News

SIA passenger load factor rose 4.4 ppt to 84.8% in August

The stronger returning traffic amidst the summer holidays improved PLF.

Sembcorp clinches 20-year solar power deal for Facebook's Singapore operations

They will install close to 900 solar panels in Singapore rooftops from 2018 to 2020.

CapitaLand buys 16 US properties for $1.14b

The 3,787 apartment units have an average occupancy rate of over 90%.

Laguna Park up for en bloc sale at $1.48b

It can be redeveloped to about 2,487 units.

Mortgage growth for DBS could stay healthy despite property curbs

And its net interest margin could get a boost by a hike in the US federal funds rate.

Changi Airport Terminal 4 trials bot technologies

They eye to make Terminal 5 the world’s largest and most automated terminal.

Equity capital market activity hits two-year high at US$3.8b YTD

Follow-on offerings outpaced IPOs and convertibles in proceeds.

Developers' home sales crashed 63% to 616 units in August

The ghost month festival and the property curbs were a double whammy.

Nine precincts join business improvement district programme

They include historic, civic, and mixed-used districts.

Singapore rolls out unified payment QR code

It is the first-of-its-kind to combine multiple payment QR codes.

Grange Heights to go en bloc at $820m

It has a building height control of up to 36 storeys and a proposed GFA of 39,108.9 sq m.

NODX eases down growth to 5% in August

The growth in non-electronic NODX outweighed the declines in electronics.

UK acquisition could uplift SPH amidst media business declines

Earnings from the media segment dropped by $10m to $12m from 2016 to 2017.