News

Chart of the day: Public property investment sales soared from $110m to $3.1b in Q1

This supported the growth of total investment sales which rose by 34% to $6.3b in Q1.

OCBC seeks partner for securities venture in China

The move complements its goal of doubling pre-tax profit from Greater Bay Area to $1b by 2023.

Singapore's private banks hold steady amidst industry rout

The AUM of Bank of Singapore rose 3% to US$102b.

Ascendas Property raises total note issuance from $500m to $1.5b

The firm has also entered into a supplemental trust deed with DBS Trustee.

Keppel O&M gets go-ahead to start conversion works for $1.28b FLNG project

The Gimi floating liquefaction vessel is designed to produce 2.5 million tonnes of LNG per annum.

Singapore NODX fell 11.7% in March

Both electronic and non-electronic exports weakened.

SPH buys UK student dorm portfolio for $237m

The portfolio spans three cities and has a total capacity of 1,243 beds.

Singaporeans' inflation expectations edged up to 3.1%: poll

Expectations across all categories of CPI-All Items inflation moved up QoQ.

2 in 5 firms fail to act on customer feedback: survey

Meanwhile, 10% of companies ignore feedback entirely.

Chart of the day: Auction listings skyrocketed 103.4% in Q1

Homeowners who found it difficult to dispose of properties following July's cooling measures turned to auction listings.

SPH REIT's Q2 results get boost from Australia buy

It bought 85% of Figtree Grove Shopping Centre at a post-cost yield of 5.7%.

Property investment sales dropped 52% to $5.3b in Q1 2019

The 82% YoY drop in residential investment sales contributed the most to the decline.

STB ties up with Alibaba for Chinese traveller analytic tools

The collaboration aims to boost Chinese visitor arrivals and spending.