News

Industrial REITs are on a roll with recent acquisitions

Mapletree Logistics Trust recently bought the remaining share in Shatin No. 3, Hong Kong for $103.7m.

Private condo rentals down 0.5% in December 2017

The rental volume dropped 15.3% YoY to 3,188 units in 2017.

UOB to issue covered bonds worth $797.6m

The expected issue date is on 16 January 2018.

Six in 10 Singaporeans want more eco-friendly firms

But only 46% of business owners think their supply chain shouldn't harm the environment.

Singapore's passport is the world's second best

It has visa-free access to 176 countries.

Great Eastern Holdings mulls sale of Malaysian operations

It could be complying with the 70% foreign ownership cap on insurers.

Keppel's property segment dethrones O&M in profits

In 9M2017, property comprised 55% of contributions, whilst O&M comprised 2%.

97% of Singapore firms paid dividends in 2017

It led the world in proportion of companies that pledged dividend payments.

Singapore fines five capacitor makers $19.55m for price-fixing

The firms also engaged in confidential sales, distribution, and pricing information for capacitors.

CapitaLand sells stake in mall owner for $1.71b

It expects to gain net proceeds of $660m and a net gain of $75m.

Time bomb on OUE Bayfront's income support starts ticking

But the level of income support it uses still rose 11.5% in 9M2017.

City Towers' en bloc sale launched

The owners set a reserve price of $355m.