News

2 in 5 Singapore homes switched electricity retailers since OEM launch

Those who made the switch saved 20-30% compared to the regular tariff.

Singapore's solar capacity to double over the next decade

The city’s solar-friendly policies and high irradiance could boost capacity to 319MW in 2028.

Real estate investment sales leapt 53.7% to $11.2b in Q3

Deals in the hospitality sector surged five times over.

NODX dropped 8.1% YoY in September

Electronic exports crashed 24.8% YoY.

Wilmar takes hit as China welcomes Argentina soybean meal imports

Lower cost soy meal alternatives threatens its domestic crushing business.

Keppel REIT NPI up 17.6% to $33.17m in Q3

It recorded higher income from Ocean Financial Tower and 275 George Street.

Frasers Property, Hitachi to invest $100m in digitisation of real estate

The two are looking for digital opportunities in Thailand and Australia.

Public cloud can give $41.09b boost to GDP: report

The deployment of a public cloud is also expected to add 22,000 jobs.

Good Class Bungalow at Nassim Road put up for tender

It is expected to sell for at least $175m.

Chart of the Day: Retail rents remained flat in Q3

Notable closures at Centrepoint include Metro’s flagship store, and TianPo Jewellery.

Daily Markets Briefing: STI up 0.59%

Venture led the gains amongst top active stocks with a 2.25% rise.

SGX RegCo, SISV to enhance standard of valuations for real estate

SISV will advise on property valuation reports and disclosures by listed companies.

Over 3 in 4 of finance heads see automation to boost jobs

Contrary to the traditionalist belief that human operations will be replaced.

MAS in talks to allow Chinese expansion of Singapore financial institutions

This will allow financial institutions in Singapore and China to expand to each other’s markets.