News

ES Group expects net loss for H1

ES Group expects net loss for H1

The unexpected breakdown of the ES Jewel vessel contributed to the loss.

Coliwoo launches co-living property in River Valley

It also acquired the properties at 286 and 288 River Valley.

OCBC, UnionPay bolster cross-boundary digital payment feature

Customers can make payments from their OCBC accounts of up to S$1,000 daily.

Singaporeans need to save for 27 years to achieve financial freedom: Singlife

1 in 4 Lion City residents have savings of less than $1,000 per month, below the average S$1,733.

Strata office market slowed down to $652.9m in H1

It is a 19.8% fall from $814.1m transactions in H2 2022.

Deliveroo, Gojek ink partnership deal

They will work together on initiatives that build customer loyalty, amongst others.

Singaporeans hold 2nd most valuable property portfolio in England and Wales

The value of Singapore nationals’’ property portfolio is £7.2b.

Cromwell E-REIT clinches €165m revolving credit facility

The REIT can increase the facility up to €250m.

Freehold residential land at Siglap for sale: Knight Frank

The 1,319-square-metre site is zoned as residential and has GPR of 1.4.

Fintech investments at three-year low; generative AI at 'early growth' stage

Consolidation drove fintech investments in the payments space, KPMG found.

CLAS seeks acquisition of $530.8m lodging assets in the UK, Dublin, and Jakarta

The proposed acquisition is 1.8% accretive to Distribution per Stapled Security (DPS).

Daily Markets Briefing: STI down 0.08%; The top stock is Hongkongland

The most active stock is HongkongLand, trading 3.09% up.

MPACT net property income surges 68% YoY to $179.2m in Q1 FY23/24

This was boosted by the effect of the merger and its Singapore performance.

CICT net income up 10.1% YoY to $552.3m in H1

This is supported by its acquisitions and property enhancements.