Singapore
Non-operational losses push Mapletree to $577.2m net loss in FY23/24
Non-operational losses push Mapletree to $577.2m net loss in FY23/24
It saw valuation declines in its US, Europe, and Australia office portfolios.
Prime residential prices in Singapore grows by 5% YoY in 1Q24
The index revealed a robust average annual growth rate of 4.1% across 44 markets.
Inappropriate ads online hurt consumer perception of brands: report
Ads supporting credible journalism seen as crucial to increase brand trust.
Jumbo Group fast tracks employee certification with Workplace Learning Ready mark
This benefitted over 200 employees.
Ministry of Health adds Novavax to national vaccination scheme
Singaporeans can get the vaccine for free at selected clinics.
CDL unit acquires Delfi Orchard for $439m
Savills sold the property via public tender.
JTC launches Penjuru Road tender
It has a site area of 2.1 hectares.
Singapore retailers slow to adopt self-checkout
Less than two in 10 retailers offer such feature.
Healthcare sector sees renewed interest from corporate buyers
The healthcare industry recorded a deal value of US$1.13b (SG$1.53b) between January and April.
Daily Markets Briefing: STI up 0.35%; Top stock is YZJ Shipbldg SGD
YZJ Shipbldg SGD is the top stock with a 3.11% increase.
Maybank SG, Fidelity International launch multi-asset fund
The fund is offered in three asset classes and will be made available in Q3 2024.
Lendlease to exit offshore construction ops to focus on Australian business
Significant developments are expected within 12-18 months.
OUE REIT executes first interest rate swap with carbon credits
The REIT will use the carbon credits received to offset residual emissions.
Construction works for CR14 Turf City station to commence in 3Q24
The project was awarded to a joint venture corporation.
White flats might see reduced resale interest, expert warns
The government will introduce the white flats in its October BTO.
ARA H-Trust sells managers to tycoon Gordon Tang
Tang's children also acquired 19.0% of the trust's stapled securities.
Ground floor F&B space at The 101 Development up for sale
It has a guide price of $7.62m.
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