Singapore

Manulife Singapore targets rapidly growing high-net-worth market

New data suggests young beats old in appetite for investments.

Manulife Singapore targets rapidly growing high-net-worth market

New data suggests young beats old in appetite for investments.

OUE Healthcare poised to capture foreign patient demand for specialist care services

The healthcare group recently partnered with three medical specialist groups including two leading respiratory and cardiothoracic surgery specialist practices.

Singapore cap rates remain flat in Q3

The gross yield of commercial properties in Singapore ranges from 3.00%-6.25%.

MAS and Bank Indonesia extend bilateral financial arrangement until 2024

The agreement between both central banks was extended to 2 November 2024.

20% of Singapore’s motor insurance claims are fraudulent – GIA

One of the biggest insurance frauds in Singapore falsely claimed about S$1.6m.

Singapore connectivity level reaches 99%: IMDA report

The report also found that 2 in 3 Singaporeans are keen to try new digital technologies.

CapitaLand Ascott Trust divests 2 hotels in Sydney, Australia for $95.6m

The REIT will recognise a net gain of $12.4m from the divestment.

AIMS APAC REIT posts 5.1% YoY higher net property income of $64.3m in 1H24

Despite the higher income, the REIT proposed a 1.1% YoY lower DPU of $0.04650.

Raffles Medical Group’s profit falls 67.4% YoY top $12.4m in 3Q23

Year-to-date, the company’s profit has declined 25.6% YoY.

Singapore's industrial production to contract by 7.0% in 2023

Expert says the manufacturing sector could remain downbeat for the rest of the year.

New Jurong Town Hall Bus Interchange opens November 26

In tandem with the opening, LTA will also introduce a new bus service.

HDB rents rise 0.4% MoM in September

By room type, 5 Room recorded the highest rent increase.

Condo rents drop 0.5% MoM in September

Rents across sub-markets dropped in September, except for CCR.

MOF seeks public feedback on the proposed IRAS amendment bill 

The bill will allow IRAS to administer broad-based grants to businesses.