Singapore

Less than 0.5% of SG office stock needs annual repurposing

This reflects the country's effective office stock utilisation.

Less than 0.5% of SG office stock needs annual repurposing

This reflects the country's effective office stock utilisation.

Keppel REIT prices A$175m floating rate green notes due 2027

Funds from the issuance will support the REIT's acquisition in Sydney.

MPA seeks compensation from Marine Honour for oil spill damages

Marine Honour is also liable for at-sea and on-shore cleanup costs.

Carro secures $75m multi-currency loan from HSBC

The loan will boost the company’s liquidity.

Civil servants to receive mid-year bonus of up to $250

PSD considered the economic outlook when deciding to give mid-year bonus.

HDB rents drop 0.3% MoM in May

Year-on-year, however, rents rose by 6.2%.

Paragon REIT to divest The Rail Mall for $78.5m

Proceeds from the sale will be used for debt reduction, potential acquisitions, and property improvements. 

SingPost appoints Merrill Lynch as financial advisor for Australian operations

It is part of the group’s strategy to strengthen its Australian market presence.

Banking sector poses highest money laundering risks in Singapore

Non-banking sectors such as corporate service providers, real estate, casinos, and precious stones also pose high ML risks in the country.

Singapore jobs market expands in Q1 as more residents land jobs

Vacancies rose to 81,900 in March from 79,800 at the end of last year.

Singaporeans rank third globally in overseas travel spending

They spend an average of US$2,966 on overseas travel.

Séché Environnement to buy Singapore’s ECO for $605m

Séché expands its presence in Southeast Asia’s hazardous industrial waste market.

Daily Markets Briefing: STI down 0.12%; Singtel is top stock

Singtel is the top stock with a 1.154% increase.