News

Chart of the Day: Total hotel room supply rose 67.9% from 2009 to 2017

On average, 2,970 rooms were added a year for nine consecutive years.

M1 net profit down by 11.5% to $132.5m in 2017

This was due to increased depreciation and amortisation expenses.

Industrial occupancy dips despite growth of space supply

Occupancy rate fell from nearly 90% in 2016 to 87% in 2017.

Keppel REIT's NPI rose 15.3% to $36.24m in Q4

Thanks to higher income from Bugis Junction Towers and Ocean Financial Centre.

Wing Tai disposes Winner Godown Building for $365m

The net proceeds of $361,232 will be used for expansion.

SIA to deliver new aircrafts in 2018

The new aircrafts will be used for non-stop flights to New York and Los Angeles.

Singapore's CPI inflation eased to 0.6% in 2017

But private road transport inflation highly affected the decrease in CPI in Q42017.

Keppel DC Reit's NPI increased 37.6% to $125m in 2017

Thanks to acquisitions of data centres in Berlin, Milan and Singapore.

Singapore is the third most innovative country: Bloomberg

It has been praised for its education, especially in the STEM disciplines.

Changi Airport handled 62.2 million passengers in 2017

December was the busiest month with 5.86 million passenger movements.

Singapore beats US in race for quality workers

Its smart city initiative also helped attract and retain workers.

Home prices to jump by 4%: Fitch Ratings

They are also expected to buck the declining trend in Chinese and Australian markets.