News
Singapore to launch Southeast Asia’s 1st floating, stacked energy storage system
Singapore to launch Southeast Asia’s 1st floating, stacked energy storage system
It will start operations in the first quarter of 2024.
MPA calls for proposals on the adoption of electric harbour craft in SG
Submission of proposals is open until 19 December 2023.
Standard Chartered appoints new regional heads of private banking
The appointment is effective 1 January 2024.
Experts forecast a starting price of $550,000 for 4-room flats in Tanglin Halt development
The development is likely to adopt a prime location public housing (PLH) model.
Unit sales of tech and durables market drop 3% YoY in 1H23
Across subsegments, IT recorded the biggest drop in value in USD terms, falling -8%.
Keppel reports 5% YoY higher revenue of $5.3b in 9M23
The company attributed its better performance to strong earnings growth for its 3 segments.
Manulife US REIT renews lease with 4th largest tenant
Kilpatrick Townsend extended its lease at 1110 Peachtree, Atlanta, to 2030.
How Singaporeans' consideration of Deliveroo and Gojek services changed following tie-up
The partners began offering discounted rides and food to its users on 1 August.
Record building completion to soften office rents in 2024
Savills expects rents to soften from -2% YoY to -3% YoY.
Daily Markets Briefing: STI down 1.18%; Venture is top stock
Venture is most active stock, trading 0.09%.
IHRP, SPETA secure partnership to boost human capital in the manufacturing sector
The manufacturing employer handbook was developed to identify strengths and opportunities.
Net effective costs for prime occupiers in Singapore hit US$144.25
Singapore has the 7th highest net effective cost in the world.
Frasers Property Singapore named as regional sector leader in ESG
Frasers Property Industrial was also recognised for its Australia-based assets.
5 ground-level commercial units at The Hillford up for sale
The price of individual units starts from $1.2m.
Visitor arrivals dip for 2nd straight month in September
Total visitor arrivals from January to September rose by 171% YoY to 10.14 million.
Niks Professional launches IPO to raise $3.3m
The company is offering 21.8 million shares at $0.23 apiece.
Standard Chartered SG derisking pays off as asset quality improves: analyst
Though its lending profile is less diverse than local banks, capitalization remains strong.
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