News

China Tobacco discontinues Hengde Logistics Phase 1 lease: EC World Reit

The lease has a term from 5 October 2020 to 31 December 2023.

Slightly positive business outlook seen in manufacturing sector firms

A net weighted balance of 7% expects an improved situation.

MAS to test accepting QR codes from different payment schemes through single FI

A single financial institution will help unlock local and global payment.

Parkway Life Reit DPU up 2.8% in YTD 2023

The company's gross revenue recorded 24.6% growth due to higher hospital rents.

First Reit DPU down 6.1% in 9M

The current distribution per unit (DPU) declined to 1.86 cents.

Work-life balance vs salary: What do Singaporeans want?

A survey was conducted to delve into the motivations behind Singaporeans' career choices.

MAS partners with Japan, UK, and Switzerland for digital innovation

The MAS Project Guardian will carry out industry pilots for digital asset management.

Clifford Capital appoints UOB banker as group CFO

Herman Wijaya joins from UOB, where he was head of financial strategy.

Hiring managers struggle to find talent amidst rising costs

Around 19% of accepted candidates fail to pass probation or remain in their roles for more than six months.

Prime retail rents to increase between 3% to 5% in 2023

In 3Q23, the average gross rent of prime spaces island-wide rose 4.3% YoY to $26.70 psf pm.

What are the most popular HDB towns in 3Q23?

The price of 4-room flats in the most popular town ranges from $448,000-$770,000.

Residential property prices fluctuate in 2023, with minimal quarterly increases

Some experts expect rental growth for the remainder of 2023.

CapitaLand Ascendas REIT records 94.5% occupancy rate in Q3

CapitaLand Ascendas REIT bagged a $724.3m total acquisition in 3Q2023.