News

Good class bungalow prices to soften until 1H17

As of December this year, average prices fell to $1,323 psf.

Shopping malls overtake casinos as biggest earner in Singapore tourism

Shopping spending surged 44% in the first six months of the year.

Business optimism hits another historical low in 4 years

Wholesale trade emerged as one of the most pessimistic sectors.

Ascendas REIT reallocates assets to Australia

It divested assets in China while expanding presence down under.

F&N eyes increased stakes in Vinamilk

It currently holds 10.95% stake in Vietnams largest dairy company.

Stronger oil prices could turn a bane for Singapore refiners

Refining margins are still below 2014 and 2015 levels.

Chart of the Day: RevPARs to face further downward pressure in 2017

RevPar was down 3.3% to $201.9 from January to September this year.

Singapore's real wage growth could reach 4.7% in 2017: study

The median base salary movement is forecast to be at 4%.

West Coast Vale site to attract bids ranging $222.1m to $246.8m

EL Development could place a bid to secure sites along West Coast Vale.

TPG more likely to outbid MyRepublic in the 4th telco race

Reserved price for spectrum lots could be higher than $35m.

Why a severe dip in home prices is unlikely

It could only drop 3-7% next year, says analyst.