News
20% of Singapore’s motor insurance claims are fraudulent – GIA
One of the biggest insurance frauds in Singapore falsely claimed about S$1.6m.
What you need to know about Singapore's proposed investment management regime
The regime will apply to local and foreign investors.
Singapore connectivity level reaches 99%: IMDA report
The report also found that 2 in 3 Singaporeans are keen to try new digital technologies.
Sophia Road residential redevelopment site on sale for $35m
The property has a land area of 13,783 sq ft.
CapitaLand Ascott Trust divests 2 hotels in Sydney, Australia for $95.6m
The REIT will recognise a net gain of $12.4m from the divestment.
AIMS APAC REIT posts 5.1% YoY higher net property income of $64.3m in 1H24
Despite the higher income, the REIT proposed a 1.1% YoY lower DPU of $0.04650.
Raffles Medical Group’s profit falls 67.4% YoY top $12.4m in 3Q23
Year-to-date, the company’s profit has declined 25.6% YoY.
New Jurong Town Hall Bus Interchange opens November 26
In tandem with the opening, LTA will also introduce a new bus service.
HDB rents rise 0.4% MoM in September
By room type, 5 Room recorded the highest rent increase.
Condo rents drop 0.5% MoM in September
Rents across sub-markets dropped in September, except for CCR.
MOF seeks public feedback on the proposed IRAS amendment bill
The bill will allow IRAS to administer broad-based grants to businesses.
F&B sales growth slows to 6.9% in September
In August, F&B sales grew 8.6% YoY.
Retail sales climb 0.6% YoY in September
Month-on-month, however, sales fell by 1.6%.
Manulife US REIT's occupancy rate climb to 84.7%
Of all the executed leases, 7.7% were new, whilst 90.5% were renewals.
Yangzijiang Shipbuilding secured US$770m orders in Q3
Amongst key deliveries include the world’s largest containership.
EnterpriseSG extends support of centres of innovation for SMEs
The support aims to support over 800 SMEs for the next two years.
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Commentary
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