Staff Reporter
Prime retail rents rise by 3.0% YoY in Q4 2024
Prime retail rents rise by 3.0% YoY in Q4 2024
Rents in Marina Centre, City Hall, and Bugis recorded the highest YoY increase.
Daily Markets Briefing: STI up 0.13%; Top stock is Sembcorp Ind
Sembcorp Ind is the top stock with a 1.26% increase.
HDB to launch 25,000 flats in 2025
This includes 19,600 BTO flats and 5,500 SBF flats.
ESR, CloudHQ forge JV to build data centre campus in Japan
The data centre will deliver 130 MW of data centre capacity over three phases.
MLT divests 8 Tuas View Square for $11.18m
The divestment is part of MLT’s portfolio rejuvenation.
CDL achieves over $600m from divestments in 2024
The divestments aim to enhance portfolio efficiency and returns.
SG deal activity down 13% in 2024
This contributed to the overall 1.4% decline in deal activity across APAC in 2024.
SIA extends title partnership with F1 Singapore Grand Prix
The extension will be for another four years.
Azalea names Chue En Yaw as new CEO
He will be stepping into his new role starting 1 April 2025.
PSA International annual container throughput surpasses 100 million in 2024
Its flagship terminal in Singapore reported a throughput of 40.9 million TEUs.
Singapore NODX up 9% in December 2024
NORI also increased from $2.8b in November to $5.4b in December.
PWC Singapore and SBF push for globally competitive businesses
They recommended tax rebate of up to 50% for non-residential properties to address cost pressures faced by businesses.
Almost 7 in 10 SG professionals expected to look for new jobs in 2025: report
Millennials (76%) and Gen Z (71%) lead the trend.
Singapore loan market sees nearly 49% growth in 2024
Key driver was the borrowing activity by commodities firms, which accounted for US$18.4b or 23% of the total loan volume
SG banks to report ‘softer’ earnings for Q4
DBS may declare a special dividend, according to analysts.
STI hits all-time high in 17 years in January
The Straits Times Index rose 16.9% in 2024.
Daily Markets Briefing: STI up 0.81%; Top stock is Seatrium
Seatrium is the top stock with a 3.20% increase.
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