News
CPF members to pay lower contribution for home protection insurance
About 510,000 CPF members will be covered by the said reduction in HPS premiums.
CapitaLand's portfolio value hits $10.9b
It is poised to benefit from the growth of Frankfurt’s banking district and overall office market after its acquisition of 94.9% of Galileo.
ARA takeover lowers Cache Logistics Trust's lease renewal risks
Lease expiries fell to 6.7% of leasable area for the rest of 2018.
JTC to sell 12.59 ha of industrial sites in H2 2018
There are six sites under Confirmed List whilst seven sites are part of the Reserved List.
GIC eyes stake in rival of its Australian retirement village firm
Gateway Lifestyle Group is Australia’s largest operator of land lease communities.
MYP sells Cecil Street property for $247m
MYP Plaza has 14-storeys of office units and 3 basement car park levels.
GrabCycle stops offering oBike bicycles in marketplace
oBike stopped its Singapore operations yesterday after struggling with licence requirements.
Singapore jumps to 4th spot in costliest cities for expats
For instance, coffee in Singapore is at US$5, which is significantly cheaper than coffee in Seoul (US$10) and Hong Kong (US$7).
ST Engineering and SP Group to launch Singapore's first pay-per-use IoT platform
The platform includes smart city applications, a cloud network, and a multi-access computing infrastructure.
Daily Briefing: GrabCycle pauses sign-ups after oBike closes; Wilmar cuts ties with suppliers accused of deforestation
And a Singapore-based digital lender bags funding from SIG Asia Investments.
Chart of the Day: Fewer launches in January to May dent new-home sales
There were 124 new units sold for every unit launched.
Daily Markets Briefing: STI down 0.81%
The sharp retreat on Wall Street fueled by trade tensions could mute gains today.
Climbing oil prices to hurt Singaporeans' purchasing power
The MAS reiterated its warning that imported inflation is likely to rise.
PropNex launches Mainboard IPO at 65 cents per share
It aims to raise $38m and boost market cap to $240.5m.
STI falls 10% from peak over trade tension woes
Analysts also see more headwinds for Singapore due to interest rates.
Singapore's inflation rate rose to 0.4% in May
This was due to a faster pace of price increases across all the major categories.
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