News

OCBC SME Index: Which sectors are the best and worst performers of 4Q23?

Overall, SMEs' performance and health remained in a state of contraction with a 49.5 reading.

Thomson Medical granted 3 months extension to restore public float

SGX previously rejected the company’s appeal for an extension.

Sluggish demand drags HDB resale prices in 12 towns 

Resale price growth seen moderating to 3% to 5% this year.

Ascott's Oakwood portfolio sees 20% growth since 2H22

The portfolio has recorded over 20 new signings since Ascott’s acquisition.

Marina Bay Sands invests US$750m in 2nd phase of hotel development

The company plans to finish development works in phases through 2025.

Condo rents dip 0.5% MoM in December

Year-on-year, however, rents increased.

HDB rents rise 1.0% MoM in December

By room type, 3 Room recorded the highest rent decrease.

What kind of additional support do SMEs need from the government?

Five in 10 micro and small businesses are less confident about their 2024 growth prospects.

What are the most confusing financial terms for Singaporeans?

"Equity" ranks first with 270,000 average monthly searches.

HDI Global gets new SG branch managing director

Alex Tarantino will take the role of managing director for the SG office, whilst Andrew Cochrane will take over his current role.

Singapore REITs record 6.6% total returns in 2023

There are 42 REITs and property trusts in Singapore.

Singapore investors are amongst the most eager to divest assets in 2024

The 2024 net buying intentions of Singapore were only 8%.