News
Wholesale industry less optimistic about business from July to December
Wholesale industry less optimistic about business from July to December
They expect the macroeconomic situation to dampen demand.
Manufacturing firms optimistic about business in the remaining months of 2023
Across industries, firms in the transport engineering cluster expressed the highest optimism.
CapitaLand Ascendas REIT’s net property income rises 6.7% YoY to $508.8m in 1H23
The REIT attributed the increase to “robust operational performance.”
First REIT posts lower net property income of $52.4m in 1H23
The REIT’s NPI fell 0.6% YoY.
Foreigners hit by cooling measures boost condo rental volumes in June
Volumes grew 12.5% MoM.
Shareholders OKs disposal of LHN logistics through voluntary general offer
This complies with the general offer proposed to be made by Milkyway International.
Core CBD Grade A rents to stabilise in 2H23
EDMUND TIE expects a lower rental growth of 0.3% -0.5% for the market in 2023.
Retail rents to see a sustained recovery in 2023
EDMUND TIE expects full-year rental growth of 1%-3% for prime retail spaces.
Daily Markets Briefing: STI up 0.22%; Keppel Corporation is top stock
After reporting highest ever net profit, Keppel Corp traded 2.50% up.
MAS unveils revised framework to strengthen anti-ML controls in single family offices
There will be harmonised class exemption for SFOs who meet specific requirements.
Private housing vacancy up to 6.3% in Q2
The vacancy rates in the Core Central Region and the Rest of Central Region were both at 7.9%.
Wealthy investors and family offices drive demand for shophouses in H1
Changes to the Residential Property Act may raise prices further and tighten already limited supply.
Office space prices up 1% in Q2
Vacancy declined to 10.8% during the period.
Condo rental market reaches Nash’s equilibrium in June: property firm
SRX and 99.co said condo rental market grew 0.3% in June 2023.
Raffles Medical Group’s PATMI rises slightly by 0.5% YoY to $59.9m in 1H23
Its revenue, however, fell by 9.5% YoY.
CapitaLand India Trust’s net property income jumps 3% YoY to $85.6m in 1H23
Despite the increase in NPI, the trust recorded a lower DPU of $0.0336.
Change in indirect ownership of LHN Logistics’ unit to bear a $4.12m fee to JTC
The fee is one of the pre-conditions for LHN Logistics privatisation.
Read Here
Advertise
Sign Up
Commentary
Why Singapore SMEs cannot wait for quantum cyber risk to arrive before securing data
Is Singapore's emphasis on long-term security and stability hindering purpose-driven employees?
When Singapore's agentic AI ‘chefs’ arrive, will the kitchen be ready for them?
What Singapore’s app store rules reveal about the future of online trust
Faster hiring alone will not fix construction’s productivity problem
Beyond policy: How Singapore's service sector can win at the frontline
Solving the production problem behind Singapore’s ‘pilot purgatory’
Transformation without disruption: Your Existing ERP is an accelerant to business innovation
From Singapore to Southeast Asia: Thriving in innovation by knowing when to pause
Section 13O, MAS, and the digital footprint of Singapore Family Offices