News

What could support new home sales in 2023?

CBRE expects 7,500 to 8,000 units to be sold for the entire year.

Over 40,000 food service workers to receive wage increases

The baseline wage for full-time workers will increase to $2,080 in 2025.

Singtel’s net profit falls 28% to $532m YoY in Q3

The company’s operating revenue likewise fell, declining 5.1% YoY.

Shell, BP amongst Singapore’s most searched UK stocks—study

The study also revealed consumers’ strong interest in gas and oil companies. 

CPF measures for seniors to benefit about 112,000 members

More than 80,000 of the members will receive payouts in their coming birth month.

Budget 2023: Which sectors will be the hardest hit by the 2023 budget measures?

Real estate sector will be mildly hit whilst global firms may expect problems from corporate tax.

Daily Markets Briefing: STI declines 1.18%; Yangzijiang is most active stock

Yangzijiang Shipbuilding and Keppel Corporation were the only top stocks.

Chart of the Day: Vacancy rate for office CBD buildings up 0.4% in Q4 22

Grade AA buildings posted the highest increase in vacancy rate.

Singapore Furniture to ramp up support to businesses, employees

This came following Finance Minister Wong’s call for businesses to upgrade.

Growing demand for ESG-compliant offices expected in 2023: Savills

It will help offset impacts of economic woes on demand for office buildings.

Set of 3 freehold shophouses in South Buona Vista Road up for sale

The collective guide price for the shophouses is $22m.

GS Building sells for $67m

JVA Venture Pte Ltd won the tender for the property’s collective sale.

Budget 2023 to empower business transformation: SBF

The government's measures include a $4b top-up to the National Productivity Fund.

Budget 2023: Industry players applaud government's business support initiatives 

Amongst measures included in the budget was the extension of the Enterprise Innovation Scheme.