News

Grab rolls out mapping service for enterprises

GrabMaps has a 4x lower error rate than a leading third-party mapping provider.

Chart of the day: Private residential supply in H2 2022 highest since 2018

However, it remains below the average supply of 9,000 units 10 years ago.

Market update: STI down at 0.2%

SATS logged the highest growth.

Experts expect economy to grow 4.8% in Q2

The full-year growth forecast was lowered to 3.8% from 4%.

ADDX accepts crypto assets of accredited investors

It is the first financial institution to do so in Singapore.

'Sandwich gen' has knowledge gaps in intergenerational wealth transfer

They also do not have enough knowledge of succession planning.

ADA buys SingPost unit in APAC expansion

The company currently operates in Malaysia, Singapore, and 8 other markets in the region. 

Nearly 6 in 10 Singaporeans rate employers as ‘average’ in upholding values

The majority of workers find the values of the company as important.

Yanlord Land contracted pre-sales drops 70% in first five months 

The contracted gross floor area during the period amounted to RMB1.135b.

CapitaLand unit to acquire logistics property for $18.2m in Malaysia

The acquisition is expected to be completed in H2 2022.

ASEAN launches arrangement to hasten customs clearances processes

The arrangement will allow for higher cost savings amongst businesses, said Finance Minster Wong

OCBC appoints first-ever head of Group Data Office

MacDonald led the creation of the bank’s dedicated AI unit in 2018.

ERA Realty forms a new division specialising in luxury residential market

The division is called Luxury Homes.   Real estate agency, ERA Realty, has formed Luxury Homes, a new division that will focus on marketing Good Class Bungalows (GCBs).

Leasing volumes down, rents up for private residential homes in Q1: Savills

Leasing volumes were down by 5.1% whilst rents grew by 4.2%.

Chart of the day: Factory and warehouse leasing volume slows to 3.5% in Q1

This is way below the double-digit increase from a year before.