News

Manufacturing output drops 3.1% YoY in December 2022

Excluding biomedical manufacturing, output would have grown by 0.3% YoY.

FCT's retail portfolio committed occupancy rises to 98.4% in Q123

The REIT attributed the increase to healthy leasing demand.

MapleTree Industrial Trust's NPI drops 1.2% QoQ to $128.8m  in Q322/23

On a year-on-year comparison, however, NPI rose by 4.9%.

Frasers Property, FCT acquire 50.0% stake in NEX for $652.5m

NEX is the largest suburban retail mall in Northeast Singapore.

HDB resale prices ‘soften’ after September cooling measures

Price increases slowed to 2.3% in the fourth quarter.

HDB resale price increase slows to 2.3% in Q4 

This is also the slowest increase in the past year.

Non-registered SMS to be labelled ‘likely-scam:’ IMDA

Starting 31 January, the IMDA mandated the registry to SSIR.

Occupancy rate industrial property market declined 89.4% in Q4 22

Prices and rentals increased even as the occupancy dropped.

Analysts suggest more policy tightening to keep inflation in check

RHB and UOB said this is a precautionary measure if core inflation accelerates.

EDPR Sunseap, Schneider Electric to drive solar energy advancement in Singapore

The partnership is intended to boost access to cleaner, affordable, and more reliable energy.