News

Property acquisition is significant driver of debts in Singapore

Less than half of Singaporeans take loans or debts to buy immovable property.

Property acquisition is significant driver of debts in Singapore

Less than half of Singaporeans take loans or debts to buy immovable property.

MAS pledges S$150m to aid the financial sector

The scheme aims to back projects and maximise the use of technologies.

Chart of the week: alternative payments used in 1 in 3 online shopping transactions

Singapore’s e-commerce market is forecast to grow by 15% this year.

‘Period of uncertainty’ awaits Sabana REIT unitholders after manager’s removal: ESR Group

More than half (57.5%) of unitholders voted for the removal of Sabana’s manager.

ARA US Hospitality Trust’s NPI rises 4.3% YoY to US$22m in 1H23

Given the higher NPI, the REIT proposed a 5.2% YoY higher distribution per stapled security.

Canvas8 expands to Singapore and the Philippines

Insights firm Canvas8’s CEO, Nick Morris, eyes bold expansion in key Asia Pacific markets as he foresees growth and opportunities in the region.

Lermit Road GCB on sale for $137.2m

The freehold GCB will be sold via private treaty.

SIA to ramp up services across its network during Northern Summer 2024

It will increase flights from Singapore to Australia, Japan, and India, amongst others.

8 in 10 local firms mull overseas expansion in the next two years

Firms believe it's easier to run an international business today.

Vacant buildings to turn into hostel accommodation for SG’s foreign HCWs

The retrofitted rooms are for newly employed Singapore public healthcare workers.

IHH Healthcare grants approval for Agilus IPO plans

The timing of the IPO will be determined by Agilus and Fortis.