News
Lower property tax to benefit most private owners
Lower property tax to benefit most private owners
Singapore will likely see a 20%-30% lower property tax in 2025.
Daily Markets Briefing: STI down 0.87%; Top stock is SIA
SIA is the top stock despite a 9.498% decrease.
Lack of AI guidelines puts businesses, customer privacy at risk, study warns
80% of staff want AI guidelines, training in the workplace.
Singapore among the top career locations to move to for APAC workers: survey
Improved salaries and remuneration the main reason for moving.
3-storey shophouse with rear extension in Boat Quay Precinct up for sale
The indicative guide price for the property is $23.65m.
First Sponsor Group’s net profit drops in FY23
The group reported a net profit of $12.5m.
Singaporean finance and tech professionals earn less than Hong Kong peers: Bloomberg
Investment banking analysts in Hong Kong earn 46% more than Singaporeans.
Pavilion Energy deploys 1st ship-to-ship LNG bunkering to Rio Tinto
It delivered 1,970 metric tonnes of LNG to a Rio Tinto-charted bulk carrier.
2-storey F&B shophouse in CBD up for sale
The public expression of interest exercise ends on 27 March, 3 pm.
Sabana Industrial REIT Trustee sees “little value” in convening an EGM now
Further announcements will be made in due course.
SG-based Nandina REM launches carbon fibre material reclaimed from end-of-life aircraft
By 2050, Asia will see 102,500 tonnes of unused, end-of-life carbon fibre from aviation.
United Overseas Insurance profits surge 55% YoY FY’23
Earnings per share during the year was 47.85 Singaporean cents.
NETS taps John Yong as a non-executive independent director
Yong began his duties on 19 February.
Trustee manager of Dasin Retail Trust hit with winding-up petition
The Trust received the petition from Zhang Guiming.
DPU of Elite Commercial REIT drops 28.9% YoY to £0.0342 in FY23
The REIT recorded a lower DPU despite a higher net property income.
First REIT’s DPU slips 6.1% YoY to $0.0248 in FY23
The REIT attributed the decline to higher financing costs, amongst others.
Sasseur REIT declares 4.6% YoY lower DPU in FY23
It also recorded a 5.8% YoY decline in its distributable income.
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Commentary
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