News

Chart of the Day: Number of empty homes expected to hit 11,271 in 2021

The proportion of stock under construction could fall to nearly 20%.

Cache sells Hi-Speed Logistics Centre for $73.8m

It is recycling its capital to create debt headroom.

Cache's NPI rises 10.2% to $23.52m in Q4

It gained from the rental top-up of 51 Alps Avenue and other properties.

SIAEC includes Hong Kong Airlines in Asian airline joint venture

HKA bought a 15% stake, decreasing SIAEC's interest from 47.06% to 40%.

Singapore cuts monthly COE quota for small cars by 7.3%

This dragged the average monthly COE quota for all vehicles to 8,544.

Wilmar's profits to turn sour due to delayed sugar harvest

It's expected to make profits of $476.39m, down from last year's $780.09m.

Singapore's NODX growth projected to slow down to 6.7% in 2018

How will GDP growth be affected by the moderation?

17 venture capital deals raised $205m in Q4

Singapore closed 2017 with $1.2b invested across 112 deals.

COE prices for small cars dropped to $36,890

It registered the biggest drop amongst all vehicle categories.

ST Engineering smashed records with $6.3b signed deals in 2017

The electronics division is expected to add $2b to the total.

Singapore toughens white-collar crime crackdown

The move follows high-profile cases like Singaporean financiers' link to the 1MDB.

Frasers Centrepoint Limited issues $300m fixed perpetual bonds

The bonds are part of its $5b multicurrency debt programme.

En bloc sale of 48-unit Hollandia launched for $163.15m

The buyer can redevelop up to 12 storeys and a gross floor area of 107,688 sqft.

Singapore to raise aerospace industry's value by $4b in 2020

It also wants to create 1,000 new jobs in the industry.