News
Raffles Medical Group’s profit falls 67.4% YoY top $12.4m in 3Q23
Raffles Medical Group’s profit falls 67.4% YoY top $12.4m in 3Q23
Year-to-date, the company’s profit has declined 25.6% YoY.
New Jurong Town Hall Bus Interchange opens November 26
In tandem with the opening, LTA will also introduce a new bus service.
HDB rents rise 0.4% MoM in September
By room type, 5 Room recorded the highest rent increase.
Condo rents drop 0.5% MoM in September
Rents across sub-markets dropped in September, except for CCR.
MOF seeks public feedback on the proposed IRAS amendment bill
The bill will allow IRAS to administer broad-based grants to businesses.
F&B sales growth slows to 6.9% in September
In August, F&B sales grew 8.6% YoY.
Retail sales climb 0.6% YoY in September
Month-on-month, however, sales fell by 1.6%.
Manulife US REIT's occupancy rate climb to 84.7%
Of all the executed leases, 7.7% were new, whilst 90.5% were renewals.
Yangzijiang Shipbuilding secured US$770m orders in Q3
Amongst key deliveries include the world’s largest containership.
EnterpriseSG extends support of centres of innovation for SMEs
The support aims to support over 800 SMEs for the next two years.
The Woodleigh Mall opens in Bidadari with 100% tenant occupancy
It houses 160 brands ever since its May 2023 soft launch.
LEGO opens two airport stores in Changi Airport
Both stores will incorporate LEGO’s new “Retailtainment” store format.
ESR-LOGOS REIT divests two properties
The two properties have a total sale consideration of around $60.1m.
DBS apologises for digital bank disruptions, to dock senior management pay
The bank is allotting a special budget of S$80m to enhance its system resiliency.
Highly competitive environment challenges S'porean companies when hiring talent
Four out of 10 S’poreans are job searching
MSIG bolsters EV coverage in Singapore
Electric vehicle usage in Singapore surged 200% since 2021.
DBS prohibited from buying new businesses or closing branches for 6 months
MAS will review progress after six months and may choose to extend the measures.
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