News

Businesses can waste $10.1b from bureaucracy woes

They also waste 5.5% time due to administration.

Freehold residential site Makeway View to en bloc

The owners set an asking price of $168m or $1,589 psf ppr.

Frasers Centrepoint Trust's NPI up 9.1% to $34.51m in Q1

Portfolio occupancy rate slightly improved from 92% to 92.6%.

Almost half of Singaporeans are unhappy at work

Management woes drive unhappiness at work.

Chart of the Day: Total hotel room supply rose 67.9% from 2009 to 2017

On average, 2,970 rooms were added a year for nine consecutive years.

M1 net profit down by 11.5% to $132.5m in 2017

This was due to increased depreciation and amortisation expenses.

Industrial occupancy dips despite growth of space supply

Occupancy rate fell from nearly 90% in 2016 to 87% in 2017.

Keppel REIT's NPI rose 15.3% to $36.24m in Q4

Thanks to higher income from Bugis Junction Towers and Ocean Financial Centre.

Wing Tai disposes Winner Godown Building for $365m

The net proceeds of $361,232 will be used for expansion.

SIA to deliver new aircrafts in 2018

The new aircrafts will be used for non-stop flights to New York and Los Angeles.

Singapore's CPI inflation eased to 0.6% in 2017

But private road transport inflation highly affected the decrease in CPI in Q42017.

Keppel DC Reit's NPI increased 37.6% to $125m in 2017

Thanks to acquisitions of data centres in Berlin, Milan and Singapore.

Singapore is the third most innovative country: Bloomberg

It has been praised for its education, especially in the STEM disciplines.