News

Open for business: TikTok Shop launches in Singapore

The in-app feature is in support of local businesses. 

Ascendas REIT to acquire Philips APAC Center for $104.8m

More than two-thirds of the property’s gross floor area will be leased to Philipps.

DBS denies interest in India’s IDBI Bank: report

This follows after reports said that DBS is mulling purchase of a stake in the bank.

Singapore priced $2.4b inaugural sovereign green bond at 3.04%

The remaining $50m of the bond will be offered to investors.

Hong Leong Finance sees profits rise to S$45.1m in H1

It has also announced an interim dividend of S$0.0375 in its latest bourse filing.

Selling prices for private properties grow by around 3%-5% in Q2

The strong takeup in new condo launches boosted prices during the quarter.

No recovery yet for HDB resale demand since cooling measures: analyst

HDB sales are 11.3% lower and below the 12-month average.

Chart of the day: Strata retail gears up for a comeback

Reopening of the retail sector spurred interest in strata retail spaces.

Market update: STI up 0.52%

City Developments Limited was at the top.

2 in 3 Singaporean financial services professionals mulling leaving jobs

Demand for financial services professionals shoots up by 76% in the country.

Prime Freehold Corner F&B unit up for sale: CBRE

The unit is located at 2 Greenwood Avenue.

Manulife US REIT’s net income rises 2.8% YoY to US$57.6m in H122

The REIT said higher car park income was amongst the factors that drove the increase.

Ascott acquires first lyf-branded co-living property in Tokyo

The property will be acquired through the Ascott Serviced Residence Global Fund.

IMDA bares 3 new 5G projects awarded under its innovation programme

These include holomedicine capabilities, cinematic AR experience, and smart glasses.