News
Tech spending in Singapore to jump 4.6% in 2023 to $22.17b
Tech spending in Singapore to jump 4.6% in 2023 to $22.17b
Software will be the highest growth area in terms of spend.
Singapore is 5th most expensive location for expatriates
The Lion City jumped eight places in ECA’s cost of living rankings.
Yanlord Land presales up fivefold in May
Total contracted presales for the first five months of 2023 is 1.9% lower, however.
Singapore unveils plans for quantum-safe network infrastructure
Singtel, and a SPTel and SpeQtral partnership, have submitted proposals to become network operators.
SG to see a 20% growth in inbound cross-border M&A activity in 2023
It is amongst the top growth markets this year.
Singapore is amongst strongest markets for global super-prime homes
In Q1, the Lion City recorded 37 transactions.
Daily Markets Briefing: STI up by 0.03%; Keppel DC REIT is top stock
Keppel DC REIT was the most active stock as it posted a 1.47% increase.
P&C insurer puts up aviation hub in Singapore
Newly appointed Alastair Stuart will be the hub’s practice leader.
Prime ground floor retail units at Peninsula Plaza for sale: CBRE
The expression of interest for the three retail units will close on 11 July at 3 pm.
Centurion to withdraw listing from HKEX
The company will retain its primary listing on the SGX.
Three adjacent strata office units at SBF Center for sale
The prices of the units range from $2.25m to $2.44m.
Sembcorp, Indonesia ink new gas deal
The Gas Sales Agreement seeks to import natural gas, worth S$1.9b.
Digital Core REIT warns of lower DPU following US bankruptcy filing of 2nd-largest tenant
Cyxtera represents 22.4% of the REIT annualised rental revenue.
Singapore raises Water Efficiency Fund cap to $5m
This is up from only $1m.
F&B sales growth eases to 15.1% in April
In March, F&B sales grew 17.7% YoY.
Retail sales climb 3.6% YoY in April
Excluding motor vehicles, retail sales would have grown by 4.2% YoY.
A majority of hot-desking workers want an assigned space: report
More than half of the employees in Singapore are hot-desking.
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