Staff Reporter
CapitaLand’s new acquisitions to boost its funds under management in SEA to $1.2b
CapitaLand’s new acquisitions to boost its funds under management in SEA to $1.2b
Two of the four acquisitions are industrial properties in Singapore.
Mapletree Industrial Trust divests Tanglin Halt assets for $50.6m
The REIT will be selling off five-storey and two-storey flatted factories.
Record total income for DBS exceeds $15b FY’23
DBS’ profits soar to $7.7b in 2023.
Almost half of employers still reluctant to use AI in recruitment
Employers who have utilised AI do so for shortlisting, amongst others.
Investors shift focus to early-stage and AI-focused fintech firms
In 2H23, AI fintech funding in Singapore soared to US$333.13m.
Daily Markets Briefing: STI down 0.11%; Top stock is DBS
DBS is the top stock despite a 0.628% decrease.
Demand for larger homes fuel HDB resale price growth: experts
A new record number of million-dollar flats was recorded last month.
Retail sales growth to moderate to 1.0% YoY in 2024: expert
Last year, retail sales grew 2.3% YoY.
LTA needs $40m to extend the system running adult EZ-Link cards to 2030
The CBT system for adult commuters will reach end-of-life in 2024.
8 in 10 cybersecurity and IT professionals experience cyber burnout—survey
82% of Singapore respondents experienced increased of burnout in the last 12 months.
HDB resale prices rise 1.5% MoM in January
Year-on-year, prices rose by 5.7%.
HDB doubles supply of Parenthood Provisional Housing Scheme flats
The agency increased the flat supply to 4,000 by 2025 from the current 2,000.
CICT posts 2.1% YoY higher income of $362.5m in 2H23
The REIT attributed the increase to its sound operational performance.
CapitaLand-backed The Work Project signs JV to expand flex-workspace in Australia
Dexus’ operations will be transferred to TWP.
Paragon REIT’s net property income rises 1.7% YoY to $215.1m in FY23
Despite higher income, the REIT declared a 9% YoY lower DPU.
Native Land appoints Chris Fossick as non-executive director
Fossick was formerly JLL Southeast Asia’s CEO.
Hong Lai Huat sells Cambodia properties for $50m
The properties will be sold into two separate sale and purchase agreements (SPAs).
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