery has announced the first ever localized version of the Tom And Jerry series, featuring the famous cat and mouse duo as they take their rivalry to Singapore. Produced locally

Posted on 26/07/2023

Only 4 out of 82 auction listings in Singapore were sold in Q2

The success rate was at 4.9%. According to a Knight Frank report, Singapore auction listings rose 9.3% q-o-q to 82 (including repeat listings and excluding properties sold outside of auction) in Q2 ... ( read original story ...)

Posted on 26/07/2023

Singapore outperforms SEA peers in digitisation rankings

The Lion City has the most powerful internet infrastructure. A study revealed that Singapore dominated its digitalisation ranking in Southeast Asia, with the country posting 1,588 points. Robocash ...

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