News
Islandwide vacancy rates for business parks inches up to 19.5% in 3Q23
Islandwide vacancy rates for business parks inches up to 19.5% in 3Q23
The poor take-up rate in the East Planning Region affected vacancy levels.
Luxury pop-up party concept Throne Lounge Singapore returns
Transformation of the new venue cost $10m.
Sun Life Singapore launches life insurance package for Prudential clients
SunBrilliance Indexed Universal Life will be the first universal life solution plan for PFA clients.
SGX RegCo CEO tells firms: Avoid 'cookie-cutter' hiring in board diversification
Firms can use tools such as Board Match and Board Listing to look for candidates.
Singapore Airlines, Philippine Airlines enhance flight options in domestic and global destinations
SIA will be linked to Philippine routes whilst PAL will codeshare on six European cities.
MAS-led consortium develops AI product aiding banks in sustainable real estate loan issuance
The product has three core features.
MAS, IFC, WEF ink MOU on digital financial inclusion
They will create guidelines for digital financial inclusion financing instruments.
CDL expands UK living sector portfolio with new acquisition in Manchester
The company acquired a freehold project for $125.7m.
Boustead Singapore makes an exit offer of $1.18 per share for Boustead Projects
The exit offer is unconditional.
IHH subsidiary sues Japanese pharma company over Fortis Malar deal
The IHH unit is seeking to claim damages of JPY20b from the Japanese company.
LHN Limited warns of lower profits for FY23
The company expects a net profit before tax of $40m.
ComfortDelGro’s net profit soars 54.5% YoY to $49.9m in 3Q23
Quarter-on-quarter, net profit rose by 9.2%.
Singapore Airlines, Scoot to replace 5% of total fuel requirements with SAF by 2030
The airline group is already in discussion with fuel suppliers.
Daily Markets Briefing: STI fell 0.07%; Genting Singapore is most active stock
Genting Singapore traded 10.59% up.
Industrial rental growth in 2024 to be confined to the logistics sector: expert
In 3Q23, rent for warehouse and logistics properties rose by 0.6% QoQ to S$1.62 per sq ft.
SG’s deal volume drops 21.3% YoY in January-October 2023 period
The decline in deals was also observed across multiple APAC markets.
FinTech industry poised for huge change thanks to AI: MAS
The festival will address both the promises and pitfalls of AI in the financial industry.
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