News
Deal activity in Singapore drops 15% YoY in the first 4 months of 2024
Deal activity in Singapore drops 15% YoY in the first 4 months of 2024
Deal activity also dropped across APAC.
Daily Markets Briefing: STI up 0.47%; MapleTree Pan Asia is top stock
DBS is the top stock.
Johor-Singapore SEZ to spur trade, labour and investments: Maybank
The initiative could help ease the shortage of talent.
Singapore the eighth most preferred work destination in the world: report
For Singaporeans, nearly a two-thirds are willing to work abroad.
Purpose, social issues, drive Gen Z and millennial decision-making: report
Younger generations adhere to values in professional and personal lives.
Mapletree successfully closes Japan logistics fund
MAJIC is expected to manage over $1.0b in assets.
Singapore tourist arrivals hit lowest record YTD in April
The number of visitors fell to 1.36 million.
Jalan Loyang besar EC site may attract bids up to $750 psf ppr
The tender for the site will close on 1 August.
Osome raises $22.91m to boost profitability
This was generated through a mix of equity and debt.
Condo rents fall 0.4% MoM and 4.6% YoY in April
All sub-markets posted decreases except the Core Central Region.
HDB rents rise 0.3% MoM and 7.6% YoY in April
All room types reported a rent increase except 5 Room.
CATOS receives $50m boost to enhance online trust and safety
This is on top of the initial $20m announced by the government in January.
Centurion JV inks 5-year master lease for HK property
The lessee will covert the property to student accommodation.
SIA Group appoints Scoot CEO Leslie Thng as EVP
He will begin his duties as EVP on 1 July.
Netlink NBN Trust reports 1.1% higher DPU for FY24
The company attributed the increase to higher revenue.
NODX contraction eases to 9.3% YoY in April
In March, NODX fell 20.8%.
HDB launches tender for EC site at Jalan Loyang Besar
The site can yield 710 residential units.
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Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform