News

Tech-focused talents tops demand in Singapore’s financial sector

More than 3,000 tech-focused jobs are expected in 2022.

MAS committee lists 3 recommendations on adjustment spreads for Legacy SOR contracts 

The recommendation covers SOR contras that remain outstanding after 31 December 2024.

First REIT mulls divestment of Siloam Hospitals Surabaya for $40.9m

The agreed property value translates to a capital gain of 143.2%

Far East Hospitality jumps to ‘Kangaroo route’ with 2 new Australian brands

To do this, the firm will rebrand two of its existing properties.

SIA Group cuts net loss to $962.0m in FY21/22

In FY20/21, the airline's net loss was $4.27b.

Market update: STI up 1.01%

Yangzijiang Shipbuilding was at the helm of the index.

Sembcorp Marine's net order book hits $1.75b in Q122

Of the total net orders, $1.51b were projects under execution.

NetLink NBN Trust's full-year DPU rises 1.0% to $0.0513 

The increase in DPU was driven by the group's higher revenue for FY22.

2 in 3 Singaporeans worried about losing job due to illness or disability

More than half do not have disability income protection.

Supply chain woes trigger 12.6% decline in Frencken’s Q1 net profit

The decline was also caused by higher selling and distribution.

Private residential market ends 'state of pause' in April

The market has already logged some 500 new home sales for May.

SIA’s carried group passengers up by 1,216% YoY in April 

Loosened health rules for travellers boosted the carried passengers.

2 new GLS sites in Lentor area to sell for $1,050  to $1,100 psf ppr each

Property experts expect the sites to attract  3 to 10 bidders.