News

Hyflux former chief Olivia Lum faces three more charges

Hyflux’s unaudited financial statements in 2017-2018 failed to disclose millions in bank deposits.

Hyflux former chief Olivia Lum faces three more charges

Hyflux’s unaudited financial statements in 2017-2018 failed to disclose millions in bank deposits.

Retail sales soar 4.5% to $4.1b in March

13.0% came from online retail stores.

Higher ABSD rate hits foreign demand in ‘The Continuum’ sale

PropNex said the increased rate hit investment demand.

Private home prices to cool off at 4%-7% in 2023: experts

Meanwhile, expect more buyers to return once the interest rate stabilised in the second half.

Singapore has the priciest office fit-out costs in SEA

The Lion City’s fit-out cost for a basic hybrid is $113 (US$86 psf).

HDB resale prices to cool off at 5%-8%: experts

Meanwhile, expect demand for resale flats to increase in the second half of 2023.

OUE Commercial REIT’s NPI up 18% YoY in Q1

Its revenue also grew due to Hilton Singapore Orchard's contributions.

AA REIT posts 5.1% YoY growth for DPU in FY 2023

The distribution per unit (DPU) grew to 9.944 cents.

MPFunds trader programme launches in Asia

Participants can earn up to $530k whilst learning how to trade.

Singapore and Hong Kong’s talent war intensifies: CBRE

Both markets have put up schemes to woo foreign talent.

Chart of the Day: SG vs HK on R&D spending

Singapore spends 1.9% of its GDP on research and development.

HDB resale volume down 4.3% MoM in April

There were 2,188 HDB resale flats sold in April 2023.

Singtel, Etiqa offers Singtel Bill Protect for retrenched Singaporeans

Eligible customers could use the insurance plan to cover accidental death.

SG Tourism Board appoints new chief executive

Melissa Ow will take on the new role.