News
Household income grows faster than spending from 2017/18 to 2023
Household income grows faster than spending from 2017/18 to 2023
Income grew 4.1% annually to $15,473, outpacing 2.8% expenditure growth to $5,931.
Singapore’s old-age support ratio nearly halves after 10 years
The labour force participation rate for younger individuals also declined.
Digital Core REIT responds to unitholder queries about Frankfurt acquisition
Queries include questions about its valuation and factors on size acquisition.
Real incomes rise in 2024 as wages increase and inflation eases
Both lower- and median-income workers experienced an increase in real incomes.
Singapore’s ageing population boosts demand for senior healthcare innovations
Experts highlight AI and robotics as key drivers in transforming aged care.
Hybrid work exposes generational divides in businesses
Changes in automation and collaboration were observed in hybrid teams.
IHH Healthcare’s YTD 2024 earnings drop 13% YoY
Excluding exceptional items, earnings grew by 35%.
Hong Kong Land unveils Westbund Central
The company now focuses on developing ultra-premium commercial properties in Asia.
Amazon invests $2b in Singapore to boost services in 2023
This funded improvements in infrastructures and additional jobs.
MAS sets new ICR, leverage caps, and tighter disclosure rules for S-REITs
The changes will take effect immediately.
Interra Resources gets 12-month extension for SGX watchlist exit
This allows the company to meet the required daily market capitalisation of at least $40m on average.
SBS Transit and French operator RATP Dev to operate Jurong Region Line
The passenger service is scheduled to open in three stages, starting in 2027.
Hong Lai Huat, The Assembly Place to develop projects in Cambodia
The parties aim to formalise several initiatives within the next 60 days.
ASL Marine applies to exit SGX-ST watchlist
The group has until 4 December 2024 to meet SGX’s requirements.
Marco Polo Marine’s net profit slips by 7.4% YoY in 2024
The company attributed this to a 2.8% YoY decline in revenue.
Platform Workers Act to drive industry costs higher by $493m a year
Workplace injury compensation insurance could add up to $42.88m annually.
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