News
MTI narrows 2023 GDP growth forecast range to 0.5%-1.5%
MTI narrows 2023 GDP growth forecast range to 0.5%-1.5%
‘Weak external demand outlook’ for the rest of 2023 was cited as the reason for the move.
Daily Markets Briefing: STI up 0.25%; SIA is top stock
Singapore Airlines was trading at 2.64% up.
More HDB flats to be resold over $1m: analysts
Million-dollar flats may make up 1.6% of total HDB resale volumes in 2023.
ThaiBev’s EBITDA fell 3.4% YoY in 9M FY23
This is despite a 3.8% increase in revenue during the period.
OPNFI pioneers embedded finance in Southeast Asia
Exclusive interview with OPNFI co-founders Amit Sharma and Kaustuv Ghosh sheds light on their innovative approach to financial inclusion.
CDL posts lower PATMI of $66.5m in 1H23
The company attributed the decline to the absence of substantial divestment gains in 1H22.
7 SG companies land on Forbes ‘Best Under A Billion' list
The list features 200 top-performing small and mid-sized listed companies in APAC.
PropNex’ net attributable profit falls 18.4% YoY to $22.1m in 1H23
Given the lower profit, the company proposed an interim cash dividend of 2.5 cents a share.
Total investment in commercial property falls 65% QoQ in Q2
The value of the total investment went down to $1.8b.
HDB resale prices up 7% in July, but less flats resold
A total of 2,056 HDB flats were resold during the month, 13% lower than a year ago.
Is there still hope for NFTs? Study shows there’s still potential
Knight Frank said transactions hit US$4.7b in the first quarter of 2023.
Watches, wine, and rare whisky top ultra-rich Singaporeans’ luxury collectibles
Knight Frank reported a 7% increase in the luxury investment index.
Grade A business park development fund launched in India: CLI
The fund has a target size of $525m to invest in business parks.
Chart of the Day: 5 most popular HDB towns amongst Singaporean homebuyers
The top 5 HDB towns accounted for 37.4% of transactions in 2Q23.
Frasers Property posts ‘steady’ operational performance in Singapore
Its commercial portfolio occupancy grew for the fifth consecutive quarter.
UOB Kay Hian profit up 32.7% to $69.6m in H1
Its revenue was up 22.4$ to $287.8m.
Complaints vs airlines industry up 39% in H1
Industry complaints are also a trend in other countries.
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