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DAILY NEWS

 

Daily News – 30 August 2024 (Fri)

Singapore Real Estate / Built Environment

 

How the Fed will help Singapore Reits outshine banks
Singapore property owners have spent a long time languishing in the shadow of the chart-topping performance of the island’s banks. But with US Federal Reserve Chair Jerome Powell signalling the start of monetary easing from next month, the landlords’ day in the sun may not be far away.
https://www.businesstimes.com.sg/opinion-features/how-fed-will-help-singapore-reits-outshine-banks

 

Singapore property players more optimistic in Q2 on expected interest rate cuts
Sentiments in the property market seem to be turning for the better in the second quarter, based on a survey by the Institute of Real Estate and Urban Studies (Ireus) at the National University of Singapore (NUS).
https://www.businesstimes.com.sg/property/singapore-property-players-more-optimistic-q2-expected-interest-rate-cuts-nus-poll

 

 

Singapore Economy

 

Asean members’ complementarity creates opportunities for collaboration: DPM Gan
While economies today have become more competitive, limiting the scope for collaboration, Asean remains a bright spot due to its members’ similarities and numerous areas of complementarity, Deputy Prime Minister Gan Kim Yong said on Thursday (Aug 29).
https://www.businesstimes.com.sg/international/asean/asean-members-complementarity-creates-opportunities-collaboration-dpm-gan
https://www.straitstimes.com/business/singapore-sees-asean-as-bright-spot-in-a-troubled-world-says-dpm-gan

 

NTUC to form new platform work associations, if Bill implementing protections is passed
New platform work associations will be formed to provide “union-like” representation for platform workers, if the Bill to implement protections for this group is passed in Parliament next month.
https://www.businesstimes.com.sg/singapore/economy-policy/ntuc-form-new-platform-work-associations-if-bill-implementing-protections-passed
https://www.channelnewsasia.com/singapore/ntuc-new-platform-worker-associations-legal-mandate-bill-parliament-4574666

 

 

Views, Reviews, Forum and Others

 

US pending home sales gauge drops to lowest on record
https://www.businesstimes.com.sg/property/us-pending-home-sales-gauge-drops-lowest-record

 

US weekly jobless claims fall slightly
https://www.businesstimes.com.sg/international/us-weekly-jobless-claims-fall-slightly

 

China’s designer dupes enticing frugal shoppers away from luxury labels
https://www.straitstimes.com/business/china-s-designer-dupes-enticing-frugal-shoppers-away-from-luxury-labels

 

Dubai developer says rich Turks, Egyptians helping fuel property boom
https://www.businesstimes.com.sg/property/dubai-developer-says-rich-turks-egyptians-helping-fuel-property-boom

 

England house completions sink to lowest since first lockdown
https://www.businesstimes.com.sg/property/england-house-completions-sink-lowest-first-lockdown

 

German inflation plunges to 2% as ECB prepares to cut rates
https://www.businesstimes.com.sg/international/german-inflation-plunges-2-ecb-prepares-cut-rates

 

Concerns raised over Hong Kong decision to allow more housing on site near border area
https://www.scmp.com/news/hong-kong/hong-kong-economy/article/3276465/concerns-raised-over-hong-kong-decision-allow-more-housing-site-near-border-area

 

Hong Kong firms with smaller salary budgets double amid inflation, economic woes: study
https://www.scmp.com/business/banking-finance/article/3276426/hong-kong-firms-smaller-salary-budgets-double-amid-inflation-economic-woes

 

New World gets US$1.2 billion offer for Hong Kong mall
https://www.businesstimes.com.sg/property/new-world-gets-us1-2-billion-offer-hong-kong-mall

 

Core inflation in Japan’s capital rises 2.4% yr/yr in Aug
https://www.channelnewsasia.com/business/core-inflation-japans-capital-rises-24-yr-yr-aug-4576386

 

Japan raises view of economy for first time in 15 months
https://www.businesstimes.com.sg/international/japan-raises-view-economy-first-time-15-months
https://www.channelnewsasia.com/business/japan-raises-economic-assessment-first-time-15-months-4574626

 

Japan’s July factory output rises 2.8% month-on-month
https://www.businesstimes.com.sg/international/global/japans-july-factory-output-rises-2-8-month-month

 

Japan’s July jobless rate rises to 2.7%, job availability edges up
https://www.businesstimes.com.sg/international/global/japans-july-jobless-rate-rises-2-7-job-availability-edges
https://www.channelnewsasia.com/business/japan-july-jobless-rate-rises-27-job-availability-edges-4576391

 

Thai central bank chief, finance minister to meet over inflation target as govt eyes rate cut
https://www.channelnewsasia.com/business/exclusive-thai-central-bank-chief-finance-minister-meet-over-inflation-target-govt-eyes-rate-cut-4576431

 

Thailand’s top industrial park developer expects more land sales
https://www.businesstimes.com.sg/property/thailands-top-industrial-park-developer-expects-more-land-sales

 

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