News
Broker retains outlook for S-Reits stocks as overweight
Broker retains outlook for S-Reits stocks as overweight
Amongst notable Reits are MPACT and FLT.
Chart of the Day: Occupancy rate of industrial property down 0.3% in Q4 22
Colliers said there was an uptick in new completions.
Singapore still most liveable location for expatriate workers from East Asia
It has retained its status since 2005.
StarHub may face risks in weaker earnings and execution of transformation programme
Its results were within the analyst’s expectations.
Singapore and UAE deepen collaborations on tech and skills development
The government will help UAE in digital trade documents, fintech, and other innovations.
JCube mall to stop operations on 7 August
Its site will be converted into a 40-storey residential development.
Shophouse market posts 25.6% drop in sales in 2022
An estimated 189 shophouses were sold during the year.
SG pushes for closer collaboration with Vietnam in two areas
One of which is digital economy.
Growth of industrial rents to moderate by 1%-3% in 2023: Colliers
In 2022, the market recorded an annual growth of 6.9%.
Freehold bungalow in Braddell Heights sells for $19m
ABN Holding Pte. Ltd purchased the property via tender.
Boustead Industrial Fund acquires J’Forte Building for almost $100m
The property has 44 years left on the lease.
Daily Markets Briefing: STI declines 0.23%; Sembcorp Industries is most active stock
Sembcorp Industries is on top of the index.
Which sectors are net sellers for the stock market in January?
The stock market closed 3,365.67 points in January, up 3.51% from December.
ST Engineering JV with SP Group to roll out LoRaWAN-powered sensor network
It is affordable and a fast access for business and IoT providers.
SATS signs MOU with polytechnics to boost talent pool
They will also establish a framework for knowledge exchange.
CapitaLand India Trust’s NPI jumps 7% YoY to $166.8m in FY22
The increase pushed CLINT’s DPU up to $0.0819.
VFlowTech raises US$10m in Series A funding
The startup will use the funds to expand its market presence in the US. amongst others.
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