News

Singaporean investors pour more capital on APAC properties in 1H23

Inbound capital flow in APAC from SG in 1H23 was 3% higher than its three-year average.

Singaporean investors pour more capital on APAC properties in 1H23

Inbound capital flow in APAC from SG in 1H23 was 3% higher than its three-year average.

Frasers Hospitality Trust's DPS rises 49.3% YoY in FY23

Gross revenue and NPI also improved during the period.

About 4 in 5 business leaders are concerned about 'missing out' on AI benefits

Only 38% are positive and secure about their data accuracy.

SG proposes bill allowing president and ministers to accept roles in int'l organisations

Allowing such will enhance SG's international standing, said the PMO.

ASEAN segments drive AIA’s Q3 VONB, jumps 35% YoY

VONB growth was observed in Mainland China, Hong Kong, ASEAN, and India.

LTA increases COE quota for November 2023-January 2024 period

The agency will reallocate an additional 1,614 COEs to the quota for the period.

MAS to review the need for new culture provision in corporate governance code

The central bank will tap SGX and the Corporate Governance Advisory Committee for the assessment.

Elite Commercial REIT posts 20.4% YoY higher net property income in 9M23

Despite higher NPI, the REIT’s available DPU fell 25.6% YoY in the same period.

ST Engineering unit bags platform screen door solution contract for Ontario rail line

Under the contract, the company will deliver 360 sets of full-height platform screen doors.

Closure of CPF accounts of foreigners will 'not pose liquidity issues' -- MOM

Approximately 300,000 non-residents will cease participation in the CPF schemes.

Expert lays out pros and cons of flats in new housing estates

The new housing estates include Pearl Hill and Marina South, amongst others.

Singapore cap rates remain flat in Q3

The gross yield of commercial properties in Singapore ranges from 3.00%-6.25%.