News

Prime office rents rise 0.9% YoY in Q2

Prime office rents rise 0.9% YoY in Q2

Knight Frank said Singapore’s prime office market remains stable.

Condo prices dip by 0.2% MoM in June

Year on year, overall rental prices increased by 2.5%.

Sing Holdings wins Chuan Grove tender

The partners will form a joint venture company to complete the acquisition.

PropNex inks partnerships on sustainability, healthcare

Under the MoU with Vantage Automotive, both organisations will promote green mobility.

OCBC, Singapore universities explore quantum tech in finance

The year-long partnerships aim to study the use of quantum computing and cryptography in derivative pricing, fraud detection, and data security.

SG-listed companies fall short in climate-related disclosure: report

Only 36% of listed companies have set net-zero targets, and a third of those have not disclosed any transition plans.

Singapore risks export slump in H2 as front-loading effects fade

Front-loading activity could lead to a slowdown in the months ahead, the report stated.

S-REITs hold DPU flat as market prices in rate-cut optimism: analyst

CGS International has reiterated its Overweight rating on the sector.

Singaporeans express low concern on AI fraud in travel sector

Willingness to verify identity on sharing economy platforms such as holiday rentals has fallen by 11 percentage points.

Corner shophouse at East Coast Road up for sale for $9.5m

The sale will be via an Expression of Interest exercise.

Singapore banks’ interest income expected to come weaker in Q2

Net interest margins of the 3 banks are expected to compress by 5-7 basis points.

Alibaba Cloud to boost CapitaLand’s digital operations in China

The enhanced collaboration will include the use of Qwen, Alibaba Cloud’s proprietary large language model.

Singaporean rental platform launches free home insurance

The insurance is embedded directly into the platform in partnership with discovermarket.

mm2 Asia faces rent demands for Cathay Cineplex

The payment sum of $2.6m has to be paid within three weeks.

Metech, MLF Ingredients enter deal to develop food waste system

This will produce premium protein powder and black soldier fly biomass.