Singapore
Oxley sells Chevron House for $1.025b
The property is being revamped before the completion of the proposed sale.
Oxley sells Chevron House for $1.025b
The property is being revamped before the completion of the proposed sale.
Sheng Siong's profits jumped 5.9% to $19.36m in Q1
Growth was boosted by its 10 new stores.
City Developments buys 50% stake in IREIT Global Group for $18.4m
The firm also bought 12.4% of the REIT’s total issued units for $59.4m.
Manulife US REIT buys US freehold Class A office building for $166.09m
The acquisition could boost the firm’s DPU by 3.3%.
Keppel Capital arm buys three Korean Grade A commercial buildings for $510m
The portfolio comprises Yeouido Finance Tower, Nonhyun Building and Naeja Building.
Budget 2019: SMEs' First Step in a Journey of a Thousand Miles
We are living in Industrial Revolution 4.0 where data have emerged as the new ‘growth fuel’, powering everything from productivity and profits to politics and dominance.
Daily Markets Briefing: STI up 1.49%
Expect muted gains today.
How Shimizu Corporation plans to give Singapore more space by the sea
Its floating city project, Green Float, can house up to 50,000 people.
Daily Briefing: GCBI Ventures launches blockchain platform for smart cities; VC firm Big Idea Ventures closes US$50m fund
And LTA is raising the Electronic Road Pricing for motorists to $2.
Chart of the day: CBD rents to rise up to 9% in 2019
Islandwide occupancy rate increased from 92.4% in Q4 2018 to 93.5% in Q1.
AI startup AIQ inks deal with Russian media firms
It will provide computer vision and video recognition to Publicis Media Russia’s portfolio.
Scoot to suspend flights to four cities
It cited weak demand and a shortage of aircraft resources.
Golden Energy and Resources to launch Singapore innovation centre
It will focus on tech for mining and construction.
48,259 SMEs exited the market in 2017: study
The wholesale trade sector led cessations with 8,007 entities exiting the market.
Ascendas REIT's NPI up 3.2% to $649.58m in FY2018/2019
Its UK and Australia properties boosted income.
NETS inks deal with Myanmar Payment Union
The parties will co-develop a QR payment platform in Myanmar.
Frasers Logistics & Industrial Trust NPI jumped 43.3% to $45.97m in Q2
Earnings were bolstered by its 2018 and 2019 acquisitions in Europe and Australia.
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