Singapore

ExxonMobil chosen as supplier of sustainable fuel for Singapore aviation

This marks the pilot on the use of SAF, particularly used oil and waste animal fats, in Singapore. 

Budget 2022 unlikely to deviate from last year: OCBC

The total expenditure in 2021 was estimated at $102.3b or 20.2% of GDP.

Market update: STI down 0.19%

DBS was seen with the most growth.

Lendlease acquires additional plot within TRX

This is the second joint-venture agreement between Lendlease and TRX City Sdn Bhd.

SG to host Asia-first XM innovation hub

SAP, Qualtrics, and the EDB commit $14m for experience management (XM) innovations.

Jefferies sees QoQ bottom line decline for UBS, OCBC, and DBS in 4Q21

Among the reasons for the decline is the weaker non-intertest income of banks.

FLCT overseas vacancy rates remain tight in Q1 2022

Logistics properties in the UK, Europe, and AU remain at 100% occupancy.

Singaporeans want more biometric payment cards —survey

Latest industry survey reveals 88% of Singaporeans prefer biometric cards.

Acquisition dispute: Keppel unit pursues arbitration action vs SPH

The move came after SPH terminated an implementation agreement related to Keppel’s takeover bid.

Commercial real estate acitivty soars 177% to $12.09b in 2021

The sale of One George Street drove the market turnaround.

Daviscomms wins SBR Designed in Singapore Award for Healthcare

Daviscomms won the Designed In Singapore Award in Healthcare for its efforts to improve personal protection of the elderly through its MD5 Mobile Personal Emergency Response Device.

Market update: STI up 0.28%

HongKongLand was seen with the most growth.

HDB resale prices up 1.1% MoM in January 2022

At least 27 HDB resale flats were transacted for around $1m.

Manulife H2 2021 a miss: Maybank

But improvements in operations were seen due to strong leasing momentum.