News

Far East Hospitality Trust to get boost from Oasia Hotel Downtown

Distribution per unit could increase 4% to 3.09 cents.

Park West sold for $840.89m

About $144.6m can be paid to expand the estate's floor area.

Retail sales up 5.3% in November

The total retail sales value hit $3.8b, up 5.56% from $3.6b last year.

NODX in December to likely hit 12.2%: Moody's

Export momentum picked up during the peak holiday season.

Construction sector to weigh down 2018 GDP growth

The GDP is expected to grow 3%, slower than last year's 3.5%.

Watch out for these taxes that could hike next month

E-commerce, estate duties and even personal income may be affected according to economists.

Far East Hospitality Trust to buy Oasia Hotel Downtown for $210m

An additional $15m will be issued to the vendor if net property income strikes $9.9m.

SGX to amend rules on quarterly reporting

If QR is retained, only firms with at least $150m market cap will be required to do it.

118 HDB flats auctioned from 2013 to 2017

6% of flat sales were insufficient for tenants' full CPF refund.

Heated telco wars persist in 2018

Expect a mobile virtual network operator to go live as early as Q1.

Construction contracts to reach at least $26b in 2018: BCA

Demand for public sector construction is expected to grow from $16b to $19b.

SingPost struggles with logistics price pressures

Margins are still generally low, no thanks to intense pricing competition.