News
Talent growth key to Singapore’s economic ambitions: KPMG
Talent growth key to Singapore’s economic ambitions: KPMG
Upskilling workers, emerging technologies and ESG initiatives as top priorities.
Singapore’s new health information bill allows patient data control
The Health Information Bill introduces measures for patient data sharing and protection.
Non-landed residential rents to drop 5% YoY in 2024
Savills said two factors might lead to rents failing.
DBS merges brokerage, digital exchange with treasury markets business
The new group, Global Financial Markets (GFM), will be headed by Andrew Ng.
EC World REIT takes legal action against sponsor amidst mortgage dispute
Its sponsor failed to discharge the alleged "illegal" mortgages imposed in its Fuyang properties.
SG, China ink 3 MOUs on trade and investment
China is the 2nd largest country where Singapore companies have a presence.
Sabana REIT schedules extraordinary general meeting for requisition notice
Details of the meeting have yet to be finalised.
SG to log $24.5b-$26b tourism receipts in 2023, beating STB forecast
In 9M23, tourism receipts already crossed the $20b mark.
Keppel’s net profit soars to a record high of $4.1b in FY23
The company said its FY23 net profit is its highest in history.
UOL-SingLand JV tops bidding for Orchard Boulevard site
It proposed a bid price of $428m.
CapitaLand Ascendas REIT’s distributable income dips 1.4% to $654.4m in FY23
With lower income, the REIT declared a lower DPU of $0.15160.
Lendlease Global Commercial REIT’s NPI soars 22.2% YoY to $93.4m in 1H24
Despite higher NPI, the REIT declared a lower DPU of $0.0210.
Plantation Close site attracts 4 bids
The top bid was $423m from Hoi Hup Realty and Sunway Developments.
Digital Core REIT declares 7.0% YoY lower DPU in FY23
The REIT also recorded a 7.3% YoY lower distributable income of US$41.5m.
Parkway Life REIT’s net property income climbs 14.1% to $139.1m in FY23
With improvement in NPI, the REIT recorded a 2.7% YoY higher DPU.
DPM Wong to deliver Budget 2024 on 16 February
The budget statement will be broadcast live across various platforms.
Frasers Hospitality Trust’s Singapore portfolio posts 16.6 YoY lower RevPAR in 1Q24
On a quarter-on-quarter comparison, RevPAR declined 25.7%.
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Commentary
SG60: What the next 10 years have in store for Singapore’s investment landscape