Staff Reporter
FCT’s net property income rises 5.7% YoY to $137.96m in 1H23
FCT’s net property income rises 5.7% YoY to $137.96m in 1H23
Despite the increase, it recorded a 0.1% YoY lower DPU of $0.06130.
Core inflation to fall below 5.0% in remaining quarters
RHB expects core inflation to fall at around 2.5% at year-end.
New fare formula to balance affordable rates and public transport’s financial stability
The government considered inflation and ridership patterns in the adjustment.
CapitaLand Ascott Trust’s gross profit grew nearly 60% YoY in Q1
New properties’ operating performance led to growth.
HDB rents rise 0.7% MoM in March
By room type, 3 Room recorded the highest rent increase.
Condo rents drop 0.3% MoM in March
Rents across sub-markets dropped in March, except for CCR.
Condo resale prices up 1.4% in March amidst widening price gap with new homes
Analysts said more buyers are turning to secondary market.
Daily Markets Briefing: STI down 0.84%; CapitaLand Invest is most active stock
Two CapitaLand firms are at the top.
Chart of the Day: Singaporeans’ preferences towards travel
Half of the travellers are staying in five-star hotels.
Majority of Singaporeans expect a salary increase this year
Around 45% of the workers feel they are underpaid.
Two SG companies enter Top 500 Family Businesses
All of them generate a combined $10.72t in revenue.
Alipay+ accessible in 11,000 SG Hawker Centre stalls
Users of the platform and partner e-wallets can pay through the SGQR.
MPA extends partnership with SMU to support maritime talent exchange
The extension will help the industry's transformation towards digitalisation and decarbonisation.
Parkway Life REIT’s NPI up 23.5% YoY in Q1
The real estate firm’s net property income (NPI) grew to $35.2m.
Ascott wants to open 70 properties worldwide
It wants to leverage travellers’ appetite for new experiences.
Singapore, LA, Long Beach ports ink agreement to establish green, digital shipping corridor
The partnership aims to support the decarbonisation transition for ships and identify digital shipping solutions.
Singapore allows more foreigners to enter through automated lanes
They do not need to have prior enrolment to use the lanes.
Read Here
Advertise
Sign Up
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