Staff Reporter

Which district has the highest shophouse sales in 3Q23?

The top district accounted for 19 of the 38 shophouses sold during the quarter.

Will the shophouse market maintain a stellar sales performance in 2023?

As of 9M23, 117 shophouses worth nearly $1.1be exchanged hands.

Industrial sales drop 16.4% QoQ to 381 deals in 3Q23

Sales value likewise fell, dropping 13.9% QoQ to $922.7m.

SG records $7b of investments in Q3 2023

59.2% of this volume is from GLS deals.

EMA, MPA shortlist 6 consortiums for low-carbon ammonia project

The request for proposal for the consortiums will be launched by the end of 2023.

IRAS recovers $79m in taxes and penalties

The audits revealed 4 common tax filing mistakes amongst companies.

Singapore to centralise gas procurement to ensure stable supply

A new entity, Gasco, will lead the procurement of gas supply.

Liberty Mutual Re names Alex Koh as senior underwriter in Singapore

Koh will be managing and expanding LM Re's existing reinsurance portfolio.

Singapore Polytechnic and Microsoft ally for digital manufacturing push

Its goal is to aid Singapore’s target of boosting the sector by 50%.

SG, Saudi boost cooperation on digital economy, energy efficiency

Through the Energy Cooperation Roadmap, the parties will create low-carbon solutions, amongst others.

Suntec REIT’s distributable income falls 13.3% YoY to $52m in 3Q23

Given the decline, the REIT proposed a 14.0% YoY lower DPU.

Yangzijiang CEO Vincent Toe to end term on April 2024

Executive Chairman Ren Yuanlin will replace Toe.

Keppel taps Kevin Chng as CFO

Chng will replace Chan Hon Chew, who will retire on 31 December.

Hotel RevPAR in Singapore is highest in APAC: report

As of the end of September, Singapore’s RevPAR was US$191.6.