News
New homes sales crash by 23.6% to 559 units for February
New homes sales crash by 23.6% to 559 units for February
Only one launch was recorded for the month.
STB seeks proposals for integrated tourism hub at Jurong Lake District
Tourism development at Jurong Lake is expected to be finished in 2028.
ComfortDelGro acquires Aussie assets for $6.74m
The group will acquire Rothery's Coaches in Queensland.
Former OCBC Deputy President is the non-executive director for Mapletree Logistics Trust
Previous roles held by Ching include positions in OCBC Bank and the Bank of Singapore.
Appealing Australia: Why Singaporeans are drawn to properties in the Land Down Under
Knight Frank said the SG government’s cooling measures were a factor.
SIA passenger capacity recovers to 44% of pre-Covid levels
Meanwhile, group passenger load for the year dipped by 0.9 points.
Chart of the day: 39.2% of private home sales in February cost more than $2m
This is the second-highest since the 50.5% recorded in January.
Market update: STI down 0.02%
DBS was seen with the most growth.
ST Engineering gets nod for acquisition of TransCore
The Committee on Foreign Investment in United States approved the acquisition.
Keppel REIT bondholders exercise put option for redeeming $146.5m in bonds
The bonds represent 73.25% of the overall $200m in bonds.
Condo resale volume drops 9.5% MoM in February
The decline can be attributed to three factors, according to an expert.
Chuan Park Condominium relaunches for sale through public tender at $1,256 psf ppr
More than 80% of owners have signed a collective agreement pricing the site at $938m.
Singapore, France ink partnership for smart cities and transport
This will push green and digital technologies.
Dos and Don'ts: MAS unveils details of financial measures vs Russia
The measure covers digital token payments.
How the STI experienced the effects of the Russia-Ukraine conflict
The past 12 trading sessions saw fuel and travel dependent airlines perform the least.
No Signboard places Danish Breweries into creditors’ voluntary liquidation
The company said its subsidiary has been having cash flow problems.
SGX launches low carbon index in partnership with OCBC
The index uses a methodology that singles out companies with a heavy reliance on fossil fuels.
Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform