News

New home sales more than double in September

New home sales more than double in September

This was linked to two new mass market projects – Lentor Modern and Sky Eden@Bedok. 

IKEA revenue in Singapore grows 6.5% YoY to $392m in FY2022

Workspaces and Bedroom furniture were the top earning categories.

Keppel to deploy four rigs in Saudi Arabia

The rigs are expected to generate a revenue of about $250m in the next 3-5 years. 

Five-storey office building with 999-year tenure up for sale

The indicative price for the property is $120m.

Exports growth slows to 3.1% in September

This is down from the 11.4% growth in August 2022. 

ABS unveils industry guidelines for sustainable private banking

The industry group sustainability taskforce has also developed a training benchmark.

Is humour the best medicine vs stress at work? Majority says it is

Nearly seven in 10 workers said jokes can reduce burnout.

Chart of the day: Bigger ECs fetches bigger profits when resold

At least 1,600 sqft yielding an average gross profit of S$455,207 each.

Market update: STI up 0.16%; YZJ Shipbuilding is top stock

Yangzijiang Shipbuilding is top stock with 1.74% gains.

GDP to grow 3.7% YoY in 2022: RHB

The forecast was revised upward from 3.2%.

ESR-LOGOS trustee enters $68.5m loan facility

It will mature 48 months from the utilisation date.

Keppel Infrastructure opens 1st Green Mark Platinum Positive Energy building in Changi

The building is expected to yield about 600,000 kWh/year of renewable energy.

Singtel’s Optus working with Australian govt over data breach

Passport numbers of some Optus customers were exposed in the cyberattack.