Singapore
Volume of total exports down 15.3% YoY in September
Volume of total exports down 15.3% YoY in September
Imports of goods also went down by 14% over September last year.
Residential property in Yau Yat Chuen up for auction with a reserve price of $2.075b
The auction will be held on 3 November.
Property sales jump 4.8% in August
Compared to August 2021, however, sales were lower.
UOB Infinity rolls out new financial supply chain management services
The features will be rolled out to clients outside of Singapore, Hong Kong at a later stage.
HKEX posted net loss of $274m in Q2 22
The stock exchange experienced lower depository fees from e-IPOs.
Economy to contract by 0.7% in 2022: forecast
The GDP outlook got downgraded amidst a deteriorating external environment.
DBS issues $107m (HKD210m) 3.47% notes due in 2024
The notes will be listed in the bonds market on 26 July.
Inflation up by 1.2% YoY in May
It is smaller than the increase in April 2022 with 1.3%.
After 25 years, has Hong Kong’s capital markets lost its sparkle?
Funds raised by IPOs in H122 are predicted to reach HK$17.1 b, a 92% decrease from 2021.
More consumers say unmanned stores safer to visit
Reduced human interaction was a key safety benefit.
SCPG to acquire 50% interest of CITIC Capital’s Changsha mall
The two firms signed an agreement for the acquisition.
DBS, Xero simplifies SMEs loan application with data-sharing partnership
Xero customers now has the option of sharing their transaction records to DBS.
Mass residential prices to decrease 5%: JLL
This is due to the dampened sentiment in the first quarter of 2022.
Office market posts positive take up in February amidst 5th COVID-19 wave
Net absorption in February was 276,500 square feet.
Deliveroo expends $2m in plastic-free incentives with restaurants
This was the result of a partnership between the delivery company and Sustainabl.
About $1.26b of budget earmarked for tourism support
This follows the $3.8b earlier investment to make HK a tourism destination.
Hongkong Land joins initiative to limit temperature rise to 1.5°C
The campaign is spearheaded by the Science Based Targets initiative.
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