Singapore

Singapore achieves 5.3% reduction in emissions between 2020 and 2022

The government attributed the decrease to the decommissioning of the Tuas Incineration Plant.

Keppel Corporation rolls out changes to its board 

The board changes will take effect from 1 January 2024.

Cromwell E-REIT repurchases €50m in bonds due November 2025

The repurchase represents 10% of the initial aggregate principal amount of the bond.

CapitaLand Ascott Trust divests 3 hotels in Osaka, Japan for $99.8m

The trust will recognise a net gain of $10.1m from the divestment.

Singapore Airlines Group’s passenger volume rises 28.6% YoY in November

SIA and Scoot carried around 3.1 million passengers during the month.

SG, Japan to establish a green and digital shipping corridor

Under the partnership, the Maritime Port Authority will work with six Japanese ports.

Non-oil domestic exports rise 1.0% YoY in November

Enterprise Singapore attributed the increase to a low base a year ago.

Developer sales soar by 286.2% MoM to 787 units in November

November saw the highest number of units launched for sale since July 2023.

SG’s deal volume drops 20.4% YoY in 11M23

Multiple APAC markets also recorded declines in deals.

Diving deep into APAC’s leading wealth hub: Singapore

Ultra rich families are driving the luxury residential market.

Sheffield Green rebounds from loss with  $4.6m net profit in FY23

Given the improved financial performance, it proposed a final dividend of $0.01 per share.

How did the office market perform in 2023? 

In 2023, Grade A office rents grew by 1.7% YoY.

Manulife REIT shareholders greenlight recapitalisation plan

The shareholders voted on the proposed plan on 14 December.