Singapore
Chart of the day: Transport engineering output shoots up 32% in June
Chart of the day: Transport engineering output shoots up 32% in June
Output in the marine & offshore engineering segment increased by 44%.
Market update: STI up 0.41%
Yangzijiang Shipbuilding is the highest gainer.
Keppel REIT’s net property income up 6% YoY in H1 2022
Its portfolio committed occupancy stood at 95.5%.
Clarke Quay to become a day-and-night destination
This is thanks to a S$62m asset enhancement initiative.
Frasers Centrepoint Trust's tenant sales jump 23% YoY
Amongst Frasers' assets, Tampines 1 and Waterway Point had the highest sales growth.
Lendlease Global CREIT bags $100m sustainability-linked term loan facility
Proceeds will be used to refinance a loan due in FY23.
Singtel puts up lifestyle service provider on e-wallet Dash
The lifestyle deals will be offered by over 300 merchants.
HDB rents to rise by 16%-18% by yearend
Rents went up 18% year-on-year.
ESR-Logos Reit reports 6% fall in H1 DPU
Higher utility expenses drag down DPU for the first half of the year.
Manufacturing output growth moderates to 2.2% YoY in June
Excluding biomedical manufacturing, output grew 4.2% YoY.
EDB launches second leg of its corporate venture building programme
A total of $20m of fresh funding will be received by the program beneficiaries.
Standard Chartered stands out in marrying trust with Artificial Intelligence (AI)
The Bank built an AI engine to hold other AI systems accountable.
The Beaumont relaunched for sale for $468m
The property will be sold via public tender.
Average price of new luxury condos dips to $2,782 psf in Q2
This translates to a 1.1% decline from Q1.
Analysts raises full-year headline inflation forecast to 5.5%-6%
A further tightening of monetary policy in October is also likely.
Chart of the day: Manufacturing output climbs 2.2% in June
However, output fell by 8.5%.MoM.
Market update: STI up 0.32%
CapitaLand Integrated Commercial Trust was on top of the index.
The Straits Times Index closed at 3,190.49, up 0.32%, on Tuesday, 26 July 2022.
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