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Singapore Wrap Friday

Today's notable stories
Friday, July 24, 2015 - 20:01
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There will be 89 Members of Parliament after Singapore's next General Election (GE) is over, two more than the current batch of 87.

Singapore's electoral boundaries report out, 16 GRCs and 13 SMCs for next general election

There will be 89 Members of Parliament after Singapore's next General Election (GE) is over, two more than the current batch of 87.


Singapore public housing resale prices slipped 0.4% in Q2: HDB

HDB resale prices in Singapore slipped 0.4 per cent in the second quarter compared to the first quarter, the final figures from the Housing & Development Board show.


Singapore's June manufacturing output down 4.4%

Singapore's manufacturing sector contracted for the fifth straight month in June, with industrial output down 4.4 per cent on a year-on-year basis due to broad-based declines in all clusters save chemicals.


Private home prices, rents continue to fall in Q2, URA data show

The Urban Redevelopment Authority's (URA) private-home price index slipped 0.9 per cent in the second quarter of this year over the previous quarter.


Singapore office rents down 2.6% in Q2: URA

Prices of office space in Singapore rose 0.3 per cent quarter on quarter in the second quarter of this year, compared to a drop of 0.1 per cent in Q1.


Corporate Earnings


The STI Today

Singapore shares close lower despite large gains in some penny stocks

Penny stocks led the local market this week, though without the entry of a significant number of retail players. The momentum of the first half tapered off in the second.

 

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