News

Temasek-backed ABC World Asia closes initial $385m fund

It is focused on social impact companies in China, and South and Southeast Asia.

Genting shortlisted for Japanese integrated resort bidding

This followed Osaka’s request-for-concept exercise.

FTSE drops 4 firms from ASEAN value stocks index

City Development and UOL were amongst the dropouts.

7 in 10 Singaporeans want jobs with overseas travel

Nearly 4 in 5 are even willing to relocate for the role.

Hiring prospects amongst manufacturers at their worst in a decade

The sector contributed to 21% of total retrenchments in Q3.

Tight vacancies in CBD offices to drive Suntec REIT's gains

Suntec City Office, MBFC, and ORQ could benefit from positive office rental reversions.

M1 could dominate $16b B2B connectivity market with Keppel tie up

The telco aims to boost its subscriber market share and reduce overall opex.

1 in 3 employees worry about ageing's effects on hiring

Nearly a third think age was factored in their salaries.

Chart of the Day: Check out the top condo transactions in Q3

Parc Clematis sold 402 units during the period.

Singapore trails Australia as APAC's most data-ready market

Australia beat the city in terms of people organisation, process, and technology.

Hillview Rise condo hits nearly 50% take-up rate during weekend preview

Units were sold at an average of $1,560 to $1,750 per sqft.

Mapletree North Asia Commercial Trust's NPI up 1.3% in Q2

The income boost came from Festival Walk mall and its Japanese properties.

Manufacturing output up 0.1% in September

Biomedical manufacturing output, which rose 21.9%, led the monthly gains.

Chart of the Day: Industrial tenancies up 5% in Q3

Tenancies rose at a slower clip as firms held back in their expansion plans.

Daily Markets Briefing: STI up 0.53%

SGX led the gains amongst top active stocks with a 6.88% rise.

Ascendas India Trust NPI up 18% to $39m in Q2

Distribution per unit (DPU) grew by 15% YoY to 2.28 cents.