News

Utico offers part cash redemption to Hyflux investors

Small investors of up to $3,000 could get 50% cash redemption.

Frasers Property's Rivière to open for preview on 25 May

The two 36-storey towers will comprise 455 residential units.

Previews for luxury condo Jervois Privé at Tanglin to open on 25 May

The 45-unit freehold complex sits on a 27,209 sqft site in District 10.

Eagle Hospitality REIT's IPO falls flat as investment banks pick up slack

Investors subscribed to less than half of its stapled securities.

Manufacturing output rose 0.1% in April

Higher biomedical manufacturing and chemical output supported the sector recovery.

S-REITs hit average total returns of 13.6% in 2019 YTD

Strategic acquisitions are also boosting REIT distribution yields.

Changi Airport saw 5.58 million passengers in April

Passenger traffic from Australia rose significantly.

CapitaLand to inject Shanghai office to maiden discretionary PE fund

The divestment takes into account the agreed property value of about $621m.

European firms to build mobile air taxi port in Singapore

Volocopter and Skyports will hold public flight trials by H2 2019.

Keppel Infrastructure Trust launches $1b multicurrency debt programme

The proceeds will be used to finance acquisitions and asset enhancement works amongst others.

Inflation down to 1.3% in April

A fall in the electricity & gas and lower food inflation offset higher services costs.

COE prices closed lower in latest bidding exercise

Category A vehicles saw the biggest premium decline of $9,704 to $27,000.

Singapore trails behind India in willingness to embrace workplace automation

However,more than half agreed that AI will boost job efficiency and productivity.