News

Bilateral trade in goods between SG-Africa growing at 15% per annum

As of 2022, trade value between the two markets has reached $19.4b.

ThaiBev CEO takes the helm as exco chair of Frasers Property Limited

Thapana Sirivadhanabhakdi took on the role on 30 August.

Sembcorp unit, Becamex to build 4 new Vietnam Singapore Industrial Parks

One of the four VSIPs will be built in Lang Son, Vietnam.

Frasers Centrepoint Trust divests Changi City Point for $338m

The REIT will use the net proceeds from the divestment to repay loans.

GuocoLand’s profit drops 47% YoY to $207.1m in FY23

The company recorded a profit decline despite a 60% YoY jump in revenue.

Condo rental market highest in July with 7,000 sales posted

A total of 7,282 units were rented in July 2023 compared to June.

IHH net income down 51% YoY in Q2

The decline was driven by foreign exchange losses amidst Turkish Lira devaluation.

IHH SG boss appointed as Group CEO

Dr. Prem Kumar Nair was chosen due to his strong credentials.

Singapore, Vietnam boost bilateral cooperation

They signed deals to improve relations in the green and digital economy, and innovation.

Electronic sector to recover in 2024

The industry was improved by the rise of AI.

Condo resale transactions up in July to avoid ghost month

Property experts share insights on latest condo resale data.