News
Retail space in Tiong Bahru on sale for $3.3m
Retail space in Tiong Bahru on sale for $3.3m
Knight Frank will sell the property via an expression of interest exercise.
Inflation edges up to 4.1% in September
MTI attributed the increase to a pickup in private transport inflation.
MPA to kickstart digital bunkering initiative on 1 November
It will become the world's first port to implement electronic bunker delivery notes.
Daily Markets Briefing: STI declines 0.76%; Frasers Logistics & Commercial Trust is most active stock
Frasers Logistics & Commercial Trust grew 0.99%.
Which district has the highest shophouse sales in 3Q23?
The top district accounted for 19 of the 38 shophouses sold during the quarter.
Industrial sales drop 16.4% QoQ to 381 deals in 3Q23
Sales value likewise fell, dropping 13.9% QoQ to $922.7m.
SG records $7b of investments in Q3 2023
59.2% of this volume is from GLS deals.
EMA, MPA shortlist 6 consortiums for low-carbon ammonia project
The request for proposal for the consortiums will be launched by the end of 2023.
IRAS recovers $79m in taxes and penalties
The audits revealed 4 common tax filing mistakes amongst companies.
Singapore to centralise gas procurement to ensure stable supply
A new entity, Gasco, will lead the procurement of gas supply.
SG’s bolttech partners with Three Sweden for gadget protection
The insurance is underwritten by AIG.
Liberty Mutual Re names Alex Koh as senior underwriter in Singapore
Koh will be managing and expanding LM Re's existing reinsurance portfolio.
Singapore Polytechnic and Microsoft ally for digital manufacturing push
Its goal is to aid Singapore’s target of boosting the sector by 50%.
SG, Saudi boost cooperation on digital economy, energy efficiency
Through the Energy Cooperation Roadmap, the parties will create low-carbon solutions, amongst others.
Suntec REIT’s distributable income falls 13.3% YoY to $52m in 3Q23
Given the decline, the REIT proposed a 14.0% YoY lower DPU.
Yangzijiang CEO Vincent Toe to end term on April 2024
Executive Chairman Ren Yuanlin will replace Toe.
Keppel taps Kevin Chng as CFO
Chng will replace Chan Hon Chew, who will retire on 31 December.
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