Singapore
August sees a 0.5% rise in HDB resale prices, led by Executive flats
Resale price for Executive flats rose 1% MoM.
CICT private placement subscribed 3.7 times
It issued the units at $2.040 a piece.
PMI growth in August signals steady manufacturing recovery
It rose to 50.9.
Singapore is emerging as a key global SAF hub
It is driven by its strategic location, a robust petrochemical industry, and a supportive policy environment.
MPA permits night operations for container barges at Pasir Panjang Terminal
Barge operations will now be allowed from 7:00 pm to 6:30 am.
Construction sector to grow 12% in 2024, outpacing GDP growth four times
GDP for 2024 is expected to grow by 2% to 3%.
Smartkarma acquires Helixtap to boost commodity data capabilities
The acquisition was driven by rising rubber demand, La Niña, and supply disruptions.
SUTD, MaivenPoint launch tech skills programme for students
MaivenPoint will provide on-the-job training opportunities to the students.
Jewel Changi Airport forges 3-year partnership with Trip.com to boost tourism
The partnership will offer new tourism programmes for travellers.
Heeton Holdings acquires Capri by Fraser Changi City under JV
This marks its first hotel investment in Singapore.
HDB resale portal unlikely to cut out property agents
The listing service replaces just a small part of the many things a realty adviser can do.
COTD: Engineers now required to master business management and digital tools
In 2022 there were 134,767 job posts for engineers.
Daily Markets Briefing: STI up 0.48%; Top stock is CapitaLandInvest
CapitaLandInvest is the top stock with a 3.35% increase.
Data centres are the most profitable in Singapore's REIT market in 2023—report
The total return rate for data centres was 19.4% in 2023.
MDRT appoints Singaporean Carol Kheng as its new president
Keng is a 26-year member of MDRT.
DPM Heng seeks joint effort from academia, industry to boost sustainable finance
The government will invest $35m to upskill and reskill finance professionals.