News

Condo rents fall 4.2% YoY in Q3

Condo rents fall 4.2% YoY in Q3

Savills expects the YoY rent change to stabilise in the next quarters.

Wavemaker Partners launches $40.37m fund for SEA Series B startups

It aims to back eight to 12 companies, investing between $4m to $10.76m.

Centurion’s revenue rises to $62.1m in Q3 on high rental income and occupancy

Across markets, Singapore reported the highest revenue uptick of 26% YoY.

Metro Holdings’ H1 FY25 profit down 59.6% YoY amidst China property slump

It reported fair value losses net of tax of $11.1m from its China investments.

StarHub’s net profit rises 11.1% YoY to $40.4m in Q3

Growth in select business segments drove the increase.

Jardine C&C 9M 2024 profits weighed down by weak car sales, currency

Singapore, Indonesia, and Vietnam all had reduced contributions.

Over 1 in 2 Singapore firms plan overseas expansion in 2024

The top markets for expansion are Vietnam, Indonesia, and Thailand.

Japan Food Holdings suffers $1.6m net loss in HY 2025

Higher operating expenses drove the decline.

Zixin Group posts $1.45m profit in H1 FY2025

This is a turnaround from the $632,304 loss recorded in the same period last year.

Non-landed homes rental index inches up by 0.5% in Q3

This followed three consecutive quarters of decline.

Singapore Tourism Board unveils two initiatives to boost sustainable tourism

Tourist attractions may pursue certification starting in 2026.

SG justifies blocking $2b capital withdrawal in Income-Allianz deal

This proposed extraction does not align with the representations made to MCCY.

NEA approves LTVP holders as hawker assistants to address labour shortages

Productivity programs were launched to reduce labour dependency.