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%.
Manufacturing output contracts 4.8% In March
The electronics segment fell 15.3%.
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.
Commentary
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Why SG60 must mark a cybersecurity turning point
What the global financial crisis can teach Singapore about decision-making today
Singapore is ready for EVs, but the industry needs to catch up
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