News
Boustead Singapore plans to take real estate subsidiary private
Boustead Singapore plans to take real estate subsidiary private
It offered to buy all of Boustead Projects Limited’s shares for $0.90 each share.
LTA increases ERP rates by $1.00
The adjustment will take effect on 13 February.
SingPost, MO kickstart trial for electric motorbikes with swappable batteries
The trial will go on for three months.
Commercial building on South Bridge Road sold for $13.58m
The building has a gross floor area of 1,042.31 square meters (sqm).
OCBC CEO Helen Wong appointed as executive director
She will now assume responsibility for both roles.
SMU’s institute of innovation, Kajima Holdings to boost startup ecosystem
Kajima will support research collaborations and business competitions.
SG and Dubai seen to be top cities for prime capital growth: Savills
It was forecasted that Singapore’s growth will be between 6% to 7.9%.
Chart of the Day: Commercial shophouse market valued at $282m
PropNex said market activity was muted with 31 transactions.
Daily Markets Briefing: STI up 0.05%; Emperador Inc. is most active stock
Philippine-based beverage firm led the index.
Full-year outlook for retail improves due to China reopening
The revival will boost the travel and tourism sector in Singapore.
Retail sales growth expands to 7.4% YoY in December
In November, retail sales grew 6.5% YoY.
Singtel appoints Allen & Gledhill partner as a non-executive director
Tan Tze Gay also serves as the law firm's head of Equity Capital Markets.
F&B sales growth moderates to 13.9% in December
In November, F&B sales grew 25.0% YoY.
Unemployment rate to marginally increase to 2.4% in H123
RHB said the uneven recovery of the economy will likely impact labour demand.
Singapore emerges as top APAC market in global data centre report
Globally, Singapore was third place in the data centre segment.
Luxury market sales dip as US Fed's tightening policy takes effect
Over 73 non-landed luxury homes sold in Q4 2022.
Amidst merger, Sembmarine says net debt to equity ratio improved
Its net debt to equity ratio enhanced to 0.26 times from 0.53 times.
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