Singapore

CPF LIFE and DBS create Singapore’s first reverse mortgage product

CPF LIFE and DBS create Singapore’s first reverse mortgage product

Ageing Singaporeans now have more options to monetise their private property in preparation for their retirement.

Yanlord contracted sales to decline in 2021: OCBC

SGX-listed Yanlord Land reported a 67.1% increase in its PATMI in the first half of the year.

NEA to establish green bond framework, $3b note programme

The $3b multicurrency medium note programme will finance its flagship waste management project.

Project ‘rarity’, HDB resale prices boost demand for BTO flats: PropNex

HDB said there were 37,406 applicants for about 5,000 build-to-order flats.

Project ‘rarity’, HDB resale prices boost demand for BTO flats: PropNex

HDB said there were 37,406 applicants for about 5,000 build-to-order flats.

8 of 10 Singaporeans interact with government through Facebook

Twitter leads in content with 54.47%, but only accounts for 2.15% of interactions. 

Daily briefing: SG mulls business travel next month; SG lags in green practices: report

And the Ministry of Health granted $225,000 payout to vaccinated people who suffered side effects.

Exports expand for eighth straight month in July by 12.7%

China, the EU 27, and Taiwan’s appetite for Singapore exports grew.

Market Update: STI Down 0.96%

SATS and Ascendas REIT lead with the most growth today.

ESR-REIT predicted to have favorable conditions for next two years

The company’s sponsorship by ESR Cayman and recent acquisition in asset management strengthen their portfolio

ComfortDelGro set to infiltrate Australian stock market

This is a result of a successful two-week roadshow that introduced the company to its investors. 

ComfortDelGro to continue recovery with $134.6 EBIT

This is a 23x YoY increase from the previous year. 

SIA continues recovery with net loss of $274m for Q1 2021

The value is an improvement over last year’s $763m.

DBS pilots financing solution for seniors with private properties

This will allow them to borrow against their property to raise their retirement income.

141 OCR condos sold above $2m in July

The Outside Core Central Region led the new home sales market last month.

Wilmar International to post stronger H2 results: analysts

The agribusiness giant recorded a 23% increase in its PATMI in the first half.