News
Bank of Singapore names new global head of legal and regulatory compliance
Bank of Singapore names new global head of legal and regulatory compliance
His role is effective starting 2 October, replacing Eric Teh.
SoftBank’s subsidiary debuts successfully, expects $5.12b in proceeds
It also includes the full exercise of the underwriters' option to purchase an additional seven million shares.
Pair of freehold shophouses in Lavender Street on sale for $12.5m
Savills will conduct its sale via an expression of interest exercise.
Are Singaporean investors coming to terms with rising property taxes?
Those planning to delay property purchase due to tax adjustments have declined to 24% in 2H23.
5 in 10 Singaporeans struggle to buy their first home
Singles are having the most difficulty.
SingPost to impose higher postage rates in October
The rate for standard regular mail will increase by 20 cents to 51 cents.
7% fare hike to hit bus and train commuters in SG
In tandem, PTC required SBS Transit and SMRT to make larger contributions to the Public Transport Fund.
Trouble ahead: Expert predicts lower NODX contraction in 2023
In August, NODX fell by 20.1% YoY.
Chart of the Day: Business park space vacancy reaches highest level since 2014
The vacancy rate in the Central Region eased to 7.3%.
Daily Markets Briefing: STI down 0.53%; Emperador is top stock
Emperador posted a 1.96% increase.
Industrial rents to increase up to 6% in 2023
Warehouse rents will grow by 3% to 5%.
CLI’s core-plus private fund acquires logistics property in S.Korea for $112m
The acquisition brings the fund’s FUM to over $1b.
KKR to acquire 20% stake in Singtel’s regional data centre business
The global investment company will commit up to $1.1b.
Singapore Airlines Group’s passenger volume soars 43.5% YoY in August
SIA and Scoot carried around three million passengers during the month.
First Sponsor units acquire Allianz Tower in Rotterdam for $90.6m
The tower is fully leased to Allianz Nederland Groep until 31 December 2035.
Great Eastern collaborates with telco for home insurance plan
The insurer and Singtel unveiled a plan which covers various residential housing types.
Freehold two-storey GCB on Third Avenue is up for sale for $30m
The location is easily accessible by Pan-Island Expressway and arterial roads.
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