News

Recovery of retail rents to be uneven: analyst

Experts forecast a slower increase of 2.0% YoY for the Suburban Area.

Standard vs. Plus vs. Prime: How do the new flat classifications differ from one another

The government will implement the new flat classification in 2H24.

Overall condo resale prices up 7.4% YoY in July

OCR posted highest price increase with 9%.

Leasing volumes in industrial market grows 6.1% YoY in Q2

There were 3,298 tenancies in the second quarter of 2023.

TMG's EBITDA grows to $103.3m in FY23

Its Singapore segment revenue was driven by higher bill sizes.

SG, Vietnam boost cooperation in new and emerging sectors

Amongst sectors where the two countries will collaborate include energy connectivity.

IHH Healthcare beefs up stake in India’s Gleneagles Global Hospitals 

The SG-based healthcare provider acquired the additional stake for $121.1m.

SG, India kickstart cross-border trade financing

The countries had their first live transaction using the TradeTrust Framework.

Business receipts of service industries rise 3.9% YoY in 2Q23

Recreation & Personal Services had the highest growth in revenue amongst industries.

Manufacturing output dips 0.9% in July

Excluding the biomedical manufacturing segment, the output would’ve grown by 1.7%. 

Daily Markets Briefing: STI increases 0.26%

Sembcorp Industries, highest stock, closed trading at 2.28%.

Gen ‘Z’ to change the course of insurance: Igloo

The emerging trends include embedded insurance, pet insurance, and gaming insurance.

MOH, Australia sign MOU to boost health coordination amidst ageing population

Potential collaborations are in aged care, primary care, and health financing.