News
MapleTree Industrial Trust’s NPI rises 0.6% on new acquisitions, leases
Despite higher NPI, MIT saw a 1.0% YoY dip in DPU.
MapleTree Industrial Trust’s NPI rises 0.6% on new acquisitions, leases
Despite higher NPI, MIT saw a 1.0% YoY dip in DPU.
CLI reports lower revenue of $650m in 1Q24
Its real estate investment business (REIB) revenue fell 4% YoY.
9 of 10 companies made ransomware payments in 2023: ExtraHop
The average cost of ransomware payments was $4.49m (US$3.3m) per company last year.
Political risk tops list of concerns for local firms
Eight in 10 concerned elections will affect international trade and operations.
Changi Airport Group selects OUE for Hotel Indigo development
The hotel is set for completion by 2028.
MSIG Singapore to maintain footing from parent support: S&P Global
S&P Global Ratings said the insurer will remain highly strategic.
Expert forecasts continued rise in prime office rents
In 1Q24, Singapore recorded a 3.4% YoY uptick in occupancy cost.
Daily Markets Briefing: STI down 0.16%; Top stock is DBS
DBS is the top with a 0.204% increase.
Singapore industrial rents rise 1.7% in Q1, prices dip for the first time in over three years
Price and rents expected to soften due to slow global growth and high supply.
Nearly all Singaporeans surveyed seek purpose at work: report
Only one in five find meaning in what they do.
Synpaxe, tech giants foster GenAI in healthcare
The parties launched a challenge which saw the participation of over 160 healthcare professionals.
Why Singapore's condo resale prices surge amidst price gap
Renewed project launches and increased suburban launches were attributed as the main drivers of the faster price growth.
Funding Societies, SGeBIZ to offer embedded finance solution for SG businesses
The solution aims to help businesses manage their cash flow.
MOH suspends Peach Gardens after gastroenteritis outbreak
The suspension took effect on 22 April.
8 out of 10 Singaporean Millennials and Gen Zs prefer off-peak travel
67% believe they can accomplish more during these quieter periods.
Digital Core REIT's net property income drops 9.5% in 1Q24
Distributable income also declined, dropping 2.4%.
Surveyors report stable commercial property market amid healthy demand
A net balance of +7 surveyors noted an increase in developments in Singapore.