Singapore
Cromwell EREIT’s net property income dips 1.1% YoY to $146.7m in 9M23
Cromwell EREIT’s net property income dips 1.1% YoY to $146.7m in 9M23
The REIT attributed the decline to the absence of income from office projects under redevelopment.
PM Lee to visit the US for APEC summit
During his visit, Lee will also launch Enterprise Singapore’s San Francisco Overseas Centre.
Daily Markets Briefing: STI declines 0.91%; Emperador is highest stock
Emperador closed trading at 2.00%.
How will the updated list of areas prohibiting new eateries impact the shophouse market?
Over 30 roads across 19 areas are part of the list.
Shophouse transactions fall 24.5% YoY in 9M23
Transaction value likewise fell, dropping 17.1% YoY.
Maybank eases cross-border fund transfers between SG, Malaysia
The bank added over 50 DuitNow participating institutions where customers can send money over.
Singapore’s life insurance industry dips 9.7% in 9M23
The life insurance industry reported a YTD total of S$3.5b in weighted new business premiums.
Singapore vows to implement Crypto Asset Reporting Framework
It mulls to transpose CARF into domestic law by 2027.
SG, Indonesia ink MOU on judicial cooperation
The countries will cooperate in areas such as cross-border commercial law.
MAS to roll out 2024 Year of the Dragon Chinese Almanac coins
The coins will have 10 variations.
Singapore emerges as 6th highest-paying city for marketers
The average annual marketing salary in Singapore is $116,890.10 (£70,223.04).
Employees experience stagnates in Singapore despite office improvements
There are few improvements in employee engagement, longer stays, and worker inclusion.
CapitaLand India Trust bags 5-year construction loan of $214m
CLINT will use the loan for its Navi Mumbai data centre.
Genting Singapore’s net profit jumps 59% YoY to $216.3m in 3Q23
The company attributed the increase to higher revenue for the quarter.
J’den by CapitaLand Development sells 88% of its units in weekend launch
It sold units at an average price of $2,451 per square foot.
CapitaLand to manage retail spaces at Singapore Sports Hub
The company will serve as the hub’s retail operator for 6 years.
Centurion posts 10% YoY revenue increase in 9M23
In Singapore, Centurion’s revenue rose by 8% YoY to $99.2m.
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