News
Native Land appoints Chris Fossick as non-executive director
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).
Retail sales drop 0.4% YoY in December
Month-on-month, sales fell by 1.5%.
F&B sales growth eases to 0.3% in December
In November, F&B sales grew 1.6% YoY.
Leasehold strata office sales climb 7.8% HoH to 114 in 2H23
Sales value for the period was $291.7m.
Daily Markets Briefing: STI down 1.54%; Top stock is DBS
DBS is the top stock despite a 1.148% decrease.
Singapore lags in AI integration despite consumer preference: study
AI bias in the city-state significantly more than the global average
Food delivery app drives digitalisation in F&B sector: report
Deliveroo estimated to have contributed $139m to the local economy.
Alipay+ enables usage of 6 international e-wallets in Singapore
Its merchants can now accept payments from up to 12 overseas e-wallets.
Kembangan development likely to fall under the Plus model
Huttons said the development may lift property prices in the area.
Frasers Property Limited’s pre-sold revenue hits $2.4b in 1Q24
Its net debt-to-equity ratio also increased to 78%.
Pan-United taps Cleantech Solar for solar PV systems
Approximately 900 solar panels will be installed at Pan-United's Singapore HQ and its Malaysian plant.
Cathay Pacific to resume daily Singapore-Bangkok flights
The daily flights will resume on 31 March 2024.
Dasin Retail Trust receives demand letter from executives on alleged outstandings
The REIT’s trustee-manager allegedly owes $783,376.
Hiap Hoe sells Melbourne hotel for $83m
The company will use the proceeds to repay bank borrowings and fund working capital.
KIT to acquire 98.6% stake in Victoria, Australia’s largest bus service business
The business trust will acquire the business for an enterprise value of $540m.
Singapore leaders pay tribute to late banking tycoon Wee Cho Yaw
Wee was hailed as a visionary leader and for his contributions to education and culture.
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