Staff Reporter
High Street Centre up for sale via public tender for $748m
High Street Centre up for sale via public tender for $748m
The tender closes on 25 January 2024.
Condo resale prices increase by 7.6% YoY in September
Across submarkets, RCR posted the highest year-on-year price increase.
Condo resale volumes drop 18.4% MoM in September
Over 700 units got resold during the month.
UOB’s net profit up 5% to S$1.5b in Q3
Net fee income growth helped drive profits.
The power of unified identity security
Modern enterprises grapple with evolving identity, data access, privilege, automation, and unification challenges.
LTA completes upgrade of North-South and East-West lines
As part of the upgrade, LTA replaced more than 1,100 track circuits.
Mapletree Industrial Trust's net property income drops 1.4% YoY to $128.6m in 2QFY23/24
In the same quarter, DPU fell 1.2% YoY.
CICT posts 0.6% YoY higher net property income of $275m in 3Q23
The REIT attributed its improved NPI to higher gross rental income.
NetLink NBN hit by cybersecurity incident
The incident does not affect the company's fibre broadband connectivity.
Daily Markets Briefing: STI declines 0.17%; Genting Singapore is most active stock
Genting Singapore is top stock, increasing 3.64%.
How Tuas Mega Port is charting a new course for SG's industrial property sector
As of 2Q23, total industrial stock in the West Planning Region reached 261.3 million sq ft.
Private residential non-landed rents increase by up to 10% in 2023
Year-to-date, rents have risen by 7%.
Private residential resale volume slips 12% YoY to 2,748 units in 3Q23
For 2023, OrangeTee expects resale volume to reach 10,000-12,000 units.
Singapore proposes shared responsibility framework for phishing scams
Both financial institutions and telcos are held accountable for mitigating scams.
Mapletree Logistics Trust posts 0.9% YoY higher DPU of $0.02268 in 2QFY23/24
The REIT attributed the increase to contributions from acquisitions and divestment gains.
Demand for embedded finance soars amongst local SMBs
SMBs (75%) are already looking to switch their banking solution provider.
Hyundai Motor Group Innovation Centre SG looks into cell-based manufacturing
It plans to initially deploy its digital transformation in Singapore before moving globally.
Commentary
‘Tokenmaxxing’ – The wrong AI race to run in Singapore
To outsmart modern fraud, we must first know the enemy
Why Singapore SMEs cannot wait for quantum cyber risk to arrive before securing data
Is Singapore's emphasis on long-term security and stability hindering purpose-driven employees?
When Singapore's agentic AI ‘chefs’ arrive, will the kitchen be ready for them?
What Singapore’s app store rules reveal about the future of online trust
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’
Transformation without disruption: Your Existing ERP is an accelerant to business innovation