News

Post-COVID property demand to buoy REITs earnings rebound

Post-COVID property demand to buoy REITs earnings rebound

CICT, Frasers, and Mapletree Commercial Trust are best positioned to reap the benefits.

Keppel to invest $233.6m in European onshore wind project

Keppel Corp and KIT will jointly invest in a 33.33% stake in FundCo.

Yanlord’s Suhe Century project sold out at launch with $902.4m pre-sales

The property's average selling price was $155,290 per sqm.

SGX total market turnover value edged down 4% YoY in June

The bourse’s securities turnover value was at $25.6b in June 2022.

Office floor in Suntec City on sale for $36m

The sale is open to both locals and foreigners.

Condo resale prices rise 9.4% in June amidst limited home supply in suburbs

But volumes are lower by 17% as more potential buyers opt to travel overseas instead of shop for new homes.

Tesla kicks off first mass-market electric SUV in Singapore

Model Y and Model Y Performance will begin delivery next month.

Investment to Singapore fintechs in Q2 down 55% from Q1

Blockchain & Crypto firms snagged the lion's share of deals, but enthusiasm may wane amidst new regulations.

Chart of the day: CBD Grade A rents rises by 1.6% in Q2

Vacancy rates to tighten to 4%, an analyst said.

Market update: STI up 0.35%

Two banks recorded the highest growth.

Philippine-based liquor firm to join SGX main board on 14 July

It will be the first Philippine-listed company to hold a secondary listing on SGX.

Grab rolls out intercity bus travel service between SG and Malaysia

Users will now be able to purchase bus and ferry tickets in the app.

1.5 million Singaporeans to receive $1.5b in August

Each eligible citizen will receive S$700.

Raffles Medical Group to see a 10% decline in H122 net profit: forecast

This is on the back of expected lower revenue from the hospital's COVID-19 services.

Sri Trang Gloves stretches operations in US with new subsidiary

The subsidiary will serve as the US sales and distribution office.