Singapore

ARA US Hospitality Trust’s NPI rises 4.3% YoY to US$22m in 1H23

Given the higher NPI, the REIT proposed a 5.2% YoY higher distribution per stapled security.

Lermit Road GCB on sale for $137.2m

The freehold GCB will be sold via private treaty.

SIA to ramp up services across its network during Northern Summer 2024

It will increase flights from Singapore to Australia, Japan, and India, amongst others.

8 in 10 local firms mull overseas expansion in the next two years

Firms believe it's easier to run an international business today.

Vacant buildings to turn into hostel accommodation for SG’s foreign HCWs

The retrofitted rooms are for newly employed Singapore public healthcare workers.

IHH Healthcare grants approval for Agilus IPO plans

The timing of the IPO will be determined by Agilus and Fortis.

SingPost sees integrated 4PL platform and AI to reshape e-commerce logistics

SingPost’s logistics capabilities contribute 70% of its $1.9b revenue, according to CEO of International Business Li Yu.

Experts unveil 3 factors that will drive up retail sales in 2H23

Economists expect the market’s sales momentum to improve in the remaining months.

Altura EC receives strong demand from HDB upgraders

Units allocated for second-timers during the launch got sold within the first 3 hours of sales.

Consortium to test charging abilities of ECVS on commercial e-vehicles in SG

The Busways-Shell Consortium is accepting corporate enquiries for trial testing.

Singapore is the top-performing residential market in APAC: study

The Lion City registers as the top-performing market with an 8% YoY increase.