Singapore
76% of The Verandah Residences sold for average of $1,815 psf
The whole project is expected to be completed in the fourth quarter of 2023.
76% of The Verandah Residences sold for average of $1,815 psf
The whole project is expected to be completed in the fourth quarter of 2023.
Construction firms' on-time payments to boost banks
For DBS, OCBC, and UOB, nonperforming loan (NPL) ratios tied to the construction sector were 0.2%-0.8% at year-end 2017.
United Mansion up for en bloc sale at $98m
The site can yield 87 apartment units with an average size of 70 sqm.
Bank of China and ICBC to offer PayNow
There are now nine banks using the service.
Singapore needs to control inpatient costs amidst high medical inflation
High medical fees still drive inflation even if it has dropped from 20% to 9.6% in three years.
Keppel bags contracting deal with KrisEnergy
It will be selected as the preferred contractor for the construction of KrisEnergy’s fuel barges.
Ascott inks deals with developers in China, Japan, and Thailand
It is adding management and lease agreements to 14 properties in the three countries and Indonesia.
ComfortDelGro buys Australian patient transport firm for $30.2m
The firm has 144 fleets serving in three Australian locations.
Dairy Farm eyes breaking records at en bloc sale
A potential asking price is at $1.68b, beating that of Farrer Court and Pacific Mansion.
Singapore and China ink deal on Belt & Road markets cooperation
The collaboration will tap into policy banks to support third-party market ventures in both countries.
Chart of the Day: Telcos' wireless revenues fall amidst new players' entry
New players created $77m wireless revenue in 2017, denting those of Singtel, StarHub, and M1.
Daily Markets Briefing: STI up 1.08%
Fears of a trade war remain, weighing down local sentiment.
Daily Briefing: Singapore and UN voice woes over trade tensions; Pavilion Energy buys first LNG cargo
And here's Softbank's latest investment in a Singapore-based media group.
Singapore is losing its home advantage in IPOs to Hong Kong
Three Singapore-domiciled firms listed in Hong Kong raising a combined U$115m in Q1.
SPH REIT Q2 NPI down 1.1% to $42.2m
Paragon’s negative rental reversion of 7.1% pulled down revenue.
Uber app shutdown moved to 18 April
The Competition and Consumer Commission of Singapore is still reviewing the Grab and Uber deal.
Goldilocks slams Noble's new board appointments
It questioned the three new UK-based directors, which were had no experience in Singapore companies.
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