Staff Reporter
Keppel REIT sells 50% stake in first Australian property for A$275m
Keppel REIT sells 50% stake in first Australian property for A$275m
The firm said this is part of its portfolio optimisation strategy.
Shippit signs 3 deals with Janio, FedEx, Qxpress
The partnerships are expected to boost its delivery network in Singapore and Malaysia.
16 F&B outlets forced to close after SMM breach
Amongst the F&B outlets are a KFC outlet and a Don Don Donki food court.
Jobless rate inches down to 2.8% in May
This is an improvement from 2.9% from the previous month.
Gov’t launches partnership with Twitter to upskill workforce
The social media giant will also help Singapore in promoting digital literacy and internet safety.
6 firms awarded in Deloitte’s inaugural Singapore’s Best Managed Companies
The accounting giant has run this award program in 37 countries.
Daily briefing: APAC stock markets lead global charts in H1; SG grants interim authorisation for GSK-developed drug use for COVID-19
And Suntec REIT announces plan to buy London office for US$489m.
Home sale prices rise for the fifth straight quarter
Private residential property prices rose by 0.9% in the second quarter of 2021.
Market Update: STI down 0.2%
Mapletree Commercial Trust saw the sharpest decline during Thursday's trading, with a 1.39% drop.
Chart of the Day: Singapore REITs' average occupancy rates dip to 95%
In particular, retail and office S-REITs saw the largest drops in occupancy rates.
Grab-Singtel, iFAST apply for Malaysian digital bank license
Bank Negara Malaysia is expected to issue up to five licenses by Q1 2022.
Singapore wealth platform Endowus gets backing from UBS, others
It will use the funds to expand in the country and in Hong Kong.
Economic growth could exceeed 4-6% forecast: MAS
MAS Managing Director Ravi Menon said the government could upgrade its GDP forecast for 2021.
MAS net profit plummets by more than 50% to $5.2b
Half of the profit will be added to its reserves, whilst half will go to the government.
CapitaLand exits Japan retail sector, invests in new logistics facility
The real estate firm will invest $90.8m in a new logistics facility in Osaka, Japan.
Workforce confidence wanes in 2021: survey
Only 64% are confident about their firm's future compared to 81% in 2021.
Gov’t tops up $3.5m for maritime sector support
Fresh funds will be given to the MaritimeSG Together package to bring the cumulative amount to more than $36m.
Commentary
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Solving the production problem behind Singapore’s ‘pilot purgatory’
Transformation without disruption: Your Existing ERP is an accelerant to business innovation
From Singapore to Southeast Asia: Thriving in innovation by knowing when to pause
Section 13O, MAS, and the digital footprint of Singapore Family Offices
Could Singapore lead the world's next management revolution?
RIE2030’s real test: Turning innovation into impact
What Singapore logistics operators often overlook when electrifying fleets