Singapore
Daily Markets Briefing: STI up by 0.51%; CapitaLand Investment is most active stock
CapitaLand Investment was the top stock with a 3.10% increase.
Daily Markets Briefing: STI up by 0.51%; CapitaLand Investment is most active stock
CapitaLand Investment was the top stock with a 3.10% increase.
Far East H-REIT receives $18m incentive fee from Central Square divestment
The REIT has received a total of $331.2m from the sale of the property.
Manulife US Reit says lenders mainly from Singapore’s local banks
The life insurance company said none of its lenders is US-based.
Sembcorp terminates solar energy, battery project in Indonesia
The agreement was signed with PT PLN Batam and PT Trisurya Mitra Bersama.
Keppel unit sells stake in PH mall to BDO for $195.0m
BDO already holds a 50% stake in the mall.
Singapore’s condo market on track to underperform in Q1: analysts
The primary sale market will continue to struggle in 2023.
What to expect from MAS’ April policy statement
UOB expects MAS to release its statement around 10-14 April.
MTI, economic agencies undergo reshuffling
Affected agencies include the EDB and Enterprise Singapore.
Condo resale prices jump 9.2% YoY in February
Across submarkets, OCR posted the highest year-on-year price increase.
Condo resale volumes soar 50.3% MoM in February
Over 700 units got resold during the month.
Chart of the Day: Majority of fund managers look to use AI to reduce manual process
Other fund managers seek to use DLT-related tools.
Office segment remains on an ‘even keel’ driven by flight-to-quality demand
Knight Frank said occupancy levels of CBD offices are 94%-95%.
Daily Markets Briefing: STI up 0.8%; ST Engineering is leading
ST Engineering and two real estate firms are on top.
When will the manufacturing recession end?
February marked the fifth consecutive month of decline in industrial production.
International French School to undergo $80m expansion
This move will increase the schools’ capacity to 4,000 students.
Sembcorp JV pens MOUs for industrial park development in Vietnam
The projects will enhance their socio-economic development.
Over 6 in 10 companies plan to reduce staff in 2023 economic recession
There’s one area, however, where companies plan to do the opposite.
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