News

IREIT Global to lose top tenant at Berlin Campus

IREIT Global to lose top tenant at Berlin Campus

DRV contributed about 20% of IREIT Global's gross rental income in Q1 2024.

Singapore asks Facebook, Carousell to put up stronger safeguards against scams

The Online Criminal Harms Act was passed in July of last year.

Fallen Singapore oil tycoon OK Lim puts GCB up for sale for $43m

OK Lim last month was found guilty of three criminal charges.

Singapore dominates Southeast Asia tech funding

The city accounted for 68% of total funds raised in SEA in H1 2024.

Daily Markets Briefing: STI up 0.21%; Top stock is DFIRG USD

DFIRG USD is the top stock with a 2.67% increase.

River Valley Green site gets $464m top bid, no offers for Upper Thomson Road

Wing Tai's top bid for River Valley Green (Parcel A) translates to $1,325 psf ppr.

North Bridge Road, Bayshore to see strong reception in October BTO exercise

Projects in Kembangan and Ang Mo Kio will be popular too.

Mapletree sells US student housing asset

The property serves Appalachian State University in the town of Boone.

Seatrium to pay $77m in settlement to Awilco 

The two parties have been in dispute since 2020.

HSBC Singapore unveils Live+ credit card for lifestyle spending

It offers an 8% cashback and 15% discount on selected transactions.

Ascott and SG Enable partner to enhance disability inclusion in hospitality

The initiative will provide workforce training and enhance inclusive spaces.

Less than 0.5% of SG office stock needs annual repurposing

This reflects the country's effective office stock utilisation.

Keppel REIT prices A$175m floating rate green notes due 2027

Funds from the issuance will support the REIT's acquisition in Sydney.

MPA seeks compensation from Marine Honour for oil spill damages

Marine Honour is also liable for at-sea and on-shore cleanup costs.

Carro secures $75m multi-currency loan from HSBC

The loan will boost the company’s liquidity.

Civil servants to receive mid-year bonus of up to $250

PSD considered the economic outlook when deciding to give mid-year bonus.

HDB rents drop 0.3% MoM in May

Year-on-year, however, rents rose by 6.2%.