News
Keppel O&M inks bareboat contracts worth $135m
Keppel O&M inks bareboat contracts worth $135m
Under the deal, the company will deploy two KFELS B Class rigs to Saudi Arabia.
Retail to see improved footfall and tenant sales in H2 2022: analyst
In Q1, prime rents in commercial areas edged up by at least 0.4% QoQ.
Market update: STI down 0.6%
ST Engineering was seen with the most growth.
MoF slaps equity interests in PHEs transferred into living trusts with addt’l conveyance duties
The ACD will apply to transfers made on or after 10 May.
Manulife US REIT posts 91.7% occupancy in Q1
The recorded occupancy is above the US Class A average of 83%.
77% of units at Piccadilly Grand sold on weekend launch
Units were sold at an average selling price of $2,150 psf.
MOF subjects residential properties transferred into living trust to 35% ABSD
The ABSD will apply to transfers made on or after 9 May.
Manufacturers facing more expensive production costs: UOB
This after the Purchasing Manager’s Index showed higher input prices in April 2022.
Market Update: STI down 1.38%
Jardine Cycle & Carriage is the only firm in the green.
Keppel O&M gets around $250m worth of integration FPSO contracts
The contracts were from repeat customers.
Freehold good class bungalow on Joan Road on sale for $48m
The price is $1,628 per square foot.
FLCT’s DPU rose by 1.3% in H1
It went up to 3.85 cents from 3.80 cents.
SIA Engineering Company's group profit rises to $67.6m
The increase was driven by higher flight activities.
MPA ramps up fuel testing after contamination of over 200 vessels
Chlorinated Organic Compounds will be included in the list of chemicals for testing.
High Court convicts masterminds in 2013 Penny Stocks Crash
Soh and Quah controlled 187 trading accounts to manipulate stock prices.
F&B sales up 4.7% YoY in March 2022
Total sales value was estimated at $806m.
Corruption-related cases rise by 4% in 2021: CPIB
The majority of the cases were from the private sector.
Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform