News
ESR LOGOS REIT mulls acquisition of ESR Sakura Distribution Centre
ESR LOGOS REIT mulls acquisition of ESR Sakura Distribution Centre
The acquisition is expected to be up to 2.9% DPU accretive to unitholders.
Nine strata retail units at Far East Plaza on sale for $23.6m
Each unit ranges from $2.1m to $5.6m.
Chart of the day: Manufacturing output growth slows down in July
Manufacturing output grew by only 0.6% compared to 2.6% in June.
9 in 10 businesses expect to increase technology use in the next 12 months
Singapore has the highest percentage of RPA users amongst seven markets surveyed.
Market update: STI down 0.74%
DBS stocks dipped by 0.88%
Singapore and Indonesia team up on cross-border payments connectivity project
This will launch in the second half of 2023.
Frasers Property appoints new Group Head of People
The new group head is a seasoned veteran with over two decades of experience.
Thomson Medical group chief steps down
The board said a potential successor has been identified and will be announced soon.
Thomson Medical profit balloons 572.7% to $41.27m in H1
Higher profits were boosted by several factors including increase patient load.
Sinopec interim profit soars by 10.4% on stronger oil and gas prices
The group reported an interim income of $8.85b.
Locals, permanent residents’ income hike to impact private homes prices: Savills
A study showed that Singaporean’s salaries will increase 3.5% in 2022.
Chart of the day: Private residential launches picks up in Q2
However, this was still lower than the launches in same period in 2021.
Market update: STI up 0.05%
Keppel Corporation logged the highest gains.
About 1.2 million Singaporean household to get $120m
The Household Utilities Credit will be distributed by September 2022.
PropertyGuru bounces back to profit with $3.8m net income in Q2 22
This is compared to a net loss of $139.8m a year ago.
Revolut names new Singapore chief
The new CEO brings with him 20 years in the mobile, payment and travel tech experience.
Hersing Corporation sells 2 adjoining industrial sites on Tampines Street 92
Both sites have a total land area of 214,880 sq ft.
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