Singapore

Keppel completes world’s first vessel to get ABS’ remote-control navigation

It is also the first tug in South Asia that can be operated via joystick control.

Property investment volume drops 17.5% QoQ in Q1: C&W

On a yearly basis, investment volume increased by almost 40%.

Freehold property at Haig Road sold at $49.3m via collective sale

The 173-178 Haig Road (Odd Nos.) is composed of 24 units.

Unemployment rates back to pre-COVID levels: MoM

The overall rate fell to 2.1% in February.

After campaign, CapitaLand malls eCapitaVoucher sales grow by 135%

The “Spend and Win Big” campaign also generated 5.7 million views on CapitaStar app.

SATS invests $150m for hub on food production automation

The construction of the food hub is expected to be completed in 2024.

MAS transfers S$75b excess Official Foreign Reserves to government

This brings the stock OFR to around 95% of Singapore’s GDP.  

Beblu strikes balance between traditional and high tech with Lebond workspace

The building’s classical exterior remains whilst its interior can be controlled using an app. 

Banks can ‘grind higher’ amidst FFR hike, border reopening: RHB

Singapore’s benchmark interest rates have risen since the start of the year.

Market Update: STI down at 0.55%

Sembcorp Industries dominated the index.

Singapore Maritime Foundation is first partner of UN maritime transition task force

The foundation will contribute to the task force’s first project in maritime.

CapitaLand Investment to issue notes valued at $400m under Euro programme

The fixed rate senior notes are due in 2027 with 3.33% interest per annum.

JTC launches tender for site at Tampines North Drive

The land parcel had a committed bid price of over $7m.

Prime logistics properties up by 3% in Q1 2022

Except for outlying business park space, steady rental increases were seen.

HDB resale volume soars 19.2% QoQ in March

Analysts attributed the increase to the easing of safe management measures.