Singapore Business Review

Retail space stocks grow by 19,000 sqm in Q1 2024
Retail space prices rose by 1.8% this quarter from 1.2%.
Strides Premier enhances routing with Autofleet tech
The Singaporean taxi operator will utilise Autofleet’s platform to improve route planning and dispatching.
RGE and Singapore Fashion Council launch ‘Responsible Fashion Scholarship’
It is open for Singaporean citizens or permanent residents in full-time undergraduate or postgraduate programs at recognized institutions.
Office space stock drops 41,000 sqm in 1Q24
The stock contraction resulted in a drop in the island-wide vacancy rate.
NTUC opens career centre to aid PME job placement
The focus areas are career protection, progression, and placement.
Industrial occupancy dips to 88.7% in 1Q24
Occupancy fell 0.3 ppt from 4Q23.
Far East Orchard buys 49% stake in UK’s Homes For Students Limited
Homes For Students Limited is the largest independent PBSA operation in the UK.
Changi Airport surpasses 1Q19 passenger count by 0.5%
The airport handled 16.5 million passengers in 1Q24.
iFAST Corp net profit leaps nearly five times over in Q1
The increase in earnings was driven by contributions from its ePension division, and improvements in its wealth management business.
Sheng Siong net profit up 8.9% to $36.3m in 1Q24
The supermarket attributed the increase to better sales.
CLI reports lower revenue of $650m in 1Q24
Its real estate investment business (REIB) revenue fell 4% YoY.
9 of 10 companies made ransomware payments in 2023: ExtraHop
The average cost of ransomware payments was $4.49m (US$3.3m) per company last year.

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Retail space stocks grow by 19,000 sqm in Q1 2024
Retail space prices rose by 1.8% this quarter from 1.2%.
Strides Premier enhances routing with Autofleet tech
The Singaporean taxi operator will utilise Autofleet’s platform to improve route planning and dispatching.
RGE and Singapore Fashion Council launch ‘Responsible Fashion Scholarship’
It is open for Singaporean citizens or permanent residents in full-time undergraduate or postgraduate programs at recognized institutions.
Office space stock drops 41,000 sqm in 1Q24
The stock contraction resulted in a drop in the island-wide vacancy rate.
NTUC opens career centre to aid PME job placement
The focus areas are career protection, progression, and placement.
Industrial occupancy dips to 88.7% in 1Q24
Occupancy fell 0.3 ppt from 4Q23.
Far East Orchard buys 49% stake in UK’s Homes For Students Limited
Homes For Students Limited is the largest independent PBSA operation in the UK.
Changi Airport surpasses 1Q19 passenger count by 0.5%
The airport handled 16.5 million passengers in 1Q24.
iFAST Corp net profit leaps nearly five times over in Q1
The increase in earnings was driven by contributions from its ePension division, and improvements in its wealth management business.
Sheng Siong net profit up 8.9% to $36.3m in 1Q24
The supermarket attributed the increase to better sales.
CLI reports lower revenue of $650m in 1Q24
Its real estate investment business (REIB) revenue fell 4% YoY.
9 of 10 companies made ransomware payments in 2023: ExtraHop
The average cost of ransomware payments was $4.49m (US$3.3m) per company last year.

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Join the Singapore Business Review community