News
US emerges as the top source economy of Singapore's portfolio investment liabilities
US emerges as the top source economy of Singapore's portfolio investment liabilities
Singapore's portfolio investment liabilities were at $593b as of the end of June 2023.
Daily Markets Briefing: STI down 0.1%; Top stock is DBS
DBS is the top stock despite a 0.468% decline.
MSIG Insurance launches personal accident plan with essential, recovery support
It offers payout and support in the event of accidental death or permanent disability.
Investment sales fall 26.8% YoY to $20.5b in 2023
The residential market accounted for 64.4% of total investment sales in 4Q23.
Ex-JP Morgan banker named chairman of Bahrain neobank Singapore Gulf Bank
Edmund Lee was formerly vice chairman of APAC for JP Morgan Chase & Co.
Industrial sales value drop 4.4% YoY to $3.6b in 2023
Notable transactions in 2023 include the sale of Jardine C&C Regional HQ for $142m.
The Arcady at Boon Keng sells 51 of 172 units on launch day
One-bedder and two-bedder types accounted for the majority of the sales.
ACRA revokes registrations of LW Business Consultancy and its director
The firm reportedly committed anti-money laundering breaches.
Private new home sales to start slow as buyers remain selective and price-conscious
The Arcady and Hillhaven sold more than 50 units each on launch day.
Auditor raises ‘material uncertainty’ on No Signboard
The company incurred a net loss of $4.7m in FY22.
Cromwell EREIT’s Nervesa21 achieves 70% occupancy
Universal Music Group is the anchor tenant of the office development in Milan.
Hillhaven sells 33% of its units during launch
The average selling price of the units sold was $1,903 psf.
Ang Mo Kio Ave 2 site to yield around 700 homes
URA has proposed to use the site for high-density residential projects.
JTC rejects sole bid for Gambas Way (Plot 3) site
The tender for the industrial site closed on 26 December.
Non-oil domestic exports may stabilise in 2024
In 2023, NODX contracted 13%.
Daily Markets Briefing: STI up 0.3%; Top stock is DBS
DBS is the top stock with a 0.439% increase.
Sustained growth seen for SGX-listed F&B operators, says expert
Coffee chain Kimly is RHB’s top pick.
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