News
Ascott, C-WELL acquire Bugis hotel, to relaunch under lyf brand
Ascott, C-WELL acquire Bugis hotel, to relaunch under lyf brand
The planned lyf Bugis Singapore is expected to launch in mid-2024.
Ascott launching 8 new lyf properties over next four years
The new properties are located in Singapore, Malaysia, Bali, Sydney, Tokyo, and Frankfurt.
Former ATL exec director jailed for breaching director duties
He was sentenced to 6 months in prison.
Fitch Ratings expects Singlife acquisition to boost Sumitomo Life’s credit profile
The acquisition is still subject to regulatory approval in Japan and Singapore.
37% of S’porean businesses plan to explore coverage amidst high-risk environment
Cyber risk remains the primary concern of executives.
McKinsey sees Singapore’s manufacturing constrained, services resilient
Advanced estimates showed GDP grew 1.2% in 2023.
Daily Markets Briefing: STI up 0.15%; The top stock is DBS
DBS is the top stock despite a 0.152% decline.
Latest COE bidding results in declines in 4 categories
The exercise received a total of 3,303 bids.
Only 1 in 4 businesses confident for economic improvement in 2024: poll
Manpower cost becomes the main factor of increased business costs.
Luxury retail property on Orchard Road up for sale
The deadline for expression of interest is on 6 February at 3 pm.
Imperial College London opens first research centre in Singapore
The centre aims to establish Singapore as a global leader in health cybersecurity and AI for healthcare.
Yanlord Land Group presales 52.5% lower in 2023
Presales for the month of December are 49.1% lower than a year ago.
Telecom service revenue to dip by 0.2% by 2028
Operators in mature mobile services segments should focus on service differentiation.
Singapore seeks to mitigate rising sea levels, hotter temperatures
Amongst climate mitigation plans include reclaiming around 800 hectares of land.
FairPrice to provide return vouchers to bolster government's CDC support package
FPG will supply S$8 in return vouchers for every single transaction at any FairPrice store.
Allianz S’pore will improve premiums in the next two years – S&P Global Ratings
Problems may still rise if the insurer deviates from strategise or faces funding challenges.
HDB resale prices up 5.8% in December 2023
Not less than 47 HDB units were resold for at least a million dollars during the month.
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