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Steady demand lifts Q3 rents for business parks
Business parks remain a bright spot amid the gloom surrounding industrial property, with rents moving up in the third quarter, said consultants DTZ.It noted that average monthly rent was $5 per square...
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Stronger framework to shield Reit investors
New rules proposed for the booming real estate investment trust (Reit) sector will bring more disclosure over executive pay, shake up the fee structure and ensure that the interests of unitholders are...
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$59m hub helps SMEs in cluster cut costs
Industrial landlord JTC Corporation yesterday opened a $59 million hub for firms in the surface engineering sector, the latest in a line of innovative buildings that are transforming the old Tanjong...
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S'pore-Japan pact inked to help firms in both nations grow
A wide-ranging agreement signed yesterday should make it easier for local companies to explore opportunities in Japan.The memorandum of understanding inked by the Singapore Manufacturing Federation...
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GIC invests in mobile payment start-up Square
Singapore sovereign wealth fund GIC has confirmed an investment in United States-based mobile payment start-up Square.Some commentators believe the firm has the potential to rival offerings from the...
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GIC sells London property to Norway sovereign fund for $1.2b
Singapore sovereign wealth fund GIC has sold its entire stake in the Bank of America Merrill Lynch Financial Centre in London for £582.5 million (S$1.2 billion).Norges Bank Investment Management,...
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Da Vinci building in Upper Bukit Timah sold for S$58m
SIM Lian Holdings Pte Ltd has bought the Da Vinci building at 191 Upper Bukit Timah Road for S$58 million.The seller, a unit of high-end furniture retailer Da Vinci Holdings Pte Ltd, will be vacating...
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Simple requirements
WHEN it comes to building a home, architects are used to the first demand of clients - fit in as many bedrooms as possible.Rare is the client who asks for less, rather than more. Such as the Chia...
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Over 200 Marina One units sold, mostly to bulk buyers
SLIGHTLY more than 200 of the 242 units released so far at Marina One Residences have been sold. Most of the units sold are one and two-bedders.The developer, Khazanah Nasional and Temasek Holdings...
View ArticleSingapore's SMRT considering $1.3b bid for London taxi firm
SINGAPORE - Singapore public transportation operator SMRT Corp Ltd is considering an 800 million pound (S$1.6 billion) takeover bid for unlisted British taxi company Addison Lee, Sky News said on...
View ArticleUsing an attentive bedside manner for everybody's satisfaction
Meet a healthcare executive who aims for a pain-free experience in the workplace.Joycelyn Ling, chief operating officer of Mount Elizabeth Hospital Singapore, believes the role of leaders is to make...
View ArticleAsian stocks, oil skid in early trade Monday
SYDNEY - Asian stocks got off to shaky start on Monday in step with a steep decline on Wall Street as worries about global economic growth sapped confidence, keeping crude oil prices stuck near...
View ArticleSMRT 'eyes' $1.6b takeover of UK taxi firm
BRITAIN - Singapore public transport operator SMRT is considering an £800 million (S$1.6 billion) takeover bid for unlisted British taxi company Addison Lee, Sky News said on Saturday.Sky News, which...
View ArticleCompany finds value outside of apps, software
How far can the app economy grow? Can the acquisition of an application like Whatsapp for a whopping US$19bil (S$24.22bil) announced by Facebook earlier this year occur again?According to Ken Fisher,...
View ArticleHDB wins international award for service innovation
SINGAPORE - The Housing & Development Board (HDB) has picked up the international FutureGov Award for service innovation.HDB was recognised for providing a new and improved customer experience...
View ArticleAsian markets sink further on global economy fears
HONG KONG - Asian markets suffered fresh selling pressure Friday while the dollar dipped and oil hit multi-year lows following another round of losses on Wall Street fuelled by global growth...
View ArticleTop 5 offshore renminbi investments
Renminbi is on track to be one of world's reserve currencies as payments worldwide using it nearly tripled in value in the past two years ending in August, according to SWIFT, an international banking...
View ArticleTaiwan readies $420 million industry stimulus
Reports indicate that the Ministry of Economic Affairs (MOEA) on Wednesday is poised to unveil an 10 billion Taiwan dollar (S$420 million) initiative to elevate the competitiveness of Taiwan's...
View ArticleSingapore transport firm SMRT shuns bid for Addison Lee
SINGAPORE - Singapore public transport operator SMRT said Monday it has decided not to make a bid for Addison Lee, London's biggest minicab firm.Britain's Sky News reported at the weekend that SMRT was...
View ArticleYen up against dollar in Asia on global growth fears
SINGAPORE - The yen rose against the dollar in Asia Monday as concerns over the global economy sent traders fleeing to safer investments, analysts said.The dollar slipped to 107.19 yen (S$1.27) in the...
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