Staff Reporter
Singapore to eliminate use of all corporate cheques by 2025
Singapore to eliminate use of all corporate cheques by 2025
Cheque transactions have declined by almost 70% between 2016 to 2022.
Price expectation gap resulted in fewer condo resale deals: analysts
The condo resale price growth slowed down last month to 0.1%.
LHN procures River Valley asset for $23.25m
The property consists of 12 units an a total land area of 388.4 sq.m.
CDLHT NPI surges 23.3% in H1
The group’s revenue reached $119.2m for the half year.
Land-based factory in the West region for sale for $6m
The sale will be via a private treaty.
Property cooling measures freezes foreign buyers activity
This has effectively reversed private home price increases.
Starhill Global REIT net property income up 2.2%; DPU is 1.98 cents for H2
Gross revenue rose 0.7% to S$187.8m in FY2022/23.
Sheng Siong’s net profit down 2.9% in H1 as operating costs weigh on earnings
Utility expenses and staff costs increased.
Far East H-Trust NPI up 30.7% to $49m in H1, RevPAR at S$133
Distribution per stapled security or DPS is 1.92 cents for the period
Private housing prices dip for the first time since 2020
Sales volume in Q2 excluding condominium units surged to 69.3%.
Keppel records highest-ever net profit; special dividend of KREIT units proposed
Keppel has proposed giving its unitholders one KREIT unit for every 5 Keppel units held.
HDB resale prices continues 13th quarter climb in Q2
1-room flats are now costing almost $250k.
Tepid recovery awaits manufacturing sector in 2H23
Industrial production contracted 4.9% YoY in June.
Singaporeans 'lukewarm' to insurance intermediaries: study
Insurers are generally viewed as trustworthy.
Half of Singaporeans feel distant from achieving holistic goals
Three in five young consumers neglect to update their financial knowledge.
Mapletree Industrial Trust’s net income up 0.7% to $130.84m in Q1
Higher borrowing costs tempered growth in the net property income.
Hotel average room rates were almost unchanged in June
It inched up to $273.85.
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