News

ADA buys SingPost unit in APAC expansion

The company currently operates in Malaysia, Singapore, and 8 other markets in the region. 

Nearly 6 in 10 Singaporeans rate employers as ‘average’ in upholding values

The majority of workers find the values of the company as important.

Yanlord Land contracted pre-sales drops 70% in first five months 

The contracted gross floor area during the period amounted to RMB1.135b.

CapitaLand unit to acquire logistics property for $18.2m in Malaysia

The acquisition is expected to be completed in H2 2022.

ASEAN launches arrangement to hasten customs clearances processes

The arrangement will allow for higher cost savings amongst businesses, said Finance Minster Wong

OCBC appoints first-ever head of Group Data Office

MacDonald led the creation of the bank’s dedicated AI unit in 2018.

ERA Realty forms a new division specialising in luxury residential market

The division is called Luxury Homes.   Real estate agency, ERA Realty, has formed Luxury Homes, a new division that will focus on marketing Good Class Bungalows (GCBs).

Leasing volumes down, rents up for private residential homes in Q1: Savills

Leasing volumes were down by 5.1% whilst rents grew by 4.2%.

Chart of the day: Factory and warehouse leasing volume slows to 3.5% in Q1

This is way below the double-digit increase from a year before.

Market update: STI down 0.6%

Jardine Cycle & Carriage has the top growth with 3.11%.

More than half of workers won’t compromise their values for a job: study

Singapore is the top country for workers who will not compromise their values.

Private housing supply under GLS programme up to 3,505 units in H2

The supply will cater to the strong housing demand.

10 most traded tech stocks averaged 3.8% gains in the past week: SGX

SGX also recorded a combined $32m of net institutional inflows.

Standard Chartered launches sustainable account solution for SG corporates

Corporates can allocate their surplus cash to support the net zero agenda.

Temasek launches investment firm to quicken global decarbonisation

GenZero will focus on decarbonisation solutions to deploy long-term capital.