Singapore
EC World REIT extends long stop date for divestment of 2 assets in China
EC World REIT extends long stop date for divestment of 2 assets in China
As of date, only RMB333m out of RMB1.4b equity consideration has been prepaid to EC World REIT.
ComfortDelgro unit to distribute China-made EVs in SG
The EVs are manufactured by ChangAn KuaYue.
SIAEC, Eaton form maintenance, repair and overhaul JV in Malaysia
Forty-nine per cent of the JV’s shares will be held by SIAEC.
Almost half of Singaporeans work 10 unpaid hours a week: report
Singapore has the second-highest number of unpaid hours worked in Asia-Pacific.
OCBC, Ascenda to offer more transfer options for rewards currencies
It is now available to OCBC customers holding Travel$, Voyage Miles and OCBC$ rewards balances.
MPA seeks proposal to design full-electric harbour craft
Proposals can be submitted by 15 September 2023.
DBS sells 77.8% stake in AXS to Tower Capital Asia
AXS became a subsidiary of the bank in 2006.
What to expect from gov’t Supply Chain Management talent initiatives
Singapore will create 700 new career openings in the industry.
What can lift SG banks’ sector net profit in FY23?
Experts predict a 22.6% YoY increase in sector net profit.
Grade A office building in Orchard Road for sale for $470m
Expression of interest submission for VisionCrest Commercial ends on 17 August at 3 pm.
Singapore clean energy workforce to grow 80% by 2032
Workers in the clean energy sector will reach around 2,700.
EMA launches 2nd Energy Storage Systems Grant Call
Submission of proposals will close on 14 September.
The Myst sells 27% of its units during launch
The average selling price of the units sold was $2,057 psf.
Lentor Hills Residences sells half of its units during weekend launch
It achieved an average selling price of slightly above $2,000 psf.
Dasin Retail Trust’s net loss widens in FY22 to $221.5m
The net loss translates to a loss per unit of $0.2730.
Total prime non-landed home transactions slowed in H1
This was due to the initial impact of cooling measures.
ESR Group asks High Court to declare Quarz’s requisition invalid
An application was also filed to restrain an EGM with Quarz’s requisition.
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