Staff Reporter
ESR LOGOS REIT mulls acquisition of ESR Sakura Distribution Centre
ESR LOGOS REIT mulls acquisition of ESR Sakura Distribution Centre
The acquisition is expected to be up to 2.9% DPU accretive to unitholders.
Nine strata retail units at Far East Plaza on sale for $23.6m
Each unit ranges from $2.1m to $5.6m.
Manufacturing output headline growth rate could potentially stumble: analysts
The industry could suffer a technical recession.
Chart of the day: Manufacturing output growth slows down in July
Manufacturing output grew by only 0.6% compared to 2.6% in June.
9 in 10 businesses expect to increase technology use in the next 12 months
Singapore has the highest percentage of RPA users amongst seven markets surveyed.
Market update: STI down 0.74%
DBS stocks dipped by 0.88%
Singapore and Indonesia team up on cross-border payments connectivity project
This will launch in the second half of 2023.
Frasers Property appoints new Group Head of People
The new group head is a seasoned veteran with over two decades of experience.
Thomson Medical group chief steps down
The board said a potential successor has been identified and will be announced soon.
Thomson Medical profit balloons 572.7% to $41.27m in H1
Higher profits were boosted by several factors including increase patient load.
Sinopec interim profit soars by 10.4% on stronger oil and gas prices
The group reported an interim income of $8.85b.
What are the top 3 work benefits Singaporeans seek from employers?
Employees are likely to stay with their companies when their benefits package meets their needs.
Locals, permanent residents’ income hike to impact private homes prices: Savills
A study showed that Singaporean’s salaries will increase 3.5% in 2022.
Chart of the day: Private residential launches picks up in Q2
However, this was still lower than the launches in same period in 2021.
Market update: STI up 0.05%
Keppel Corporation logged the highest gains.
About 1.2 million Singaporean household to get $120m
The Household Utilities Credit will be distributed by September 2022.
PropertyGuru bounces back to profit with $3.8m net income in Q2 22
This is compared to a net loss of $139.8m a year ago.
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