Singapore
DBS CEO Piyush Gupta’s salary up 47.8% to S$13.57m in 2021
DBS CEO Piyush Gupta’s salary up 47.8% to S$13.57m in 2021
His cash bonus jumped 51% in 2021 compared to the previous year.
SIA to operate 5 Boeing 777 freighter planes in partnership with DHL
The first Boeing is set to be delivered by July 2022.
Chart of the Day: 2021, a horror for household incomes
Average household income for private residential property owners declined 6% last year.
GDP forecast to grow by 3.0% in 2023: survey
Meanwhile, the 2022 GDP forecast remains at 4.0%.
Cyber security plagued by tighter regulations, higher spending, more data breaches
Meanwhile, consumer sectors lead in digital adoption, says EY exec.
What social media platform do Singaporeans use the most
This platform saw a 1.18% growth in engagement rate in 2021.
Top Glove’s net profit declines 97% YoY in Q2 2022
The softer financial performance was due to normalising average selling prices.
UOB to issue $2.25b covered bonds
The bonds are part of the Global Covered Bond Programme.
HDB resale volume falls below 2,000 for the first time since June 2021
The decline was attributed to slow market activity.
SMEs confident in weathering GST hike and global interest rate
DBS announced these findings after the release of the Singapore Budget 2022.
Cash is the best investment in 2022 for 33% of Singaporeans
This is because cash is seen as a safe investment amidst the uncertainty in the market.
MPA's 7 focus areas in its decarbonisation blueprint
An additional $300m of funds were also allocated by the MPA.
Weathering the ‘perfect long storm’: How countries can address the world’s 5 fragilities
Amongst these challenges include the consequences of the Russia-Ukraine war.
Three factors that will improve housing affordability in 2022
If housing affordability improves it will support SG’s covered bonds.
ERA Realty puts up 23 shops for sale
The portfolio's highlight is the two HDB shops in Toa Payoh and Ang Mo Kio.
Chart of the Day: Government’s largest source of revenue in 2021
Most of these sources will undergo reform under the 2022 budget.
Market update: STI up 1.61%
UOB was seen with the most growth.
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