Singapore

Derivatives' single-day volume hit 2,872,861 lots on 25 February.

It was hit by lower development profits, which was offset by higher UOB dividend income.

The infocomm segment’s business receipts led the growth and jumped 7.2%.

The non-performing loan formation of OCBC and UOB rose by 137bp and 94bp respectively in Q4.

Bids for the plot can be submitted until April 23.

It blamed weakening agriculture commodity prices and foreign exchange losses.

One of the first purpose-built co-living properties in Australia will accommodate 20 members.

Gimi MS will develop, construct and operate an FLNG facility on the Mauritania and Senegal maritime border.

The properties occupy a land area of 2,343 sqft with an estimated GFA of 5,947 sqft.

Their products will be offered in eight restaurants including Adrift, Bread Street Kitchen and CUT.

This will include the revamp of its flagship Claymore branch.

The average gross monthly salary of those in full-time permanent employment rose to $3,733 from $3,613 in 2017.

It will invest in USD-denominated instruments for real estate in China.

The 25,865 sqft site was valued at $70.6m in 2018. A tender for a commercial site in Little India where a conserved two-storey bungalow, known as the former House of Tan Teng Niah, stands was launched for sale, according to an announcement by marketing agent JLL. Under the 2014 Master Plan, the leasehold 25,865 sqft site is predominantly zoned Commercial, with a section of the site to be retained as open space. Built in 1900, the former House of Tan Teng Niah is believed to be the last remaining Chinese villa in Little India, JLL said. Aside from the House of Tan Teng Niah, there are three other buildings located within the subject site. They include a pair of adjoining two-storey heritage shophouses at 41/43 Kerbau Road, a single-storey shop fronting Buffalo Road and a single-level retail building comprising 14 shops at 672 Chander Road with an open courtyard and two sheltered eating areas. The lettable space across all four buildings is almost fully leased. “As the shop lots and buildings are not strata-titled, the entire portfolio is to be sold in its entirety. We understand that the asset was valued at $70.6m late last year,” Karamjit Singh, senior consultant at JLL, said in a statement. The heritage site was reportedly built in 1900 and is one of the landmarks listed in the National Heritage Board’s Little India Heritage Trail. “To our knowledge, this could well be one of the largest plots of privately-held commercial land located in the vicinity of the Little India MRT station,” Singh added. Interested purchasers are invited to submit their offers before 2 April 2019 at 2:30 p.m. 

The acquisition will add 150,000 metric tonnes of cocoa bean processing and capacity.

It blamed softer CPO prices and the losses from its joint venture.