News

Frasers Commercial Trust NPI down 25% to $22.43m in Q2

It blamed lower occupancy in five properties, including China Square Central.

1 in 4 real estate bosses pick Singapore for relocation

They believe Singapore is a secure space that can mitigate rental escalation.

Singapore adopts standards for cross-border payments

MAS supports the initiative to o help arrest the decline in correspondent banking relationships.

Chart of the Day: Caveats for district 1 and 2 private condos soared 153% in 2017

Demand for the condos has breached the 21-quarter average of 85 units.

Keppel's Q1 profits jumped 33.7% to $337.47m

Growth was led by the property division, whose profits surged by 298% to $378m.

ST Electronics bagged contracts worth $635m in Q1

It secured a maintenance contract for lighting systems for an unnamed Asian operator.

Tender for Singapore-Malaysia rail project extended to December

Bidders have requested an extension to develop their submissions.

IHH Healthcare offers Fortis buyout at $796m

It is neck-to-neck with three other bidders for India's second largest hospital group.

Ascott REIT's Q1 results hit by weak corporate demand in Singapore

Revenue per available unit fell 7%, causing the surprise of some analysts.

MAS tightening to bolster Singapore banks' performance

Banks are set to benefit from rising loans which grew 10%, as well as higher SGD and USD interest rates.

ComfortDelGro adds 1,100 London drivers to fleet on UK expansion

It bought a London taxi circuit operator Dial-a-Cab for $2.2m.

Goldilocks rejects Noble's director nominees for re-election

It attacked the points made by chairman Paul Brough in a letter to shareholders.