News

Business optimism up in Q3

Construction, transportation and finance sectors are the most optimistic.

Hong Leong Asia’s China Yuchai greenlights US$40m share buyback plan

The plan will be funded through operating cash flow and existing cash balance.

Singapore port container throughput soars to 16.90 million TEUs in 5M 2024

Container volumes handled in Singapore for the period increased by 7.7% YoY.

Savills to market 25% stake in Edinburgh’s St James Quarter

Savills was also appointed to market W Edinburgh's freehold disposal.

Yongmao Holdings settles crane incident with CMNT Investment

The incident involved a tower crane sold by Yongmao Machinery to CMNT in 2016.

Majority of heirs of Singapore family businesses find it hard to keep up with AI: study

The top concerns cited were cybersecurity, misinformation and legal risks.

Seatrium and GE Vernova secure third contract for TenneT's 2-GW HVDC system 

It is set to commence in June 2024, with commissioning expected by 2031.

Suntec REIT’s DPU drops 13.0% YoY in Q1 2024 to $0.226

The REIT recorded a lower DPU and a higher revenue for Q1 2O24.

Chart of the Day: More firms reported payment delays last year

The share of Singapore firms with payment delays fell to 62% from 77%.

Biomedics Laboratory to undergo voluntary liquidation amidst revenue slump

The company has faced challenges in carrying out its primary laboratory services business.

Freehold, 999-year condos will become harder to find in the long run: expert

District 15 has the highest number of boutique 999-year/freehold projects.

Nearly half in accountancy and finance open to new career opportunities: report

Most in demand roles include business partner and finance analyst.

5-room HDB flat at City Vue @ Henderson sets record with $1.588m sale

Huttons expects over 700 million-dollar flats to transact this year.