News
Tender for freehold redevelopment site in Lorong Ampas opens
The site has a reserve price of $65m.
Private residential home prices up by 8.4% in 2022
However, it is a decrease from last year due to a decline in sales.
APAC Realty acquires 22% stake in ERA Vietnam for $4.9m
The acquisition will bring APAC Realty’s total stake in ERA Vietnam to 60%.
Return of Chinese tourists seen to help grow SG travel market by 60%
Euromonitor International said the reopening of China will make a stronger return.
3 floors of strata office in 20 Cecil Street on sale for $36m-$37m each
The offices have a combined gross floor area of 33,648 sq ft.
Loosen requirements in acquisitions of business subsidiary to improve dealmaking: EY
It will enhance mergers and acquisition schemes in the country.
Chart of the day: Unrecyclable products concern Singaporean shoppers the most
Six in 10 shoppers say they are concerned about products that cannot be reused.
Retail industry to face uncertainties in 2023: analyst
Easing economic growth and tax hikes will affect retail transactions.
Daily Markets Briefing: STI up 0.88%; ThaiBev led the index
ThaiBev, Frasers L&C, and DBS were top stocks.
Singapore’s economic growth to outperform US, EU in 2023
It is expected to increase by 2.3% YoY.
Cooling measures effective in quelling property price growth: analyst
Monthly price growth was down 1% since the property measures were enforced.
Keppel O&M bags S$130m offshore substation contract
The substation will have a capacity of 600MW.
Premium, Grade A office space rents up by 0.9% QoQ in Q4 22
Rents reached $11.40 per square feet in the fourth quarter last year.
Economic growth slows down in 2022
For the full year, GDP only increased by 3.8%.
Knowledge gap, lack of action behind failure to follow accounting standards: ACRA
There were 23 non-compliance cases in 12 financial statements reviewed.
F&B sales jump 24.7% YoY in November
The increase was due to the low base in the same month last year.
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Commentary
Why Singapore businesses must focus on outvaluing, not just upskilling
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