If you want a read on the U.S. economy, look at what the railroads, like Union Pacific (NYSE: UNP), are saying. If the analogy between railroads and the economy rings true, we are heading for a good year. Management believes its volume growth in 2022 could outpace industrial production growth estimates of 4.8%.
NEW DELHI (Reuters) -Alphabet Inc's Google is in talks with the Indian government to integrate its shopping services with the country's open e-commerce network ONDC, two sources familiar with the matter told Reuters. India soft-launched its Open Network for Digital Commerce (ONDC) late last month as the government tries to end the dominance of U.S. companies Amazon.com and Walmart in the fast-growing e-commerce market. The government estimates https://www.investindia.gov.in/sector/retail-e-commerce/e-commerce the Indian e-commerce market was worth more than $55 billion in gross merchandise value in 2021 and will grow to $350 billion by the end of this decade.
DUBAI, UNITED ARAB EMIRATES - Media OutReach - 27 May 2022 - Bybit’s World Series of Trading (WSOT) has been blazing a trail in competitive digital assets trading, and this year is no exception with registrations set to open on May 26, 2022. Players will compete in the world’s largest crypto trading tournament for a share of the record-breaking prize pool consisting of up to 8 million USDT, non-fungible tokens (NFTs) and other perks and giveaways. To champion crypto as a force for empowerment fo
SINGAPORE (EDGEPROP) - The most unprofitable resale transaction during the week of May 10 to 17 was that of a 1,701 sq ft, three-bedroom unit at Helios Residences. The 15th-floor unit changed hands for $3.95 million ($2,323 psf) on May 12. The property was purchased for $6.04 million ($3,550 psf) in February 2008. Thus, the seller suffered a $2.09 million (34.6%) loss, which translates to an annualised loss of 2.9% over a period of slightly more than 14 years.See also: Unit at Helios Residences
An EY spokesperson told Reuters the firm routinely evaluates strategic options, but the process is in its early stages. London-based EY is one of the Big Four accounting firms along with Deloitte LLP, PricewaterhouseCoopers and KPMG that audits companies, which also pay fees for consulting and advisory work. In the United States, the country's securities regulator is probing conflicts of interest at the nation's largest accounting firms, the Wall Street Journal had reported in March.
Philippine President-elect Ferdinand “Bongbong” Marcos Jr. said he wants to boost trade ties with the US instead of a “dependence” on aid, and signaled openness to join an economic initiative pushed by President Joe Biden to counter China’s influence.
The Civil Aviation Authority of Singapore and its airport partners are hosting a 2-day job fair to fill over 6,600 jobs in the sector.
A 4,069 sq ft, four-bedroom apartment at The Nassim on Nassim Hill was sold for $20 million or $4,915 psf on May 25. The deal was brokered by Tricia Ang, CBRE vice-president of residential services, Singapore. The buyer is believed to be a Chinese national and therefore subject to a 30% additional buyer’s stamp duty (ABSD).“Even with the hike in ABSD, Singapore luxury property remains attractive to foreigners,” says Ang. “Despite the cooling measures, the luxury residential market has not been s
Ghim Moh Ascent, one of the new PLH projects, is located in Queenstown. The 867-unit development will comprise three- and four-room flats. (Picture: HDB)SINGAPORE (EDGEPROP) - Two upcoming prime location public housing (PLH) project have been launched as part of the latest May Build-To-Order (BTO) and Sale of Balance Flats (SBF) exercises. Applications for the flats are open and will last until June 2.See also: ANALYSIS: Pros and cons of the Build-To-Order sites to be launched in May 2022The two
Sadly, Singapore has exited the 2 years of record low mortgage interest rate environment which was brought on by Covid-19, and homeowners have every reason to be worried about it. The post Low mortgage interest rate environment is fast changing and what can I do about it? appeared first on iCompareLoan.
LIV @ MB is an upcoming 298-unit development in Mountbatten. The project is developed by Bukit Sembawang Estates Limited. (Pictures: Bukit Sembawang Estates)A spiring homeowners and investors who are keen to pick a new home in the East Coast area should have the upcoming LIV @ MB under their spotlight. This prime residential development is by property developer Bukit Sembawang Estates Limited.The project is in the Mountbatten neighbourhood in the highly desirable District 15 locale. The condo is
Gold prices edged up on Friday and were headed for a second consecutive weekly gain propped up by a pullback in the dollar and U.S Treasury yields, while fears of aggressive policy tightening by the Federal Reserve subsided. It has risen about 0.4% for the week. "The Fed is sticking to its point to some extent," said Daniel Pavilonis, senior market strategist at RJO Futures, adding there is an uncertainty over what happens after the next two interest rate hikes.
DUBAI, UNITED ARAB EMIRATES - Media OutReach - 26 May 2022 - Bybit's World Series of Trading (WSOT) has been blazing a trail in competitive digital assets trading, and this year is no exception with registrations set to open on May 26, 2022. Players will compete in the world's largest crypto trading tournament for a share of the record-breaking prize pool consisting of up to 8 million USDT, non-fungible tokens (NFTs) and other perks and giveaways. To champion crypto as a force for empowerment fo
British Land’s 53-acre (21.4ha) Canada Water development in southeast London, UK. (Picture: British Land)SINGAPORE (EDGEPROP) - Representatives of British Land, one of the largest listed property development and investment companies in the UK, were in Singapore over the May 21 and 22 weekend to showcase its most ambitious master-planned development project in Central London.See also: British Land and AustralianSuper form JV for London regeneration projectSpanning 53 acres (21.4ha) in Zone 2 in C
India's economic recovery from the COVID-19 pandemic likely stumbled again in the first quarter of this year primarily due to Omicron-related restrictions and higher inflation, a Reuters poll showed. "While the movement restrictions were short-lived, other headwinds from global supply shortages and higher input costs also impeded the pace of expansion," he said.
Hyphens Pharma has a market value of just over $88 million.
The existing triplex penthouse with a 270-degree view of Marina Bay (Photo: Tristar Properties)SINGAPORE (EDGEPROP) - Last September, a 4,489 sq ft, five-bedroom penthouse on the 51st floor of Marina Bay Residences was sold for $19.35 million ($4,311 psf). The buyer is not a foreigner but a Singaporean who purchased the property in trust for his son, Reign Kong, an infant and Singapore citizen, born on August 19, 2021, according to a property title search.See also: IOI Central Boulevard Towers g
Chow Sang Sang named Silver Winner of "Best Use of Smart Data Analytics" at The Loyalty & Engagement Awards 2021 Matching CSS's large jewelry offerings with the right customers & providing a seamless shopping experience TAIPEI, TAIWAN - Media OutReach - 27 May 2022 - Appier is proud to share the Chow Sang Sang Xmas campaign results in collaboration with Mindshare Hong Kong. This case was named the Silver Winner in the Best Use of Smart Data Analytics category at The Loyalty & Engagement Awards 2
To satisfy Singaporeans' love for spicy food, 7-Eleven is launching a mouth-watering selection from across the globe to appease all chilli cravings. Think you can take the heat? Join 7- Eleven's special #7ElevenSpicyChallenge to get featured in the Spicy Hall of Fame and stand to win attractive prizes. Play 7-Eleven's exclusive 'Catch the Chilli' in-store game to win discount vouchers! SINGAPORE - Media OutReach - 27 May 2022 - Things are certainly heating up at 7-Eleven with the latest launch o
TAIPEI, TAIWAN - Media OutReach - 27 May 2022 - According to the report released by ABI, this year, the overall output value of the global 5G mobile private network market is estimated to reach US$47.5 billion in 2030, of which the output value driven by vertical application services accounts for the highest proportion, which is estimated to be nearly US$20 billion. Taiwan 5G Vertical Application Summit Industry Heavyweights To meet market demand, the MOEA and the Taiwan 5G Verticals Alliance jo
SINGAPORE (EDGEPROP) - In the week of May 8 to 15, the highest transaction recorded on a psf basis was for a unit at Fyve Derbyshire. A two-bedroom unit measuring 657 sq ft was sold by developer Roxy-Pacific Holdings for $1.71 million ($2,603 psf) on May 9. The unit sold is located on the 16th floor. This is the first time the development has crossed the $2,600 psf threshold since its launch in January 2019.See also: How resilient is the demand for high-end condos?A two-bedder at Fyve Derbyshire
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