News
Alpina consortium wins $115.7m contract for facilities management
Alpina consortium wins $115.7m contract for facilities management
The contract will commence in January 2025.
Seven in ten Singaporean shoppers open to no packaging for online orders: report
Shoppers were mainly concerned about recycling or disposing of the packaging.
Singapore’s workforce trusts AI to drive business more than global average: survey
Gen Z and millennials most likely to use AI tools.
Prime office rents rise slower at 1.3% in H1, flat growth seen for H2
The occupancy rate in Raffles Place/Marina Bay hit 95% in Q2.
Inflation still at 3.1% in May as power, gas costs rise slower
Core inflation unchanged since March, headline inflation up from 2.7% in April.
Stress levels among Singapore firms highest in Southeast Asia: report
The report also showed optimism in the labour market is waning.
ESR secures CSRC approval for China logistics REIT
The initial portfolio includes three logistics assets in Kunshan, Jiangsu Province.
Multiplay service revenue to soar to $1.3b by 2028
It will grow at a compound annual rate of 3.9% over five years.
Daily Markets Briefing: STI up 0.17%; Top stock is ST Engineering
ST Engineering is the top stock with a 1.47% increase.
SingPost pilots Singapore’s first postal collection via SMRT trains
Mail ambassadors will be assigned to Tampines and Raffles Place MRT stations.
HDB rents seen improving after May’s weak showing
HDB rents slid 0.3% MoM in May.
High investor interest boosts Singapore real estate
Resilient market attracts international investment despite the global downturn.
Singapore needs renewable import boost to hit net-zero goals
Doubling renewable imports is the key.
ESR Group receives no objection letter from Shanghai Stock Exchange for logistics REIT spin-off
The CSRC has also approved the registration of the REIT.
NParks and URA launch design competition for Raffles Place Park revamp
The revamp aligns with broader plans to introduce more mixed-use and inclusive spaces.
SIAS cites ‘dilemma’ for minority shareholders amidst OCBC's GE offer
OCBC earlier announced a $1.4b offer to acquire the remaining 11.56% stake in GE.
Geo Energy recovers 67% of unpaid receivables via sale of creditors’ rights
The company sold the creditors’ rights for US$18m.
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