Singapore
Frasers Property Limited issues inaugural $420m green retail notes
It will be offered at an interest rate of 4.49% per annum with semi-annual payments.
Frasers Property Limited issues inaugural $420m green retail notes
It will be offered at an interest rate of 4.49% per annum with semi-annual payments.
IHH drops acquisition of Ramsay Sime Darby Healthcare
A $1.35b buyout offer was earlier proposed by IHH.
Upcoming projects in OCR to receive high demand: PropNex CEO
This after the healthy response for AMO Residence and Sky Eden.
Singtel inks partnership with Intel to push 5G multi-access edge incubator
The incubator will be powered by Intel’s 4th Gen Xeon Scalable processors.
Port of Singapore bags second ‘Best Global Seaport’ title
In addition, the port was also named “Best Seaport in Asia.”
CHART OF THE DAY: What do Singaporeans feel about NFTs, cryptocurrencies?
Over half of the respondents are not too enthusiastic about these.
Why did leasing volume for private homes in CCR decline?
There is a scarcity of supply for wealthy expatriates.
For the third consecutive quarter, Savills said the leasing volume of private residential assets dropped by 8.7% to 20,751 transactions in the second quarter this year.
Savills said the leasing volume in the core central region (CCR) went down because of lack of accommodation for rich foreigners.
“Consequently, without their preferred accommodation, some have rescheduled their relocation here or temporarily living in serviced apartments/hotels while their families are waiting overseas,” said Savills in its 2022 report.
This trend is still happening in the third quarter of 2022, Savills also said.
“From the top down, this has a pneumatic effect on forcing up rents across the rental chain. However, stocks are also limited in those regions, but not in such short supply as those in the luxury range,” the property expert said.
66% of young Singaporeans prefer renting to buying a property
They cite a lack of savings as a reason for not purchasing.
Market update: STI up at 0.82%, Jardine C&C top gainer
Jardine Cycle & Carriage led the stock exchange.
Staff retention, satisfaction in healthcare a top priority in 3 years time
One-third of healthcare leaders prioritise employee retention.
Singapore investor movement index stays flat in August
This is because of the market volatility during the month.
One in 4 Singaporeans consume less work from celebs with controversies
Younger consumers are more likely to watch the content of said celebrities.
Asia's sustainability traction has been sluggish but Singapore companies can usher in a new era
Worldwide, one-third of all food produced is wasted every year. That 1.3 billion tonnes of food is enough to feed 2 billion people – enough to feed the world’s hungry twice, with plenty of leftovers. This wasted food is worth US$1 trillion annually, and with each kilogram of food creating carbon dioxide emissions equivalent to the production of 25,000 plastic bottles, this waste is greatly costing the environment too.
Healthcare magnate Li Xiting is SG's richest in 2022: Forbes
He has a net worth of US$15.6b.
Expect more million-dollar resale deals for HDB flats in 2022: analysts
There could be as many as 350 million-dollar deals by end 2022.
HDB resale volume drops 1.7% MoM in August
Of the total volume, only 1.4% were million-dollar flats.
Performance bond no longer required from employers hiring Filipino domestic workers
Previously, employers had to purchase a purchase bond of $7,000.