News
Frasers Centrepoint Trust completes $338m divestment of Changi City Point
Frasers Centrepoint Trust completes $338m divestment of Changi City Point
The net proceeds from the divestment is $329.7m.
China Tobacco discontinues Hengde Logistics Phase 1 lease: EC World Reit
The lease has a term from 5 October 2020 to 31 December 2023.
Slightly positive business outlook seen in manufacturing sector firms
A net weighted balance of 7% expects an improved situation.
MAS to test accepting QR codes from different payment schemes through single FI
A single financial institution will help unlock local and global payment.
Parkway Life Reit DPU up 2.8% in YTD 2023
The company's gross revenue recorded 24.6% growth due to higher hospital rents.
Great Eastern profit attributable to shareholders grew 21% in Q3
It increased to $180.2m.
First Reit DPU down 6.1% in 9M
The current distribution per unit (DPU) declined to 1.86 cents.
Work-life balance vs salary: What do Singaporeans want?
A survey was conducted to delve into the motivations behind Singaporeans' career choices.
MAS partners with Japan, UK, and Switzerland for digital innovation
The MAS Project Guardian will carry out industry pilots for digital asset management.
Clifford Capital appoints UOB banker as group CFO
Herman Wijaya joins from UOB, where he was head of financial strategy.
Hiring managers struggle to find talent amidst rising costs
Around 19% of accepted candidates fail to pass probation or remain in their roles for more than six months.
Daily Markets Briefing: STI up 0.08%; CapitaLand Ascendas REIT is top stock
CapitaLand Ascendas REIT grew 2.79%.
Prime retail rents to increase between 3% to 5% in 2023
In 3Q23, the average gross rent of prime spaces island-wide rose 4.3% YoY to $26.70 psf pm.
What are the most popular HDB towns in 3Q23?
The price of 4-room flats in the most popular town ranges from $448,000-$770,000.
Residential property prices fluctuate in 2023, with minimal quarterly increases
Some experts expect rental growth for the remainder of 2023.
CapitaLand Ascendas REIT records 94.5% occupancy rate in Q3
CapitaLand Ascendas REIT bagged a $724.3m total acquisition in 3Q2023.
Central bank's cyber security panel propose ways to fight AI risks and malware scams
Mobile banking and payments should have strengthened multi-factor authentication (MFA).
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Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform