News
Rents in prime floor space in retail to rise 2.5%-3.5%: report
Rents in prime floor space in retail to rise 2.5%-3.5%: report
This is due to tightening vacancy rates and revival of the economy.
Market Update: STI down 0.87%
DFI Retail Group performed the best amongst the firms.
60-year-old leasehold property sold for $780k via auction
It sold at 20% above its opening price.
OCBC, NUS commence study to encourage EV adoption in Singapore
A total of 32,000 OCBC customers are expected to participate in the study.
Borr Drilling repayment to Sembcorp Marine might raise share price
It will repay partially $1.1b (US$0.8b) from 2023 to 2025.
SingPost operational profit plunges by 46.7%
The group’s total revenue went up by 34.7% because of other business segments.
UOB, Doxa, move Kimly Construction trade financing processes online
Processes affected include the creation of invoices, uploading and validation of supporting documents.
Freehold bungalow at Swiss Club Road on sale for $39.90m
The sale will be done via a private treaty.
SGX warned of downside risks despite posting highest revenue: analyst
In the current fiscal year, the bourse posted $1.099b revenue.
MAS slaps former UOB Kay Hian rep with $100,000 civil fine over false trading
The individual was also issued four-year prohibition orders.
Market update: STI up 0.29%
Highest gainer is OCBC Bank with 0.81%.
Chart of the day: One in eight S’poreans to cut back on insurance as costs rises
This is below the APAC average of 14%.
Changi Airport Group inks another collaboration with Accenture
The collaboration focuses on digital transformation for Changi Airport.
Rise in digital trust will contribute US$17b to SG economy: study
Digital trust is higher than societal trust amongst APAC consumers.
Jalan Besar freehold coffeeshop up for sale with $28m guide price
The property is located at Hoa Nam Building.
11 stations along Thomson-East Coast Line Phase 3 to be operational by yearend
The stations have been handed over to SMRT by the LTA.
Kwa Chong Seng to step down as SGX chairman
He will serve the company until 31 December.
Commentary
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