News

The electronics industry posted a strong performance last month.

From 2019-2021, there were 100 cases involving errant renovation contractors.

The DPU of an industrial REIT is expected to drop 15.0% in 2023.

The Centre for Hydrogen Innovations has received S$25m investment.

The H122 pre-sales translate to a 9.5% YoY jump.   Yanlord Land Group’s contracted pre-sales from residential and commercial units, and car parks rose by 9.5% YoY to $6.5b (RMB31.394b) in H122, its latest unaudited operating figures revealed.

The market improved its data coverage and sustainability commitments.

Bids for electricity supplied by coal-fired generation technologies will be rejected.

IPOs raised $614.7m (US$0.44b) from January to May 2022

Two of Singapore's biggest banks topped the index.

The GST will be increased from 7% to 8% on 1 January 2023, and to 9% on 1 January 2024. 

The company’s business reportedly grew four times in Q2 compared to 2021.

In 2019, over 400 cruise ships were called at Singapore ports.

FY22-24 PATMI estimates for SPOST were lowered by 5%-7%.

The battery-powered vessel can operate at a speed of 10 knots.

AIMS APAC REIT to be refunded of $1.02m option fee.

The acquisition will increase Ascott’s global portfolio by 81 properties.   CapitaLand Investment Limited’s lodging business, The Ascott Limited (Ascott), will acquire apartment provider, Oakwood Worldwide, from Mapletree Investments.   Ascott said Oakwood will increase its global portfolio by 81 properties and about 15,000 units.    Upon the completion of its acquisition in Q322, Ascott said Oakwood will also  “immediately” contribute to its recurring fee income streams.   “The acquisition of Oakwood will leapfrog Ascott’s global presence to more than 150,000 units in about 900 properties across over 200 cities in 39 countries. It will add new markets which include Cheongju in South Korea; Zhangjiakou and Qingdao in China; Dhaka in Bangladesh as well as Washington D.C. in the United States of America (USA),” Ascott said in a bourse disclosure.   Kevin Goh, CLI’s Chief Executive Officer for Lodging added that Oakwood’s addition to Ascott will also bring an immediate boost to the company’s units under management and franchise contracts.