News
Conrad Singapore Orchard officially opens
The hotel is Hilton’s second Conrad property in Singapore.
Shophouse 71 Tras Street for sale at $15.2m
The property has a rental yield of 2.5% and is fully leased.
43C Bench Road office floor for sale at $5.6m
The property has a guide price of $5.6m.
Sabana REIT rejects requisition notice calling for extraordinary general meeting
It does not comply with requirements, the REIT said in a statement.
Ascott, C-WELL acquire Bugis hotel, to relaunch under lyf brand
The planned lyf Bugis Singapore is expected to launch in mid-2024.
Ascott launching 8 new lyf properties over next four years
The new properties are located in Singapore, Malaysia, Bali, Sydney, Tokyo, and Frankfurt.
Former ATL exec director jailed for breaching director duties
He was sentenced to 6 months in prison.
Fitch Ratings expects Singlife acquisition to boost Sumitomo Life’s credit profile
The acquisition is still subject to regulatory approval in Japan and Singapore.
37% of S’porean businesses plan to explore coverage amidst high-risk environment
Cyber risk remains the primary concern of executives.
McKinsey sees Singapore’s manufacturing constrained, services resilient
Advanced estimates showed GDP grew 1.2% in 2023.
Daily Markets Briefing: STI up 0.15%; The top stock is DBS
DBS is the top stock despite a 0.152% decline.
Latest COE bidding results in declines in 4 categories
The exercise received a total of 3,303 bids.
Only 1 in 4 businesses confident for economic improvement in 2024: poll
Manpower cost becomes the main factor of increased business costs.
Luxury retail property on Orchard Road up for sale
The deadline for expression of interest is on 6 February at 3 pm.
Imperial College London opens first research centre in Singapore
The centre aims to establish Singapore as a global leader in health cybersecurity and AI for healthcare.
Yanlord Land Group presales 52.5% lower in 2023
Presales for the month of December are 49.1% lower than a year ago.
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Commentary
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