Singapore
Island View in Pasir Panjang to relaunch with a lower reserved price of $532m
Island View in Pasir Panjang to relaunch with a lower reserved price of $532m
The property was previously put up for sale on 19 September 2023 but received no bids.
Sea rebounds with US$162.7m net income in FY23
In FY22, the group recorded a US$1.7b net loss.
PMI slips to 50.6 in February
It dipped by 0.1 points from January.
TID sells 19% of Lentoria at $2,125 psf
Majority likely bought for their own use.
DBS, OCBC, and UOB post combined net interest income of $8.3b in 4Q23
4Q23 marks the 5th consecutive quarter that the combined NII of the big three was above $8b.
First-time buyers, private homeowners fulfilling wait-out period to fuel HDB resale price growth
HDB resale prices grew 0.5% MoM and 6.4% YoY in February.
Daily Markets Briefing: STI down 0.46%; Top stock is DBS
DBS is the top stock despite a 0.387% decline.
Majority of Singaporeans deem slang as inappropriate at work: survey
One-third of respondents use slang for quicker communication
6 commercial units within Peninsula Plaza are up for sale via EOI
The units have a guide price of $8.6m-$9.0m.
Older office buildings adopt open protocol systems for energy management
Experts also point to usage of building management systems for energy-saving opportunities.
NUS taps Tang Heiwai as MAS term professor
His term will run from 4 March to 15 March.
SGC to back local, ASEAN companies expanding into Baden-Württemberg
Baden-Württemberg has attracted over 6,500 foreign firms.
CCCS issues guide for environmental sustainability collaboration
The note addresses competition in sustainable business partnerships.
MAN Energy Solutions opens $30m mixed-purpose facility in Singapore
Its Singapore office is its largest service hub outside Europe.
Lumina Grand sells 61 units on second balloting
The project has now sold close to 70% of its units.
HDB resale prices climb 0.5% MoM in February
Year-on-year, prices rose by 6.4%.
Olam Agri acquires Senegal's second largest poultry feed supplier for €17m
The acquisition extends Olan Agri's feed and protein presence in West Africa.
Commentary
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Faster hiring alone will not fix construction’s productivity problem
Beyond policy: How Singapore's service sector can win at the frontline
Solving the production problem behind Singapore’s ‘pilot purgatory’
Transformation without disruption: Your Existing ERP is an accelerant to business innovation