News
Shell pipeline leaks oil into Singapore’s Bukom Island
Shell pipeline leaks oil into Singapore’s Bukom Island
Clean-up operations commenced following the detection of the spill.
HDB and condo rental markets stabilise as tenant demand softens
Experts said demand will continue to taper off for the rest of the year.
COTD: Singapore leaders view GenAI as key to strategic leadership shifts
Managers and leaders expect GenAI to improve their skills and productivity.
Daily Markets Briefing: STI up 0.41%; Top stock is ST Engineering
ST Engineering is the top stock with a 2.12% increase.
DBS unveils token services with smart contracts for transaction clients
It makes use of DBS’ Ethereum Virtual machine-compatible permissioned blockchain.
Private property market lags with only 1,899 units sold in H1
This falls short of DBS's initial forecast of 7,500 to 8,500 units for the year.
Industrial landlords offer flexibility amidst softer demand
Demand has shifted towards spaces capable of storing dangerous goods.
S.F. Express opens airside logistics centre at Changi Airfreight Centre
The centre will reduce the company's on-airport processing time.
HDB rents rise 0.1% MoM and 3.7% YoY in September
Volumes, however, fell.
Boustead Singapore obtains $156m green loan for Tuas Road warehouse
It expects to complete the redevelopment of the facility by early 2025.
Condo rents fall 0.2% MoM and 3.6% YoY in September
All markets recorded a year-on-year drop.
ESR-LOGOS secures $225m and JPY15.5b sustainability-linked term loans
It will use proceeds from both facilities for corporate funding.
FLCT acquires Tuas South property for $140.3m
The trust financed the acquisition through debt financing.
Keppel DC REIT's NPI rises 4.6% YoY, driven by strong lease reversions
It also recorded an improved DPU.
SGX RegCo lifts moratorium on UOB Kay Hian
UOB Kay Hian can now resume managing IPOs and takeovers.
Singapore’s hotel industry remains robust in Q3
As for investments, the sector remained stable with seven transactions.
F&B brands remain key drivers of retail leasing in Q3
However, supermarkets have been downsizing stores.
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