News
Budget 2022 unlikely to deviate from last year: OCBC
Budget 2022 unlikely to deviate from last year: OCBC
The total expenditure in 2021 was estimated at $102.3b or 20.2% of GDP.
Market update: STI down 0.19%
DBS was seen with the most growth.
Lendlease acquires additional plot within TRX
This is the second joint-venture agreement between Lendlease and TRX City Sdn Bhd.
SG to host Asia-first XM innovation hub
SAP, Qualtrics, and the EDB commit $14m for experience management (XM) innovations.
Jefferies sees QoQ bottom line decline for UBS, OCBC, and DBS in 4Q21
Among the reasons for the decline is the weaker non-intertest income of banks.
FLCT overseas vacancy rates remain tight in Q1 2022
Logistics properties in the UK, Europe, and AU remain at 100% occupancy.
Singaporeans want more biometric payment cards —survey
Latest industry survey reveals 88% of Singaporeans prefer biometric cards.
First REIT’s net income rises 29.4% to $100.2m in FY2021
Despite this, the REIT’s DPU dropped 37.1%.
Changi Airports International authorises re-auction of Concessionária Aeroporto Rio de Janeiro
The current concession is up for a 25-year term till 2039.
Acquisition dispute: Keppel unit pursues arbitration action vs SPH
The move came after SPH terminated an implementation agreement related to Keppel’s takeover bid.
Commercial real estate acitivty soars 177% to $12.09b in 2021
The sale of One George Street drove the market turnaround.
Market update: STI up 0.28%
HongKongLand was seen with the most growth.
HDB resale prices up 1.1% MoM in January 2022
At least 27 HDB resale flats were transacted for around $1m.
Manulife H2 2021 a miss: Maybank
But improvements in operations were seen due to strong leasing momentum.
60% of SMEs uncertain about int'l expansion: QBE
Small businesses have put internationalisation aside within the next 24 months.
Singtel joins hands with Zip to offer BNPL service in Dash app
Zip offers four interest-free instalments across six weeks.
Keppel O&M inks contracts worth around $250m from returning clients
Clients include GAS-fifteen, MODEC, and a subsidiary of Royal Boskalis Westminster N.V.
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Commentary
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