Singapore
Chart of the Day: OCBC SME Index expands for the fifth quarter in a row
Chart of the Day: OCBC SME Index expands for the fifth quarter in a row
This is despite contractions in the F&B, education, retail, and construction sectors.
Market update: STI down 0.07%
Jardine Cycle & Carriage was at the top of the index.
3 factors that led to the slowdown in the private residential market
Several silver linings, however, will help alleviate the effects of these factors, an expert said.
1 in 2 Singaporeans no longer prioritise their careers
This encourages employers to evaluate support for their workers.
Mapletree Industrial Trust's net income shoots up to $472.0m
The increase was driven by the company's data centre acquisitions in the U.S.
Sheng Siong’s net profit up by 13.9% YoY in Q1
The group’s revenue also increased by 6% in the first quarter of 2022.
AIMS APAC REIT's net income soars 16.6% YoY to $55.48m
Despite the income growth, the REIT's DPU still decreased by 4.8% YoY.
NTUC Income launches new travel cover that protects by the hour
Premiums start at S$1.80 for a six-hour coverage.
Frasers Centrepoint Trust net income rises 3.8% to $130.48m
The increase drove the company's distributable income higher in 1H2022.
Keppel O&M and Sembcorp Marine announce merger
Keppel will own 56%, and Sembcorp Marine 44% of the combined entity from the merger.
Fewer foreigners bought homes in Q1
The count of non-landed homes bought by foreigners was down by 47.3%.
Manufacturing output rises 3.4% YoY in March
The increase was due to the output growth in four of the six clusters.
2 sites at Tampines North Drive 5 put on sale: JTC
One of the sites is on sale for $7m.
Chart of the Day: Private home sales in CCR declined in Q1
There was a 40.8% decline in private homes sold compared to the previous quarter.
Inflation to increase ‘by a bigger magnitude’ in coming months: analysts
Inflation further accelerated to 5.4% in March.
Market Update: STI down 0.26%
Singtel performed the best amongst the firms.
6 in 10 Singaporeans have high trust in banks
Only 5% have low trust in the banking industry.
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