News

Daily Briefing: Luxury home prices down to all-time low at 2.9%; Taxpayer money will not be used to aid Hyflux investors

And Singapore-based offshore & marine company Swiber bags $200m from Seaspan Corporation.

Chart of the Day: Condo listings under mortgagee sales grew 26.7% in Q1

Private condo listings under mortgagee sales grew due to higher mortgage payments arising from growing interest rates.

Auction sales crashed 42.1% to $11.57m in Q1

It is attributed to buyers adopting a ‘wait-and-see’ attitude, waiting for upcoming new launches.

500,000 seniors to receive Merdeka Generation Package letters by end-April

Eligible seniors can expect to receive a one-off $100 Passion Silver card top-up and an annual $200 MediSave top-up for five years.

SIA Engineering-NokScoot joint venture to kickstart in Thailand

The joint venture will commence operations in Don Mueang International Airport.

ST Engineering to close acquisition of MRAS in Q2

It already secured the anti-trust approvals for the deal.

Hyflux refutes SMI's claims on restructuring terms

It argued that SMI knew the terms of the deal before they were published on 16 February.

StarHub says goodbye to cable TV

It will offer seven new entertainment passes for different media categories.

HDB resale prices dipped 0.3% in Q1

Leases for older flats are still falling despite the introduction of the VERS and HIP programmes.

CapitaLand's China retail unit to sell CapitaMall Wuhu after shutdown

The mall has been closed since Q3 2018 following the exit of its anchor tenant.

Private home prices dipped 0.6% in Q1

Condo prices fell 2.9% in the Core Central Region.

Daily Briefing: Electricity tariffs down 4.7% for Q2; VC firm DSG Consumer Partners raises $30m

And Wirecard rejects the link between its compliance manager’s exit and fraud allegations.

Chart of the Day: Singapore CFOs salaries beat Asian peers

Singaporean CFOs in multinational companies (MNC) usually earn up to $620,000.