News
2 in 3 Singaporean financial services professionals mulling leaving jobs
2 in 3 Singaporean financial services professionals mulling leaving jobs
Demand for financial services professionals shoots up by 76% in the country.
Prime Freehold Corner F&B unit up for sale: CBRE
The unit is located at 2 Greenwood Avenue.
Manulife US REIT’s net income rises 2.8% YoY to US$57.6m in H122
The REIT said higher car park income was amongst the factors that drove the increase.
Ascott acquires first lyf-branded co-living property in Tokyo
The property will be acquired through the Ascott Serviced Residence Global Fund.
IMDA bares 3 new 5G projects awarded under its innovation programme
These include holomedicine capabilities, cinematic AR experience, and smart glasses.
ARA H-Trust’s net income soars 131% YoY to US$21.1m in H122
The increase was on the back of the trust’s higher revenue and gross operating profit.
July posts 33 million-dollar flats sold – second-highest in a month
This number accounts for 1.4% of the total resale volume in July.
Bunker fuel contamination in SG port is unintentional: MPA
It has concluded the probe on the contamination incident.
Prime US Reit’s net property income up 9.7% in H1 22
The net property income was at $70m (US50.8m).
DBS net profit down 3% in H1, but Q2 profits second-highest in history
The bank is expected to benefit from rising interest rates, says CEO Piyush Gupta.
CBD Grade A office rents demand up by 0.4% in Q2 22
Net demand for offices amounted to 136,00 square feet.
Market update: STI up 0.46%
Top gainer is Sembcorp Industries.
Singapore, Colombia partner for carbon credits framework development
This is in line with their commitment to Article 6 of the Paris Agreement.
Keppel O&M uses maritime smart glasses solution in Singapore yard
This will improve the efficiency of the company’s remote operations.
Ascendas REIT’s net income increase 7% YoY to $476.9m in H1 22
The increase was driven by contributions from its newly acquired properties.
Singtel-backed Telkomsel transfers 6,000 telecom towers to Indonesia’s Miratel
Following the transfer, Miratel now has 16,050 units of telecom towers from the Singtel JV.
MPA, Port of Rotterdam to create longest Green and Digital Corridor
This is expected to enable low and zero carbon shipping.
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Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
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