News
Condo resale prices up 9.2% in May
Condo resale prices up 9.2% in May
A $14.08m condo in Yong An Park was the most expensive unit resold for the month.
AIMS APAC Reit reports nearly 70% valid acceptances under preferential offering
The preferential offering ended on 22 June 2023.
Study shows a 54% increase in ransomware incidents in Singapore
Most businesses in IT and manufacturing were affected by this increase.
Rising advertising costs main barrier in talent acquisition, say hiring leaders
Over 83% say cost of accessing job boards is also prohibitive.
Yangzijiang secures contract to build 6 methanol dual-fuel vessels for Maersk
The six vessels will replace currency capacity within Maersk’s fleet.
Sabana unitholder ESR Group releases open letter amidst Quarz issue
ESR Group wants to establish some considerations before the unitholder's resolutions.
Sembcorp’s India wind unit proceeds with arbitration over 300 MW wind project contract
GIWEL filed a S$134.1m statement of claim against Siemens Gamesa Renewable Power Private Limited.
Daily Markets Briefing: STI down 0.06; Yangzijiang Shipbuilding is top stock
Yangzijiang Shipbuilding is the most active stock.
Final settlement not accepted by GuGong: No Signboard
It was open for acceptance until 5 p.m. on 21 June 2023.
999-year leasehold GCB site in Chestnut Drive on sale for $22m
PropNex Realty said the site will be sold via expression of interest.
$1.4b life sciences and innovation cluster unveiled in science park rejuvenation
CapitaLand said the cluster adds 180,600 sqm to back biomedical R&D.
Manufacturing output drops 10.8% in May
Excluding the biomedical manufacturing segment, the output would’ve fallen 13.0%.
Yangzijiang Shipbuilding clinches contract for the construction of 3 CABU III vessels
The company will construct the vessels for Norway-based Klaveness Combination Carriers ASA.
More than half of Singaporean parents prefer sustainable products
This is despite sustainable items being more expensive.
Prime Grade office rents in Raffles Place and Marina Bay up 1.2% QoQ in Q2
The rents averaged $10.96 per square foot per metres.
Which companies generated the most value out of their CEOs in 2022?
One way to measure this is by looking at a company’s Net Profits After Tax.
MAS unlikely to change policy in October: experts
UOB Kay Hian said an off-cycle announcement will only happen if there's a sharp growth downgrade in inflation.
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Commentary
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From Singapore to Southeast Asia: Thriving in innovation by knowing when to pause
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