Stories you might have missed Singapore office rents climb 3.1% in Q2, reversing decline in Q1: URA OFFICE rents in the central region of Singapore rose 3.1 per cent in the second quarter of 2024, reversing a 1.7 per cent decline in the previous quarter.  Changi Airport’s Q2 passenger movements hits 98.2% of pre-pandemic level CHANGI Airport had around 16.5 million passengers passing through its terminals in the second quarter of 2024, up 13.4 per cent from the year before. Singapore ranks 19th in index tracking heat resilience in cities BT in your inbox Start and end each day with the latest news stories and analyses delivered straight to your inbox. Sign Up Sign Up SINGAPORE has been ranked 19th among 30 global cities for its preparedness to deal with extreme urban heat, according to global research publication Impacts, produced by Savills. ESR buys remaining 12.3% stake in Logos Group ...

Vientiane [Laos], July 26 (ANI): External Affairs Minister (EAM) S Jaishankar held meetings with his counterparts from South Korea, Indonesia, Singapore, Malaysia and the European Union, on the sidelines of ASEAN events in Vientiane, Laos, on Friday. The EAM met Cho Tae-yul, the Foreign Minister of Republic of Korea and held a wide ranging conversation on Special Strategic Partnership. “A pleasure to meet RoK @FMChoTaeyul Source link

SINGAPORE’S central bank left its monetary policy settings unchanged on Friday (Jul 26) for the fifth straight meeting, in line with market expectations, and said it expects gross domestic product growth to come in at the higher end of the official forecast range. “GDP growth is likely to come in closer to its potential rate of 2 to 3 per cent for the full year,” said the Monetary Authority of Singapore (MAS). This is at the higher end of the Ministry of Trade and Industry’s forecast range of 1 to 3 per cent. MAS also lowered its full-year forecast for headline inflation to a range of 2 to 3 per cent, but maintained its core inflation forecast range at 2.5 to 3.5 per cent. MAS said that it will maintain the prevailing rate of appreciation of the Singapore nominal effective exchange rate (S$NEER) policy band, with no change to its...

SINGAPORE, July 26 (Xinhua) — Singapore’s Changi Airport registered 16.5 million passenger movements in the second quarter this year, an increase of 13.4 percent compared to a year ago, the airport said Friday. The airport recorded 89,300 landings and taking-offs from April to June, up 9.7 percent year-on-year. Changi Airport’s top five passenger markets were Indonesia, China, Malaysia, Australia, and In Source link

SINGAPORE’S central bank left its monetary policy settings unchanged on Friday (Jul 26) for the fifth straight meeting, in line with market expectations. The Monetary Authority of Singapore (MAS) lowered its full-year forecast for headline inflation to a range of 2 per cent to 3 per cent, but maintained its core inflation forecast range at 2.5 per cent to 3.5 per cent. MAS said that it will maintain the prevailing rate of appreciation of the Singapore nominal effective exchange rate (S$NEER) policy band, with no change to its width and the level at which it is centred. Eighteen out of 19 analysts polled by Bloomberg had expected MAS not to take action during the July review – the third of its new quarterly schedule – while the last expected a reduction of the policy band slope. Most of them also expected the central bank’s tone to be unchanged. The decision...

BRUSSELS, 25th July, 2024 (WAM) — Today, the European Union (EU) and Singapore concluded negotiations for a Digital Trade Agreement (DTA), the first EU agreement of its kind, aiming to facilitate digital trade rules and cross-border data flows. The DTA will complement the 2019 EU-Singapore Free Trade Agreement, connecting both economies further and benefiting businesses and consumers that want to engage in digit Source link

SINGAPORE and the European Union (EU) have concluded negotiations on a digital trade agreement that will facilitate data flows and digital trade, Singapore’s Ministry of Trade and Industry (MTI) said on Thursday (Jul 25). This EU-Singapore Digital Trade Agreement (EUSDTA) is the first accord of its kind between the EU and an Asean country. It is also the fifth digital economy agreement that Singapore has concluded. The city-state has similar treaties with Australia, South Korea, the United Kingdom, as well as a joint one with Chile and New Zealand. The EUSDTA was jointly announced in Brussels, Belgium by Singapore’s Minister-in-charge of Trade Relations Grace Fu, and the European Commission’s Executive Vice-President for an Economy that Works for People and Commissioner for Trade Valdis Dombrovskis. MTI said the EUSDTA is set to provide clarity and legal certainty for companies and consumers on the rules for digital trade between Singapore and the...

SINGAPORE, July 25 (Xinhua) — Terrorism threat to Singapore remains high despite no indication of an imminent attack, according to an official report Thursday. The terrorism threat has been elevated since the Israel-Palestine conflict, with an uptick in anti-Singapore rhetoric on social media from regional extremist elements, according to the Singapore Terrorism Threat Assessment Report 2024. The primary Source link

DBS and professional services firm Deloitte have launched a free digital tool that allows small and medium-sized enterprises (SMEs) to assess their sustainability readiness levels. The Sustainability Accelerator Tool is an online questionnaire that assesses a company’s state of green readiness. For a start, DBS and Deloitte intend to work with 1,000 Singapore SMEs over the next 12 months, both companies said on Wednesday (Jul 24). From next year, the tool – which can be adapted to different languages and regional contexts across Asia – will be rolled out regionally to markets where the bank has an existing presence. “The Sustainability Accelerator Tool is the latest in our ongoing efforts where we strive to future-proof SMEs through practical and holistic solutions,” said DBS group head of corporate and SME banking Koh Kar Siong. “Through this, we want to empower businesses to take charge of their sustainability journey, and partner them...

SINGAPORE, July 24 (Xinhua) — Singapore recorded six deaths due to dengue infection from April to June, bringing the total dengue death toll to 13 in the first half of this year, the National Environment Agency said Wednesday. The quarterly surveillance data showed that 4,090 dengue cases were reported in the second quarter, a decrease of 20.8 percent compared to the previous quarter. Singapore reported Source link