News

Chart of the Day: Industrial prices down 0.1% in Q1

Rents remained flat in the first quarter.

Far East Hospitality Trust NPI up 9% to $25.07m in Q1

The income boost came from contributions from Oasia Hotel Downtown.

Hyflux CEO Olivia Lum vows to get $1 annual salary until firm ends restructuring

Hyflux is forced to make more cost-cutting measures after the SM Investments deal fell apart.

Motor insurance plan for new and young drivers launched

Policyholders attending a safe driver programme can have additional premium loading cut by 10%.

Online hiring for banking roles up 28% in March

Singapore figures outpaced that of Malaysia and the Philippines.

Eagle Hospitality Trust lodges IPO prospectus

It plans to float its initial portfolio of 18 hotels across the US worth US$1.27b.

Overall unemployment rate holds firm at 2.2% in March

The manufacturing sector continued to shed workers.

GuocoLand's profits fell 12% to $35.01m in Q3

Lower sales of completed condo units continued to drag on earnings.

Retail space prices down 1.9% in Q1: URA

Rentals of retail space also saw a decline of 0.2%.

Venture Corporation profits grew 8.6% to $90.87m in Q1

The broad-based growth in its technology domains and customer programme executions boosted earnings.

Office prices jumped 3% in Q1: URA

Total supply grew to 733,000 sqm gross floor area of office space in the pipeline.

Private home prices down 0.7% in Q1: URA

Prices of landed homes rose 1.1% and reversed the 1.1% decline of private condo prices.

HDB resale prices dipped 0.3% in Q1

Prices ranged from $250,000 for a 3-room flat in Toa Payoh to $720,000 for a 4-room flat in Queenstown.

CapitaLand Mall Trust's Funan hits 90% pre-leasing mark

The office portion has commitment rates of over 92% whilst the retail portion is slightly behind at 87%.

Hyflux gets one-month lifeline extension

It had asked the court to let it prolong its search for a rescue investor.