News

OUE REIT’s NPI rises 1.6% in H1 2024

OUE REIT’s NPI rises 1.6% in H1 2024

The increase was due to a stable commercial property market and higher revenue from the hospitality sector.

SBF to boost global trade and investment with new initiative

SBF will enhance cross-border trade, develop private sector advocacy, and cultivate future industry leaders.

AIA Singapore gifts 6-month free coverage for national day

It plans to provide six months of complimentary insurance coverage.

Allianz Partners Expands SIA Insurance Offer in Australia

Passengers can purchase insurance during the booking process.

Singapore reclaims spot as most powerful passport in the world

Singapore beat a six-country tie to claim the top position.

Mapletree Logistics Trust's DPU down 8.9% YoY in Q1

Net property income also decreased by $1.5m or 0.9%YoY during the same period. 

Raffles Education plans $20m bond issue

It will be issued under Singapore's Securities and Futures Act 2001.

Oxley Holdings CEO denies involvement in Venice corruption probe

Ching Chiat Kwong referred to the accusations as “unfounded and untrue”. 

UOB names Susan Hwee as head of group retail

Eddie Khoo to retire; Lawrence Goh is new head of GTO.

Singapore proposes interest coverage ratio of 1.5 to all REITs

Currently, the ICR of 2.5 times applies only to select REITs.

Majority of Singapore firms use digital marketing but only a few can track progress: survey

Half face challenges in measuring the return on investment of their marketing campaigns.

Singapore reminds car dealers to remove warranty restrictions

The regulator also warned car dealers to avoid misleading customers.

Singapore launches $90m research programme for  hydrogen use, sustainable chemicals

The programme will be hosted by the National University of Singapore (NUS).

Daily Markets Briefing: STI up 0.04%; Top stock is YZJ Shipbldg SGD

YZJ Shipbldg SGD is the top stock with a 3.88% increase.

Singaporeans mainly tune into podcasts for education, entertainment: survey

Daily podcast listeners were 67% more likely to be listeners of daily broadcast radio.

Roxy Square mall and hotel for sale at $1.25b

The site has 296 shops, 26 apartments and 576 hotel rooms.

MAS revokes insurance broker license of Acesynergy Brokers

ABPL failed to comply with regulatory requirements.