Singapore
Daily Markets Briefing: STI down 0.81%; The top stock is Hongkongland
Daily Markets Briefing: STI down 0.81%; The top stock is Hongkongland
The most active stock is HongkongLand, trading 1.65% up.
Pay transparency trend relies on the labour market’s future
If the labour market softens, firms can decide whether or not to openly disclose salaries.
Higher prices in commodities cause Singapore’s young adult population to worry: Survey
More than a quarter of Singaporean young adults worry about insufficient savings for emergencies and financial goals.
New home sales in July reach an all-new-high since 2021
Around 6,500 to 7,500 new private homes will be sold during the year.
Sea Limited bounces back from losses with $449.6m Q2 net income
This is compared to a net loss of $1.2b US$931.2m for the second quarter of 2022.
The majority of businesses adapt business models for uncertain economic situations
More than a third of businesses want to automate work to support employees.
Payoneer SG obtains MPI licence, broadens services horizon
The licence will enable them to service more SMEs in the country.
Over one-third of Singaporeans cut back health-related expenses
TELUS Health said 65% curtailed their discretionary spending.
Singapore Airlines’ passenger capacity grew 28.1% YoY in July
The most attractive employer carried over 3 million passengers last month.
Job insecurity reigns as layoffs, new tech fan replacement fears
Male workers are more worried for their job security, ADP Research Institute found.
Daily Markets Briefing: STI fell 0.49%; Seatrium is most active stock
Seatrium closed trading at 1.50%.
Property prices may trade sideways due to high-interest costs
Edmund Tie anticipates prices to rise by 3-5% in 2023.
Central bank reveals new regulatory framework for stablecoins
It seeks to ensure a high degree of value stability for regulated stablecoins.
Families to be interested in Clementi Avenue 1 and Pine Grove sites
But developers continue to be cautious about high costs.
Singapore, Chile sign MOU for carbon markets, pricing collaboration
The markets will identify project opportunities and share best practices.
Shophouses in Club Street, Yio Chu Kand Road for sale
The submission of expression of interest closes on 20 September, 3 pm.
Competition commission seeks feedback on Grab's proposed Trans-cab acquisition
The public may submit their feedback until 25 August at 5 pm.
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