Follow The Singapore Business Times, filter it, and define how you want to receive the news (via Email, RSS, Telegram, WhatsApp etc.) https://follow.it/businesstimes Tue, 31 Jan 2023 00:17:32 +0200 https://api.follow.it/track-rss-story-click/v3/Cel-KH5KkaFjVuBFULvOG5VjH6qdYdAk Stories you might have missed]]> Mon, 30 Jan 2023 12:30:11 +0200 https://api.follow.it/track-rss-story-click/v3/Cel-KH5KkaFjVuBFULvOG5VjH6qdYdAk https://api.follow.it/track-rss-story-click/v3/Cel-KH5KkaHCZnKWvKkawyejEQ2Mq9rY THE affordability and accessibility of public housing in Singapore is set to be debated in Parliament next Monday (Feb 6). ]]> Mon, 30 Jan 2023 11:05:32 +0200 https://api.follow.it/track-rss-story-click/v3/Cel-KH5KkaHCZnKWvKkawyejEQ2Mq9rY https://api.follow.it/track-rss-story-click/v3/Cel-KH5KkaGCfV6t_WTMM-T5HJgy6HUf SINGAPORE hotels’ average room rate (ARR) picked up in December 2022 after a marginal fall in November to record a new 14-year high, going by Singapore Tourism Board data on Monday (Jan 30).]]> Mon, 30 Jan 2023 08:04:03 +0200 https://api.follow.it/track-rss-story-click/v3/Cel-KH5KkaGCfV6t_WTMM-T5HJgy6HUf https://api.follow.it/track-rss-story-click/v3/Cel-KH5KkaGDN0mNXxyEEXn9ye8UNv30 SINGAPORE and Malaysia inked three agreements to cooperate in the areas of the digital economy, green economy and cybersecurity during Malaysian Prime Minister Anwar Ibrahim’s first official visit to the Republic on Monday (Jan 30).]]> Mon, 30 Jan 2023 07:48:54 +0200 https://api.follow.it/track-rss-story-click/v3/Cel-KH5KkaGDN0mNXxyEEXn9ye8UNv30 https://api.follow.it/track-rss-story-click/v3/Cel-KH5KkaGDN0mNXxyEESlmFkX7M1Jw DBS Group Research has downgraded its call on Grab to “fully valued” from “hold” as it expects the transport and delivery provider to incur significant losses before interest, taxes, depreciation and amortisation in the financial services segment.]]> Mon, 30 Jan 2023 07:35:05 +0200 https://api.follow.it/track-rss-story-click/v3/Cel-KH5KkaGDN0mNXxyEESlmFkX7M1Jw https://api.follow.it/track-rss-story-click/v3/Cel-KH5KkaEjhmuD9MjMc11cWWor9YPv A PERSONAL income tax hike for Singapore’s top earners did not cause them to spend less overall, while accompanying redistribution programmes did boost consumption by lower-income groups, a new study has found.]]> Mon, 30 Jan 2023 06:21:56 +0200 https://api.follow.it/track-rss-story-click/v3/Cel-KH5KkaEjhmuD9MjMc11cWWor9YPv https://api.follow.it/track-rss-story-click/v3/Cel-KH5KkaEXceqe9yYOEcb1naedg1wr CGS-CIMB on Monday (Jan 30) downgraded its call on Starhill Global Real Estate Investment Trust (Starhill Global Reit) to “hold” from “add” as it believes the Reit’s recent strong unit price performance will cap its upside going forward.]]> Mon, 30 Jan 2023 05:50:57 +0200 https://api.follow.it/track-rss-story-click/v3/Cel-KH5KkaEXceqe9yYOEcb1naedg1wr https://api.follow.it/track-rss-story-click/v3/Cel-KH5KkaElvi4r4cWlbps0ohxaO6Yr THE number of condominium resale units in December 2022 continued on a downward trend from the month before, registering a 14 per cent drop to 661 units from 769 in November, according to flash figures from SRX and 99.co on Monday (Jan 30).]]> Mon, 30 Jan 2023 05:17:33 +0200 https://api.follow.it/track-rss-story-click/v3/Cel-KH5KkaElvi4r4cWlbps0ohxaO6Yr https://api.follow.it/track-rss-story-click/v3/Cel-KH5KkaF-ZG4ndDJ2ZHn9ye8UNv30 ZILINGO’S board confirmed the fashion startup’s liquidation on Monday (Jan 30).]]> Mon, 30 Jan 2023 02:51:09 +0200 https://api.follow.it/track-rss-story-click/v3/Cel-KH5KkaF-ZG4ndDJ2ZHn9ye8UNv30 https://api.follow.it/track-rss-story-click/v3/Cel-KH5KkaF-ZG4ndDJ2ZKCY3L745TL_ KEPPEL Offshore & Marine (Keppel O&M) said on Monday (Jan 30) that it has made full payment of the fines and damages payable worth 343.6 million reais (S$88.2 million) to Brazil under a leniency agreement that had been set out earlier.]]> Mon, 30 Jan 2023 02:46:59 +0200 https://api.follow.it/track-rss-story-click/v3/Cel-KH5KkaF-ZG4ndDJ2ZKCY3L745TL_ https://api.follow.it/track-rss-story-click/v3/Cel-KH5KkaFKH-Ky2gCwv6CY3L745TL_ THE stock bulls are once again betting that US Federal Reserve chairman Jerome Powell will offer a reprieve to the US economy, risking another major selloff should he once more cast a cold eye and forge ahead with his inflation fight.]]> Sun, 29 Jan 2023 23:50:19 +0200 https://api.follow.it/track-rss-story-click/v3/Cel-KH5KkaFKH-Ky2gCwv6CY3L745TL_ https://api.follow.it/track-rss-story-click/v3/Cel-KH5KkaFKH-Ky2gCwvylmFkX7M1Jw CENTRAL bankers trying to ensure that surging consumer prices don’t feed yet more inflation are also doing what they can to keep their own houses in order.]]> Sun, 29 Jan 2023 04:30:12 +0200 https://api.follow.it/track-rss-story-click/v3/Cel-KH5KkaFKH-Ky2gCwvylmFkX7M1Jw https://api.follow.it/track-rss-story-click/v3/Cel-KH5KkaH-yHCtFerTw6CY3L745TL_ ABOUT 40 per cent of ongoing Build-To-Order (BTO) projects are delayed owing to the Covid-19 pandemic, and the Housing and Development Board (HDB) said it expects to clear the backlog in about two years.]]> Sat, 28 Jan 2023 07:10:02 +0200 https://api.follow.it/track-rss-story-click/v3/Cel-KH5KkaH-yHCtFerTw6CY3L745TL_ https://api.follow.it/track-rss-story-click/v3/Cel-KH5KkaG2Lw83kQDZx11cWWor9YPv CLAP along for Grammy-winning singer and producer Pharrell Williams, whose long-awaited effort to build a surf park in his hometown of Virginia Beach, Virginia, will mark one of the biggest high-yield deals so far this year.]]> Sat, 28 Jan 2023 04:48:32 +0200 https://api.follow.it/track-rss-story-click/v3/Cel-KH5KkaG2Lw83kQDZx11cWWor9YPv https://api.follow.it/track-rss-story-click/v3/Cel-KH5KkaHzvrKzIrCNzyejEQ2Mq9rY KEPPEL Reit on Friday (Jan 27) posted a 1.7 per cent increase in distribution per unit (DPU) to S$0.0592 for FY2022 ended Dec 31.]]> Fri, 27 Jan 2023 12:56:01 +0200 https://api.follow.it/track-rss-story-click/v3/Cel-KH5KkaHzvrKzIrCNzyejEQ2Mq9rY https://api.follow.it/track-rss-story-click/v3/Cel-KH5KkaFyj2C4e8G3VXn9ye8UNv30 Stories you might have missed]]> Fri, 27 Jan 2023 12:30:11 +0200 https://api.follow.it/track-rss-story-click/v3/Cel-KH5KkaFyj2C4e8G3VXn9ye8UNv30 https://api.follow.it/track-rss-story-click/v3/Cel-KH5KkaEjIaRhy9r8911cWWor9YPv ANALYSTS are generally positive about the prospects for Frasers Centrepoint Trust (FCT), after news of the trust jointly acquiring a 50 per cent stake in suburban mall Nex, together with sponsor Frasers Property, for S$652.5 million.]]> Fri, 27 Jan 2023 09:50:39 +0200 https://api.follow.it/track-rss-story-click/v3/Cel-KH5KkaEjIaRhy9r8911cWWor9YPv https://api.follow.it/track-rss-story-click/v3/Cel-KH5KkaFi7kvBvppoRClmFkX7M1Jw OCBC Investment Research has lifted its fair value estimate on CapitaLand Investment (CLI) to S$4.05 from S$3.74 upon fine-tuning its assumptions and rolling forward its valuations on the stock.]]> Fri, 27 Jan 2023 07:50:26 +0200 https://api.follow.it/track-rss-story-click/v3/Cel-KH5KkaFi7kvBvppoRClmFkX7M1Jw https://api.follow.it/track-rss-story-click/v3/Cel-KH5KkaENCvMW15FqLJVjH6qdYdAk FEWER Housing and Development Board (HDB) resale flats changed hands in the fourth quarter of last year, with prices inching up for the 11th straight quarter.]]> Fri, 27 Jan 2023 04:13:52 +0200 https://api.follow.it/track-rss-story-click/v3/Cel-KH5KkaENCvMW15FqLJVjH6qdYdAk https://api.follow.it/track-rss-story-click/v3/Cel-KH5KkaGkyno9lpxyJV1cWWor9YPv PRIVATE home prices in Singapore inched up by 0.4 per cent in the fourth quarter of 2022, after increasing by 3.8 per cent in the previous quarter. For the whole of 2022, prices of private residential properties increased by 8.6 per cent, compared to the 10.6 per cent rise in 2021.]]> Fri, 27 Jan 2023 02:48:58 +0200 https://api.follow.it/track-rss-story-click/v3/Cel-KH5KkaGkyno9lpxyJV1cWWor9YPv