News
Yangzijiang Shipbuilding secures new orders for 37 vessels
                                                                                 
                    
                    Year-to-date, the group has secured new orders worth US$5.6b, almost double its 2023 target.
                
                                
            Yangzijiang Shipbuilding secures new orders for 37 vessels
                                                                                                                 
                            
                            Year-to-date, the group has secured new orders worth US$5.6b, almost double its 2023 target.
                        
                                                
                        
    
                    Condo resale prices up 9.2% in May
                                                                                                 
                        
                        A $14.08m condo in Yong An Park was the most expensive unit resold for the month.
                    
                                        
                    
                AIMS APAC Reit reports nearly 70% valid acceptances under preferential offering
                                                                                                 
                        
                        The preferential offering ended on 22 June 2023.
                    
                                        
                    
                Study shows a 54% increase in ransomware incidents in Singapore
                                                                                                 
                        
                        Most businesses in IT and manufacturing were affected by this increase.
                    
                                        
                    
                Rising advertising costs main barrier in talent acquisition, say hiring leaders
                                                                                                 
                        
                        Over 83% say cost of accessing job boards is also prohibitive.
                    
                                        
                    
                Yangzijiang secures contract to build 6 methanol dual-fuel vessels for Maersk
                                                                                                 
                        
                        The six vessels will replace currency capacity within Maersk’s fleet.
                    
                                        
                    
                Sabana unitholder ESR Group releases open letter amidst Quarz issue
                                                                                                 
                        
                        ESR Group wants to establish some considerations before the unitholder's resolutions.
                    
                                        
                    
                Sembcorp’s India wind unit proceeds with arbitration over 300 MW wind project contract
                                                                                                 
                        
                        GIWEL filed a S$134.1m statement of claim against Siemens Gamesa Renewable Power Private Limited.
                    
                                        
                    
                Daily Markets Briefing: STI down 0.06; Yangzijiang Shipbuilding is top stock
                                                                                                 
                        
                        Yangzijiang Shipbuilding is the most active stock.
                    
                                        
                    
                Final settlement not accepted by GuGong: No Signboard
                                                                                                 
                        
                        It was open for acceptance until 5 p.m. on 21 June 2023.
                    
                                        
                    
                999-year leasehold GCB site in Chestnut Drive on sale for $22m
                                                                                                 
                        
                        PropNex Realty said the site will be sold via expression of interest.
                    
                                        
                    
                $1.4b life sciences and innovation cluster unveiled in science park rejuvenation
                                                                                                 
                        
                        CapitaLand said the cluster adds 180,600 sqm to back biomedical R&D.
                    
                                        
                    
                Manufacturing output drops 10.8% in May
                                                                                                 
                        
                        Excluding the biomedical manufacturing segment, the output would’ve fallen 13.0%. 
                    
                                        
                    
                Yangzijiang Shipbuilding clinches contract for the construction of 3 CABU III vessels
                                                                                                 
                        
                        The company will construct the vessels for Norway-based Klaveness Combination Carriers ASA.
                    
                                        
                    
                More than half of Singaporean parents prefer sustainable products
                                                                                                 
                        
                        This is despite sustainable items being more expensive.
                    
                                        
                    
                Prime Grade office rents in Raffles Place and Marina Bay up 1.2% QoQ in Q2
                                                                                                 
                        
                        The rents averaged $10.96 per square foot per metres.
                    
                                        
                    
                Which companies generated the most value out of their CEOs in 2022?
                                                                                                 
                        
                        One way to measure this is by looking at a company’s Net Profits After Tax.
                    
                                        
                    
                 
            	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                	         
                             
                             
                     
                             
                             
                     
                             
                             
                     
                             
           
                                 
                                 
                                 
               
                                     
                                     
                                     
 
                                                                                                
                                                
                                                                                                                                         
 
                                                                                                
                                                
                                                                                                                                         
 
                                                                                                
                                                
                                                                                                                                         
 
                                                                                                
                                                
                                                                                                                                         
                 
                 
                 
                 
                 
                 
                