Singapore

CEO Justin Quek steers OrangeTee to real estate centered around customers

A step toward this commitment is the launch of the consumer-centric event ‘Property Festival’ in 3Q24.

CEO Justin Quek steers OrangeTee to real estate centered around customers

A step toward this commitment is the launch of the consumer-centric event ‘Property Festival’ in 3Q24.

Manufacturing sector firms 'cautiously positive’ about business in 1H24

A net weighted balance of 10% expects an improved situation.

SGX Securities launches 1st active ETF

Singapore welcomed the listing of Lion-Nomura Active ETF.

Keong Hong Holdings posts $50.8m net loss in FY23

The company’s net loss rose 9% year-on-year.

ISCA allocates $3m to elevate directors' proficiency in board masterclass

The programme hopes to provide holistic learning to improve governance and practices.

Which sectors are confident in their business outlook for H1 2024?

The accommodation industry is the most confident amongst all sectors.

MPA welcomes 3 new board members

They will serve the agency for three years.

IREIT divests office asset in Barcelona for $35.5m

The sale price was 6.1% above the property’s latest valuation. 

SGX Group posts 1.0% YoY lower net income of $281.6m in 1H24

Its adjusted net income of $251.4m, however, translates to a 6.2% YoY increase.

CCCS begins in-depth review of Grab’s proposed acquisition of Trans-cab

The review ensures that the acquisition will not raise competition concerns.

AIMS APAC REIT’s net property income climbs 6.3% YoY to $97.8m in 9M24

Despite higher NPI, the REIT recorded a 4.1% YoY lower distribution per unit.

Retrenchments soar to 14,320 in 2023 

Business re-organisation or restructuring remained the top reason for retrenchments last year.

Study shows 1 in 2 financially savvy Singaporeans own crypto, bullish on its future

High risk and volatility are some of the top concerns deterring non-crypto users.

Average price of freehold shophouses jumps 10.1% YoY in 2023

The average price reflects a total transaction sales value of $948.0m.