Singapore

Chart of the Day: Trading volume for commercial assets down 41% YoY in Q4 22

Strata and shophouses continued to see investment activity.

6 in 10 internet users but something online each week: survey

Over a quarter of Singaporeans purchase online via mobile phone.

No need to worry about affordable homes: PM Lee

More than eight in 10 Singaporeans own HDB flats.

Manulife US Reit’s DPU dips 10.3% YoY to 2.63 US cents in H2 22

It stemmed from distributable income that went down 1.7% to $55.4m (US$41.9m).

Re-imagining Enterprise Experiences - Increased focus on employee experiences

The pandemic has given an exponential push to digitalisation across public and private organisations. It has fundamentally changed how we work, learn, connect, and shop. Whilst the underlying trend of increasing digital services and content consumption was prevalent due to the introduction of smart devices and 4G/5G connections, the pandemic has essentially accelerated the digital timeline, leap-frogging by about five years.

Analytics tool tells developers how much to sell units for

It can also determine the best price to bid for the land.

Sutton Place relaunched for sale at $285m

The public tender for the property will close on 9 March at 3 pm.

Barbara Cambon bows out as Prime US REIT CEO

CFO Harmeet Singh Bedi will take over the post on 8 March. 

Keppel Land unit to divest 100% stake in Willowville for $7.37m

The purchaser of the stake will pay in two tranches.

Frasers Property posts $2.7b pre-sold revenue as at December 2022

In Singapore, the company has an unrecognised revenue of $1.0b.

SG fosters deeper collaboration with Abu Dhabi

The two markets discussed collaboration plans in five key areas.

China’s shift of policy backed risk appetite for RMB: SGX

It increased demand for Asian foreign exchange.

MOF: Gov’t spending to go up 19%-20% of GDP in 2026 to 2030

It may also exceed 20% of the economy by 2030 fiscal year.

Budget 2023: What SG can do to boost supply chain resilience

Global consultancy firm, Kearney, lays out two steps.