Staff Reporter
CCCS issues PID to two firms over bid rigging on community club tenders
CCCS issues PID to two firms over bid rigging on community club tenders
The bid-rigging happened between August and October 2022.
Industrial landlords adopt accommodative stance amid cost-conscious occupiers
They are offering rent-free periods, amongst others.
Tampines Street 95 units to sell above $1,600 psf, says expert
The top bid for the land parcel was $768 psf ppr.
Daily Markets Briefing: STI down 0.39%; Top stock is SATS
SATS is the top stock with a 7.22% increase.
Chef Jean-Baptiste Natali: Leading the Culinary Artistry at Koral Restaurant
One Michelin Star culinary visionary redefines casual fine dining at Koral, Bali’s first aquarium restaurant.
HDB rental volume drops in Q3 amidst new supply and holidays
Tenants shifting into the condo market is also putting pressure on HBD rentals.
Resale condo market set for rebound with new rate cuts and launches
The market is expected to rebound following two consecutive months of decline.
Singapore, Italy kick off program showcasing 6 Italian fintechs
The startups get 1-to-1 pitching sessions with investors, amongst others.
GS Holdings buys Octopus Distribution Networks for $11.8m
The founder, Dato' Elaine Toh, will become a controlling shareholder in the group.
Sim Lian Group leads bids for Tampines Street 95
The parcel attracted five bidders.
Low hold on rolling play hits Marina Bay Sands' adjusted property EBITDA
Its adjusted property EBITDA in Q3 2024 declined by US$85m.
MPACT sees 11.9% YoY drop in distribution due to lower overseas contributions
Adverse forex movements dampened overseas contributions.
Frasers Centrepoint Trust distribution rises 3.2% YoY to $214.31m in FY24
Full-year DPU, however, was down by 0.9% YoY.
Private residential prices fall 0.7% QoQ in Q3, reversing Q2 gains
In Q2, prices rose by 0.9% QoQ.
CapitaLand India Trust's NPI rises 14% YoY in SGD terms on higher property income
NPI rose 15% YoY in Rupee terms.
Retail space prices and rents rise in Q3
The metrics rose by 1.7% QoQ and 0.3% QoQ, respectively.
Suntec REIT's NPI drops 5.7% YoY to $79.8m on lower asset contributions
Amongst the assets with lower contributions was the Suntec Convention.
Commentary
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Faster hiring alone will not fix construction’s productivity problem
Beyond policy: How Singapore's service sector can win at the frontline
Solving the production problem behind Singapore’s ‘pilot purgatory’
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