News
Singapore’s Investor Movement Index dips to lowest in 2022
Singapore’s Investor Movement Index dips to lowest in 2022
Investors were exercising more caution as they brace for a possible recession.
Colliers appoints new APAC Managing Director for Global Capital Markets
The appointee will take over the post on 1 January 2023.
Chris Pilgrim has been named Collier’s new Managing Director of Global Capital Markets for the Asia Pacific (APAC).
Pilgrim will take over the post on 1 January 2023.
CapitaLand Investment Limited to divest Queensbay Mall in Malaysia for $300.3m
The value represents a premium of 3.8% to CLI’s valuation in December 2021.
Singapore life insurance new business premiums down by 5.9% in Q3
However, take up for new policies picked up by 12.8% in the quarter.
OKP bags $100.3m LTA contract for commuter infrastructure enhancement
The contract involves the construction of covered linkways at new MRT stations.
PropNex records highest net profit for 2022 of $18.2m
The real estate agency attributed the increase to its bigger revenue.
APAC Realty's revenue drops 3.2% YoY to $523.9m in 9M22
The decline in sales across markets dragged revenue down.
Higher SERS compensation package gives residents more ‘certainty:’ Huttons
HDB said the value was higher than earlier estimates.
MAS grants Atome in-principle approval to be a Major Payment Institution
Atome can now perform regulated payment services in Singapore.
Singtel's first-half net profit rises 23% YoY to $1.17b
The company's partial divestment of its stake in Airtel helped boost its profit.
Should AdventTopco acquire GfK? CCCS seeks public feedback
The proposed sale will combine GfK and NielsenIQ.
Condo prices set to increase but slowly, analyst says
This is due to fresh condo projects having finished construction.
Chart of the day: 30-year leasehold property price increases quickened to 0.9% QoQ
60-year leasehold and freehold properties also showed increases.
Daily Markets Briefing: STI up 0.6%; Keppel DC Reit is top stock
Keppel DC Reit is the top gainer with 3.53%.
Interest rates will be Singapore banks’ boon and bane through 2023: analyst
It’ll benefit them over the next three quarters, but asset quality may deteriorate after.
High-spec industrial space average rents in Q3 reaches record high since 2012
It increased by 1.1% QoQ to $3.69 psf.
Tourists, foreign residents accounted for about 50% of GST revenue in 2018 and 2019: Wong
The net annual GST during the period was around $5.7b.
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