Singapore
Daily Markets Briefing: STI declines 1.11%; Wilmar International is most active stock
Daily Markets Briefing: STI declines 1.11%; Wilmar International is most active stock
Wilmar International is top stock, increasing 0.28%.
Electronics cycle shows tentative signs of bottoming – expert
In September, electronics NODX saw a narrower contraction of 11.6 YoY.
4 key investment themes for 4Q23 unveiled
Experts are cautious about their near-term outlook for Singapore equities.
Fewer HDB upgraders bought condos for at least $5m in 3Q23
Only 12 units were transacted for at least $5m.
URA puts up Orchard Boulevard site for sale under GLS programme
The site is residential with a 1st storey commercial and has a 99-year lease period.
Savills cuts 2023 property investment sales value forecast to $19b-$21b
This is on the back of the geopolitical situation globally.
Property investment value doubles QoQ to $7.13b in Q3
Investments in the residential sector also doubled to $3.43b.
Mixed-use property at River Valley Road for sale via tender
Mixed-use property at River Valley Road for sale via tender
Experts anticipate limited bidding enthusiasm for Orchard Boulevard GLS site
The site may attract one to five bidders, said experts.
Tokenising healthcare through NFTs simplifies health data management and cuts costs
By using NFTs, patients can securely store and share their test results with hospitals.
OCBC SME Index: Which sectors are the best and worst performers of 3Q23?
Overall, SMEs' performance and health remained in a state of contraction with a 49.6 reading.
Why international firms continued to locate offices in Singapore
This supported the increase in occupancy and rent of prime-grade offices.
Movies, TV shows influence travel destinations of 8 in 10 Singaporeans
Jeju Island, the filming site of K-drama “Our Blues,” topped Singaporeans’ destination of choice.
Prime Grade office rents were not deterred by the slowing economy: expert
Office rents in Raffles Place/Marina Bay grew 0.8% QoQ and 5.1% YoY.
Tang Wee Loke is UOBKayHian Holdings’ non-independent non-executive director
He has been working with the company for more than two decades.
DHL Supply Chain invests $506.3m for Southeast Asia expansion
This will include the development of two new facilities in Singapore.
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