News
Chart of the Day: Monthly rents for CBD Grade A offices hit $10.08psf in Q2
Chart of the Day: Monthly rents for CBD Grade A offices hit $10.08psf in Q2
Rents may continue to rise as supply remains limited.
Here's why Singapore is the world's second most overworked city
Employees' number of actual work hours is 23% higher than the mandated 48 hours per week.
Voluntary turnovers rates in tech up to 14.7% in Q2
Local turnover rates are higher than in Australia, China and Hong Kong.
Noble Group urges shareholders to receive shares in Noble Holdings
An issuer will hold the shares until 19 December 2019.
Venture Corp profits fell 7.3% to $90.81m in Q2
Revenues slipped 5.1% as its customer portfolio took hits from geopolitical headwinds.
GIC invests $620m in Indian road builder IRB Infrastructure
GIC will hold 49% of the firm and have board representation.
No Signboard closes hawker-themed burger chain as losses pile up
The company expects a $500,000 impairment loss from the closure.
Frasers Property profits up 68.2% to $333.93m in Q3
Its recurring income from rents has boosted its profits.
Temasek to buy security system supplier D'Crypt for $100m
StarHub previously bought the military security firm for $122m in 2017.
OUE C-REIT's Q2 NPI soared 20.1% YoY to $40.8m
This is mainly due to contribution from the OUE Downtown office acquired last November.
UOL profits up 48% to $195.38m in Q2
Its fair value gains on investment properties skyrocketed 182% and boosted earnings.
Chart of the Day: Vacancy rate of CBD grade A office space fell to 5.6% in Q2
Demand hit 376,000 sqft even if there were no new completions of office space in Q2.
Daily Briefing: Economy forecasts point to 3% contraction in Q2; Indonesia's MDI Ventures hires Singapore head
And the Asia Pacific Exchange registers its first futures trade for high-sulphur fuel oil.
Parc Clematis to open for preview on 17 August
A one-bedroom unit costs at least $1,550 psf.
Stricter regulation for bonds and REITs eyed
SGX RegCo is creating a working group to improve disclosures related to retail bonds.
Singapore seeks to regulate ride-hailing operators
Licensing will be open for application on February 2020.
CDL profits slide 26.4% to $162.4m in Q2
The divestment of Manulife Centre and 7 & 9 Tampines Grande supported its growth.
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