News
Singapore's general insurance market rises 15% to $9.34b in 2022
The strong uptake in the domestic market contributed to the growth.
Singapore's general insurance market rises 15% to $9.34b in 2022
The strong uptake in the domestic market contributed to the growth.
Youth groups say quality of life dropped in 2023 compared to 2019
Teenagers were mostly hit by the impact of health restrictions for social events.
Mapletree North Asia Treasury Company redeems $117.75m of 3.50% notes
The notes were issued on 22 March 2016.
Starhill Global REIT clashes with Myer over alleged breach of lease
Myer occupies 52.0% of the net lettable area in the Myer Centre Adelaide.
CDL expands hospitality footprint in Australia with Sofitel acquisition
The company will acquire the property for $159.2m.
Ohmyhome debuts on Nasdaq
The SG-based company priced its IPO at US$4.00 per share.
ESR’s PATMI rises 9% YoY to US$655m in FY22
PATMI would have surged 24% YoY if not for the weakness of APAC currencies vs USD.
Transport minister wants new tech to address air traffic management
He said there will soon be a centre for flight safety to improve air traffic.
Singapore reaffirms creditor hierarchy following Credit Suisse AT1 wipeout
Equity holders will absorb losses before AT1 and Tier 2 bondholders, MAS said.
Chart of the Day: 10% of fund managers' businesses are still unautomated
Asset servicers are less likely to be manual than investment managers.
Write-off of CS AT1 securities no risk to SG banks: analyst
The strong corporate governance and risk management add bank confidence.
Daily Markets Briefing: STI up 1.61%; Mapletree PanAsia is most active stock
There were no losers in the stock market.
Flight Safety Foundation to launch aviation safety centre in Singapore
The centre will work on three key projects this year.
Schneider Electric to deploy over 20,000 EV chargers by 2030
The company has supplied 2,000 EV chargers as of December 2022.
Gov't mulls increasing portion of Shorter Waiting Time flats in overall supply
They plan to launch around 2,000 to 3,000 of such flats each year by 2025.
Island-wide retail vacancy drops to lowest point in 7 years
In Q4, the vacancy rate was 7.1%.
SG eyes enhancement of key food distribution facilities
This is part of the government’s measures to prepare SG for future pandemics.
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