Staff Reporter
Chart of the Day: How Singaporeans abate inflation impact
Chart of the Day: How Singaporeans abate inflation impact
Around 35% are reducing out-of-home dining/restaurants.
Daily Markets Briefing: STI up 0.31%; SATS is most active stock
SATS was the top stock with a 4.84% increase.
Keppel unit acquires 16% shares in JV for Thailand district cooling project
KDHSC owns 42% of the shares in the joint venture firm.
ComfortDelGro names Group Deputy CEO
CFO Koh Thong Hean’s appointment will be effective from 1 January 2023.
Take a look at the winners of this year’s Malaysia Management Excellence Awards
Exceptional performances and groundbreaking innovations were awarded.
Demand for office spaces to cool down in 2023: C&W
Rents are expected to increase by 2%-4% YoY next year.
Singapore Billionaire secures stake in SGX-listed firm A-Smart
In total, the stake for Oei Hong Leong is worth $5.37m.
Almost 100% votes cast for Keppel, Sembmarine proposed merger
The voting was conducted on 8 December 2022 during the meeting.
New economy assets to drive rental growth in the industrial property market
This property type is poised to grow by 2% to 3% in 2023.
Digital Core Reit trustee secures $428m loan facility
The facilities have a three-year term loan and a five-year term loan.
Which prime retail submarket will post the highest rental growth in 2022?
The top submarket is poised to grow by 4.2% YoY.
Property investment demand may shift to industrial assets: analyst
Investment sales are seen to slowdown in 2023 because of cost pressures.
CLI names Andrew Lim as the new Group COO
Lim will take on the post on 1 January 2023.
Hotel industry performance may return to 2019 levels in 2024
The revenue per room will stay below 2019 levels in 2023.
Private residential prices to soar 5% in 2023
Financing costs and cooling measures may have dampened demand.
Akribis Systems expands direct drive technologies to robotic applications
Its ARJ series enables robot manufacturers to shorten their R&D cycles in the competitive collaborative robot market.
Far East Orchard acquires student accommodation property in London for $22.9m
The acquisition is slated for completion in April 2023.
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