News
Keppel Capital and co-investors to buy Yi Fang Tower in Shanghai for $925.99m
Keppel Capital and co-investors to buy Yi Fang Tower in Shanghai for $925.99m
It is made up of two 18-storey towers and a retail podium.
Daily Briefing: Singapore's credit market bore the brunt of regional distress; ERA Realty Network gives $1m grant to real estate startups
And London-based regtech firm ClauseMatch expands in Singapore.
Daily Markets Briefing: STI down 0.91%
Don’t expect gains today.
Chart of the Day: Warehouse rents may jump 2% to $1.80 psf by 2021
Occupancy rates are also projected to improve to 90% over 2019 and 2020.
Alibaba's Taobao debuts Jiyoujia home and living brand in Singapore
Taobao’s NomadX store will feature furniture items from the platform and recommendations via digital showcases.
SMEs open to business transformation investments amidst souring economic expectations: poll
The manufacturing sector saw the highest uptick in capital investment expectations by 2.15%.
National Wages Council invites views on wage recommendations
NWC will convene in April and May 2019 to develop its annual guidelines on wage and employment-related issues.
Inflation further eased to 1.5% in February
The fall reflected lower inflation for services, retail items and electricity & gas.
Mandarin Gardens kills second en bloc attempt amidst failure to meet 80% consensus
Only proprietors comprising 68.34% of the 1,017 units signed the deal.
HDB awards Pasir Ris Central tender for $700m
The mixed-use development comprises a bus interchange, a polyclinic, and a town plaza.
Singtel boosts ICT and digital businesses amidst declining legacy voice revenue: analyst
Its additional Airtel rights buy will not derail from its mandate to pay out $0.175 dividends for FY2019 and FY2020.
Keppel Corporation arm bags $425m deal with drilling contractor Awilco Drilling PLC
It will construct a second mid-water semi-submersible drilling rig for harsh environment use.
Daily Markets Briefing: STI down 0.05%
Don’t expect gains today.
Chart of the Day: Industrial sector's vacancy rates to hit 12.1% in 2020
Rentals across industrial, warehouse and business parks sectors would also start turning up from 2019 onwards.
Wilmar's China unit set for $12-13b market cap upon Shanghai IPO: analyst
It is backed by its ARAWANA brand for cooking oil, pack rice, flour, and pack dry noodles.
Changi Airport passenger movements up 4% in February
Passengers from Europe and North America led the growth.
50,000 government-linked email credentials found in illegal data banks
Most are either outdated or bogus addresses, but 119 are still being used.
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