News
Cromwell E-REIT's distributable income falls 0.4% YoY to €24.179m in Q3
Cromwell E-REIT's distributable income falls 0.4% YoY to €24.179m in Q3
This is despite recording a 4.1% YoY increase in its net property income.
MAS, NY Fed to experiment on the use of whole CBDCs to enhance cross-border payments
The project aims to significantly reduce settlement risk.
Commercial investment volumes rise 30% YoY to US$1.5b in Q3: MSCI
Singapore ranked 6th amongst APAC countries with the highest investment volume.
Rebound in supply shortage raises ride-hailing fares: analyst
This even as the pump prices are easing.
Singapore rental index for private homes rise to highest in 24 years
Rents for landed and non-landed homes are 10.9% and 8.3% higher, respectively.
Singapore’s Investor Movement Index dips to lowest in 2022
Investors were exercising more caution as they brace for a possible recession.
Colliers appoints new APAC Managing Director for Global Capital Markets
The appointee will take over the post on 1 January 2023.
Chris Pilgrim has been named Collier’s new Managing Director of Global Capital Markets for the Asia Pacific (APAC).
Pilgrim will take over the post on 1 January 2023.
CapitaLand Investment Limited to divest Queensbay Mall in Malaysia for $300.3m
The value represents a premium of 3.8% to CLI’s valuation in December 2021.
Singapore life insurance new business premiums down by 5.9% in Q3
However, take up for new policies picked up by 12.8% in the quarter.
OKP bags $100.3m LTA contract for commuter infrastructure enhancement
The contract involves the construction of covered linkways at new MRT stations.
PropNex records highest net profit for 2022 of $18.2m
The real estate agency attributed the increase to its bigger revenue.
APAC Realty's revenue drops 3.2% YoY to $523.9m in 9M22
The decline in sales across markets dragged revenue down.
Higher SERS compensation package gives residents more ‘certainty:’ Huttons
HDB said the value was higher than earlier estimates.
MAS grants Atome in-principle approval to be a Major Payment Institution
Atome can now perform regulated payment services in Singapore.
Singtel's first-half net profit rises 23% YoY to $1.17b
The company's partial divestment of its stake in Airtel helped boost its profit.
Should AdventTopco acquire GfK? CCCS seeks public feedback
The proposed sale will combine GfK and NielsenIQ.
Condo prices set to increase but slowly, analyst says
This is due to fresh condo projects having finished construction.
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