News

Rate hikes put heat on REITs

Rate hikes put heat on REITs

Nearly 80% of REITs are currently hedged, with only a minimal 9% of debts expiring this year.

Mixed use site Chinatown Plaza sold en bloc for $260m

It was sold to manufacturing group Royal Golden Eagle.

Chancery Court sold en bloc for $401.78m

It can be redeveloped into a five-storey residential development with a maximum of 481 units.

Commodity trading hits $28b in local business spending in 2017

Total employment in the wholesale trade sector also hit 15,300.

Domestic wholesale trade up 6.6% in Q1

Strong sales of petroleum products buoyed quarterly figures.

Capitaland to pay $569.6m for major stake in Frankfurt property

Analysts weigh in on the effects of the company's exposure in the German market.

Singapore Business Review Awards 2018 honours 22 outstanding firms

Over 160 guests graced the awards dinner held at the Conrad Centennial, Singapore on 17 May.

SilkAir to upgrade cabins for $100m and merge with SIA

Aircraft cabin upgrades are expected to start in 2020.

Chart of the Day: More tenants pre-commit to rent office buildings

Marina One enjoyed the largest pre-committed space of 1.3 million sqft, equivalent to 70% of the property.

Can the World Cup kick ThaiBev's alcohol business back into action?

The company expects consumption recovery due to match timings for Asian viewers.

Singapore Airlines recovers from loss as profits soared $181.8m in Q4

But it warned of intense competition in key operating markets and cost pressures.

Can flex work beat Singapore's looming talent crisis?

Singapore could lose $142.51b from labour deficit by 2030.

MAS bans six persons from financial advisory after misselling products

Their crimes involved forgery and making false financial advice, amongst others.

Has Singapore's manufacturing sector already peaked in Q1?

Electronics exports shrank by 6.9% and marked their fifth month of decline.

MAS shakes up banks' reporting standards

It will require data collection of RMB business activities and deposit rates to be rationalised.