NINE out of 10 senior executives in real estate companies in Singapore have flagged rising inflation and interest rates as the top potential risk factor which may adversely impact market sentiment in the next half year, poll findings showed. This overtook rising construction costs, which had previously topped the list throughout the first 3 quarters of 2021 […]
Read MoreSINGAPORE’s aviation authority is developing a blueprint to guide its effort in developing a sustainable air hub, and this will be supported by a 20-member international advisory panel, Transport Minister S Iswaran said on Tuesday (Feb 15). While the Republic has been involved in several initiatives towards sustainability of the global international aviation system, including […]
Read MoreDEVELOPERS in Singapore sold 673 new private homes in January, inching upwards by 3.5 per cent from 650 in the previous month. Including executive condominiums (ECs), which are a public-private housing hybrid, sales reached 725, just 0.8 per cent higher than that of December 2021. Tuesday’s data was higher than consultants’ flash estimates published by […]
Read MoreOil prices are on the rise as fears mount over a possible invasion of Ukraine by top oil producer Russia, with Brent crude oil surging past US$90 a barrel yesterday. A Ukraine invasion could trigger United States and European sanctions, which would disrupt oil exports from Russia and put pressure on prices at a time […]
Read MoreSINGAPORE – The median household income grew last year in tandem with Singapore’s economic recovery from the Covid-19 pandemic, after it had fallen in 2020 for the first time in a decade, according to new figures released by the Singapore Department of Statistics (SingStat) on Tuesday (Feb 15). Last year, the median household income from work rose […]
Read MoreSINGAPORE, Feb 14 (Reuters) – DBS Group (DBSM.SI) flagged strong business momentum after its profit rose to a record last year, cementing a recovery for Southeast Asia’s largest lender as pandemic-hit economies rebound and boost loan growth and asset quality. Singapore lenders are also expected to be big beneficiaries of rising interest rates, while the city-state’s economy […]
Read More
Thailand
