News
New fare formula to balance affordable rates and public transport’s financial stability
New fare formula to balance affordable rates and public transport’s financial stability
The government considered inflation and ridership patterns in the adjustment.
CapitaLand Ascott Trust’s gross profit grew nearly 60% YoY in Q1
New properties’ operating performance led to growth.
HDB rents rise 0.7% MoM in March
By room type, 3 Room recorded the highest rent increase.
Condo rents drop 0.3% MoM in March
Rents across sub-markets dropped in March, except for CCR.
Condo resale prices up 1.4% in March amidst widening price gap with new homes
Analysts said more buyers are turning to secondary market.
Daily Markets Briefing: STI down 0.84%; CapitaLand Invest is most active stock
Two CapitaLand firms are at the top.
Chart of the Day: Singaporeans’ preferences towards travel
Half of the travellers are staying in five-star hotels.
Two SG companies enter Top 500 Family Businesses
All of them generate a combined $10.72t in revenue.
Alipay+ accessible in 11,000 SG Hawker Centre stalls
Users of the platform and partner e-wallets can pay through the SGQR.
Precious metals seen as conservative trade in volatile economic environment
Expert suggests 10%-25% allocation in precious metals as volatility in macroeconomic situations calls for diversifying investment portfolios.
MPA extends partnership with SMU to support maritime talent exchange
The extension will help the industry's transformation towards digitalisation and decarbonisation.
Parkway Life REIT’s NPI up 23.5% YoY in Q1
The real estate firm’s net property income (NPI) grew to $35.2m.
Ascott wants to open 70 properties worldwide
It wants to leverage travellers’ appetite for new experiences.
Singapore, LA, Long Beach ports ink agreement to establish green, digital shipping corridor
The partnership aims to support the decarbonisation transition for ships and identify digital shipping solutions.
Singapore allows more foreigners to enter through automated lanes
They do not need to have prior enrolment to use the lanes.
Singaporeans may apply for a nearly 3-month e-Visa for Japan travel
Residents may apply for short-term visa with tourism purposes for 90 days.
First REIT net property income up 2.7% YoY to $25.8m in Q1 2023
This is supported by the full quarter contribution of its Japanese nursing homes.
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