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Government ups supply of private homes, commercial space on confirmed list for H1 2023
THE Ministry of National Development (MND) will release land for development into 4,090 private homes (including 700 executive condo or EC units) on the confirmed list for the first half of 2023.
ECONOMIC fundamentals and liquidity shocks are a bigger concern for markets than rapidly rising interest rates in 2023, according to GIC’s chief economist Prakash Kannan.
Latest Singapore’s six-month Treasury bill offers decades-high yield of 4.4%
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THE cut-off yield on the latest six-month Singapore’s Treasury bill (T-bill) that closed on Thursday (Dec 8) shot up to 4.4 per cent, the second highest since the return last peaked at 4.73 per cent in 1988.
HDB resale volumes recover slightly in November; prices inch up: SRX, 99.co
RESALE volumes of Housing and Development Board (HDB) flats recovered slightly in November due to seasonal uplift, as buyers brought forward their purchases before hitting the holiday season in December, property analysts noted.
Bright spots for Indonesian consumer staples as inflation grows: DBS
AGAINST the backdrop of rising inflation, consumers in Indonesia are likely to tighten their belts by saving more and spending less, or opting for cheaper alternatives.
The STI today
Singapore stocks close higher despite regional weakness; STI up 0.3%
SINGAPORE shares rose on Thursday (Dec 8) despite a broader decline across most Asian markets amid a cautious risk environment.
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