Daily Debrief: What Happened Today
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Employment growth loses steam in Q2; hiring, wage hike plans also ease: MOM
SINGAPORE’S employment levels expanded in the second quarter of 2023, but at a much slower pace than before, in signs that labour demand is cooling.
UOB positive on net interest margin growth, posts 27% rise in Q2 profit
UOB is keeping a positive outlook on its net interest margin (NIM), particularly after the latest round of interest rate hikes by the US Federal Reserve, said group chief financial officer Lee Wai Fai.
Yields for 12-month T-bill rebounds to 3.74% in July
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YIELDS on the latest 12-month treasury bills (T-bills) rose to 3.74 per cent, according to the auction results issued on Thursday (Jul 27).
Demand for industrial space remains healthy; prices, rents continue growth in Q2: JTC
PRICES and rents of Singapore industrial spaces continued their upward trend in the second quarter of 2023 despite overall inflationary pressures, based on JTC’s quarterly market report released on Thursday (Jul 27).
SIA posts record quarterly profit of S$734 million for Q1 2023
AMID pent-up demand for air travel, Singapore Airlines (SIA) posted a net profit of S$734 million for the first quarter of its current financial year (FY).
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