News

Higher BSD rates did not deter luxury homebuyers: analysts

The increase is unlikely to hit foreigners and luxury homebuyers.

Retrenchments double in Q422

There were almost 3,000 people retrenched in the last quarter of 2022.

PC sales drop 11% in 2022

IDC expects the market to fall further in 2023 by 17%.

Wing Tai Holdings acquires Holland Tower for $76.3m

The property has a site area of 2032.6 sqm.

Alpina Holdings to take over Wan Dormitory for $24m

The company will use the property for its use.

CICT issues HK$755m fixed rate notes

The notes are due in 2033 with a fixed rate of 4.85%.

Why headline inflation will likely stay elevated in H2

DBS expects full-year headline inflation to hit 5.8%.

SG is the 8th leading global city for the wealthy

There are 7,471 UHNW individuals with primary or secondary residence in the Lion City.

Prudential’s new business profit drops to US$2.18b in FY22

The insurer attributed the decline to higher interest rates and business mix effects.

IHH Healthcare invests in SG-based startup Intellect

The partnership will accelerate Intellect’s growth across Asia. 

SATS joins IATA environmental assessment programme

The company is the first ground handler in APAC to participate. 

Household services scheme pilot includes basic child, elderly care

Twenty-five companies can employ migrant workers to perform household services.

Singapore ranks amongst cities with cheapest public transport fares

A monthly pass costs just around 1.9% of the average net wage in the country. 

Ho Bee Land unit disposes of 2 industrial properties for $115m

The consideration for the disposal will be satisfied wholly in cash.