News

4 things real estate experts want from the 2023 budget

PropNex’s wishlist aims to help segments of the population to own homes.

Gov’t may create national supply chain disruption task force to help businesses

KPMG said the task force can focus on offering support for vulnerable sectors.

UOB to issue S$850m perpetual capital securities with 5.25% rate per annum

The distribution rate will reset on 19 January 2028 and every five years thereafter.

Over 4 in 10 workers search for better-paying jobs amidst escalating prices

Singaporean workers expect their financial situation to deteriorate this year.

Keppel’s Paraiba acquires India-based Pune Kharadi Tower

The corporation acquired it with a paid capital of $162 (INR10,000).

6 former Keppel O&M senior management staff issued stern warnings over corruption

They allegedly gave US$55m bribe payments to officers of Petrobras.

ComfortDelGro to face lower earnings due to weak overseas operations

The analyst lowered its public transport margin for the final quarter.

Chart of the Day: Vacancy rate for business parks grew to 16.8% in Q4

This was due to inability of demand to keep up with new completed projects.

Gradual easing of inflation to stabilise S-Reits: analyst

Inflation slowly eased in October and November 2022.

Optimism in investment 2023 as SG clients increased exposure to markets

The investor movement index went up to 3.97 in December.

Price growth of private homes to moderate in 2023

CBRE expects prices to increase by around 3%-5%.