Singapore

85% of Cromwell EREIT portfolio sanction-safe

Only 10% was in Poland and 2% in Slovakia.

Scam alert: Ministry of Manpower warns of fraudulent emails, calls

The scammers are calling about foreign worker levy matters.

Elite Commercial REIT extends lease of 8 assets in the UK

The eight properties are owned by the Department for Work and Pensions.

DBS prices $2.05b fixed rate bonds at 2.375% due 2027

DBS Bank Ltd. will serve as the sole global coordinator of the bonds. 

UOB Kay Hian cuts earnings estimate for telecoms by 1%

The projected full-year net profit for 2022/2023 is now at $2.254m.

Chart of the day: Nearly 9 in 10 say GST hike will have the greatest impact on them

Almost half are worried, whilst 46% are stressed about the goods and services tax.

Market update: STI up 0.14%

CityDev was seen with the most growth.

EMA, retailers work to offer more fixed-price plans for businesses

The price plans range from a duration of six months to three years.

J21 Imports owner fined $5.63m for tax evasion on 464 motor vehicles

The 464 motor vehicles were covered between June and November 2016.

DBS CEO Piyush Gupta’s salary up 47.8% to S$13.57m in 2021

His cash bonus jumped 51% in 2021 compared to the previous year.

SIA to operate 5 Boeing 777 freighter planes in partnership with DHL

The first Boeing is set to be delivered by July 2022.

Chart of the Day: 2021, a horror for household incomes

Average household income for private residential property owners declined 6% last year.

GDP forecast to grow by 3.0% in 2023: survey

Meanwhile, the 2022 GDP forecast remains at 4.0%.

Cyber security plagued by tighter regulations, higher spending, more data breaches

Meanwhile, consumer sectors lead in digital adoption, says EY exec.

What social media platform do Singaporeans use the most

This platform saw a 1.18% growth in engagement rate in 2021.