News
Netlink NBN Trust records a 4.0% YoY higher profit of $85.1m in 9M24
Netlink NBN Trust records a 4.0% YoY higher profit of $85.1m in 9M24
The REIT attributed its improved profit to higher revenue.
CapitaLand’s new acquisitions to boost its funds under management in SEA to $1.2b
Two of the four acquisitions are industrial properties in Singapore.
Mapletree Industrial Trust divests Tanglin Halt assets for $50.6m
The REIT will be selling off five-storey and two-storey flatted factories.
Record total income for DBS exceeds $15b FY’23
DBS’ profits soar to $7.7b in 2023.
Almost half of employers still reluctant to use AI in recruitment
Employers who have utilised AI do so for shortlisting, amongst others.
Daily Markets Briefing: STI down 0.11%; Top stock is DBS
DBS is the top stock despite a 0.628% decrease.
Demand for larger homes fuel HDB resale price growth: experts
A new record number of million-dollar flats was recorded last month.
Retail sales growth to moderate to 1.0% YoY in 2024: expert
Last year, retail sales grew 2.3% YoY.
LTA needs $40m to extend the system running adult EZ-Link cards to 2030
The CBT system for adult commuters will reach end-of-life in 2024.
8 in 10 cybersecurity and IT professionals experience cyber burnout—survey
82% of Singapore respondents experienced increased of burnout in the last 12 months.
HDB resale prices rise 1.5% MoM in January
Year-on-year, prices rose by 5.7%.
HDB doubles supply of Parenthood Provisional Housing Scheme flats
The agency increased the flat supply to 4,000 by 2025 from the current 2,000.
CICT posts 2.1% YoY higher income of $362.5m in 2H23
The REIT attributed the increase to its sound operational performance.
CapitaLand-backed The Work Project signs JV to expand flex-workspace in Australia
Dexus’ operations will be transferred to TWP.
Paragon REIT’s net property income rises 1.7% YoY to $215.1m in FY23
Despite higher income, the REIT declared a 9% YoY lower DPU.
Native Land appoints Chris Fossick as non-executive director
Fossick was formerly JLL Southeast Asia’s CEO.
Hong Lai Huat sells Cambodia properties for $50m
The properties will be sold into two separate sale and purchase agreements (SPAs).
Commentary
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The real price of doing nothing: Singapore's counterfeit challenge
The intersection between AI and the Workplace Fairness Act
The adversary ecosystem Singapore boards must confront
Why Singapore’s fast payments need faster protections
Singapore’s next 60 years begin by strengthening its foundations for AI
Competing on value, not price: Why managers must rethink customer propositions
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