News
Tanah Merah Ferry Terminal to undergo a $20m revamp
Singapore Cruise Centre will carry out upgrade works from January to December 2024.
Tanah Merah Ferry Terminal to undergo a $20m revamp
Singapore Cruise Centre will carry out upgrade works from January to December 2024.
S’pore regulator proposes simplified process for affordable insurance policies
MAS now proposes to reduce information requirements for term life insurance and standard critical illness policies.
7 in 10 SMEs plan to do more business internationally
Given this, more firms have been using apps for cross-border payments.
Daily Markets Briefing: STI up 0.97%; Top stock is DBS
DBS is the top stock with a 0.1225% increase.
Developers remain cautious in bids for Orchard Boulevard, Tengah EC sites
The upcoming Orchard project could sell for $3,000 psf.
Talent growth key to Singapore’s economic ambitions: KPMG
Upskilling workers, emerging technologies and ESG initiatives as top priorities.
Singapore’s new health information bill allows patient data control
The Health Information Bill introduces measures for patient data sharing and protection.
Non-landed residential rents to drop 5% YoY in 2024
Savills said two factors might lead to rents failing.
DBS merges brokerage, digital exchange with treasury markets business
The new group, Global Financial Markets (GFM), will be headed by Andrew Ng.
EC World REIT takes legal action against sponsor amidst mortgage dispute
Its sponsor failed to discharge the alleged "illegal" mortgages imposed in its Fuyang properties.
SG, China ink 3 MOUs on trade and investment
China is the 2nd largest country where Singapore companies have a presence.
Sabana REIT schedules extraordinary general meeting for requisition notice
Details of the meeting have yet to be finalised.
SG to log $24.5b-$26b tourism receipts in 2023, beating STB forecast
In 9M23, tourism receipts already crossed the $20b mark.
Keppel’s net profit soars to a record high of $4.1b in FY23
The company said its FY23 net profit is its highest in history.
UOL-SingLand JV tops bidding for Orchard Boulevard site
It proposed a bid price of $428m.
CapitaLand Ascendas REIT’s distributable income dips 1.4% to $654.4m in FY23
With lower income, the REIT declared a lower DPU of $0.15160.
Lendlease Global Commercial REIT’s NPI soars 22.2% YoY to $93.4m in 1H24
Despite higher NPI, the REIT declared a lower DPU of $0.0210.