News

Frasers Property’s attributable profit nosedives to $173.1m in FY23

In FY22, the company recorded an attributable profit of $928.3m.

Frasers Property’s attributable profit nosedives to $173.1m in FY23

In FY22, the company recorded an attributable profit of $928.3m.

Cromwell EREIT’s net property income dips 1.1% YoY to $146.7m in 9M23

The REIT attributed the decline to the absence of income from office projects under redevelopment.

PM Lee to visit the US for APEC summit

During his visit, Lee will also launch Enterprise Singapore’s San Francisco Overseas Centre.

Shophouse transactions fall 24.5% YoY in 9M23

Transaction value likewise fell, dropping 17.1% YoY.

Maybank eases cross-border fund transfers between SG, Malaysia

The bank added over 50 DuitNow participating institutions where customers can send money over.

Singapore’s life insurance industry dips 9.7% in 9M23

The life insurance industry reported a YTD total of S$3.5b in weighted new business premiums.

Singapore vows to implement Crypto Asset Reporting Framework

It mulls to transpose CARF into domestic law by 2027.

SG, Indonesia ink MOU on judicial cooperation

The countries will cooperate in areas such as cross-border commercial law.

Singapore emerges as 6th highest-paying city for marketers

The average annual marketing salary in Singapore is $116,890.10 (£70,223.04).

Employees experience stagnates in Singapore despite office improvements

There are few improvements in employee engagement, longer stays, and worker inclusion.

CapitaLand India Trust bags 5-year construction loan of $214m

CLINT will use the loan for its Navi Mumbai data centre.

Genting Singapore’s net profit jumps 59% YoY to $216.3m in 3Q23

The company attributed the increase to higher revenue for the quarter.

J’den by CapitaLand Development sells 88% of its units in weekend launch

It sold units at an average price of $2,451 per square foot.

CapitaLand to manage retail spaces at Singapore Sports Hub

The company will serve as the hub’s retail operator for 6 years.