News
FCT to buy Northpoint City South Wing for $1.17b
FCT to buy Northpoint City South Wing for $1.17b
It is buying all units owned by FCL Amber and Bright Bloom Capital.
MPA, ABS renew multi-year MoU to boost maritime innovation, workforce
ABS will establish the ABS Singapore Maritime Safety Centre as part of the arrangement.
SG gov’t adopts colour-coded price tags for mixed rice
This will increase price transparency and help consumers to make informed choices.
Mobile services to hit $2b in 2029 with 5G driving revenue stability
Singtel will continue to lead the mobile services market in terms of subscriptions through 2029.
Luxury home sales rise in value with fewer deals
The growth was largely driven by big-ticket landed home sales—particularly Good Class Bungalows.
Hiring falls 5% YoY despite recent monthly gains
The Advertising, Public Relations & Media sector and the Education sector led the recovery, both recording 7% MoM growth.
243 Alexandra Road building launched for sale at $68m
It sits on a 14,753 sq ft site and offers a gross floor area of 36,883 sq ft.
Singapore amongst top APAC markets for green-certified Grade A offices
This places the city-state ahead of mature markets like Sydney (67%) and Melbourne (66%).
Singapore launches digital twin to boost port efficiency
Singapore announced the official launch of the Maritime Digital Twin—a dynamic, real-time virtual model of the Port of Singapore.
Consumer Price Index up 0.9% in February
Food, transport, and health prices all increased during the month.
CCCS grants conditional approval for SIA-ANA collab
They noted that SIA and ANA hold substantial market shares for direct Singapore-Tokyo flights.
BC Payments clinches in-principle approval for MPI license in Singapore
The company plans to double its Singapore headcount over the next year.
DBS is 5th most valuable bank brand in APAC: study
Its brand value rose 56% to $17.2b.
Over 570,000 S’poreans to receive first Earn and Save Bonus in March
The Earn and Save Bonus will be automatically credited to citizens’ CPF accounts.
Atlantic Navigation’s COO steps down
Bill Wong, the company’s executive director and CEO, will cover the duties of COO in the meantime.
MPA, partners boost maritime training with enhanced training programme
Under the enhanced TMTA, the training duration will be reduced from 31 months to 22 months.
Singapore general insurance increases 6.3% YoY in 2024
Underwriting profit also rose by 5.6% YoY.
Commentary
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