Staff Reporter

Remote work is still popular amongst job hunters in May

Interest in remote work is still elevated with 3.5% of searches.

Stock market booked net institutional outflows of $2.66b in H1

The net institutional outflows were led by Financial Services and REITs.

New requirements published for DPT service providers

It will mitigate the risk of loss or misuse of customers’ assets.

Demand for life science sustains as supply remains tight

Vacancy rates at Bipolis is at 4% in Q2 2023.

Suburban prime retail market seen to rise by 1.5%-3.5%

This is due to hybrid work and consumers’ patronage of essential services.

Private residential prices may be at 2% - 5% YoY

This despite the constant implementation of cooling measures.

CBD Grade A office rents seen to grow 2% to 3%

It is underpinned by a sustained flight to quality to limited new supply.

Family offices to push growth of financial wealth in Singapore

There are now 800 family offices in the city, compared to only 100 five years ago.

Credit Agricole CIB Singapore names new senior country officer

His tasks include being group coordinator for Crédit Agricole entities in Singapore

DPM Wong is the new chairman of MAS’ board of directors

Wong will survive beginning 8 July up to 31 May 2026.

Healthway Medical Corporation to delist from SGX-ST 

OUEH Investments has proposed a conditional exit offer of $0.048 per offer share in cash.

Olam Agri inducts 8 new members to its board

The new members will sit across four of Olam Agri’s board committees.

ARA H-Trust sells hotel in Oklahoma for US$8m

The REIT sold the property to Bhanumati LLC.