Singapore
Stability expected for industrial property despite worrying manufacturing sector
Stability expected for industrial property despite worrying manufacturing sector
Demand and occupancy rates continued to rise in the second quarter of 2023.
TASConnect introduces efficient ‘multi-bank’ working capital solutions platform as a service
The startup comes up with a breakthrough platform that provides working capital solutions to address the pain points of businesses’ cross-border value chains.
Mapletree Industrial Trust’s net income up 0.7% to $130.84m in Q1
Higher borrowing costs tempered growth in the net property income.
Hotel average room rates were almost unchanged in June
It inched up to $273.85.
OUE C-REIT’s distributable income drops 3.3% YoY to $57.6m in 1H23
This translates to a 2.8% YoY lower distribution per unit.
AIMS APAC REIT posts 4.2% YoY higher net property income in 1Q24
It recorded an NPI of $32.3m.
A*STAR rolls out R&D programme for high-performance EV component
It will also bolster the local electric vehicle (EV) supplier ecosystem.
Online nomination of insurance beneficiaries available soon: MAS
Singapore has amended insurance regulations to allow online nomination of beneficiaries.
Keppel Pacific Oak US Reit’s DPU drops 17.2% YoY in H1
The distribution per unit (DPU) was at 2.50 US cents (3.3 cents).
Manufacturing output drops 4.9% in June
Excluding the biomedical manufacturing segment, the output would’ve fallen 5.2%.
Keppel Infrastructure Trust’s DPU increases to 1.93 cents in H1
It was a gradual increase of 1% increase YoY.
Daily Markets Briefing: STI up 0.57%; Keppel Corporation is top stock
Keppel Corporation closed trading at 1.45%.
Is working in Singapore ‘worth it’ for expatriates?
In 2022, salary and benefits packages in Singapore rose by 4% to US$258,762.
Singaporean bosses say company culture is a top factor in retaining workers
This was followed by compensation and work flexibility.
Singapore to stop 3G services on 31 July 2024
Mobile operators will take proactive measures to help 3G users shift to newer networks.
Two sites launched under IGLS programme
The sites are located in Tampines North Drive and Jalan Papan.
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