LEASING volume for multiple-user factory spaces in Singapore dropped 34.4 per cent on the year to 1,577 transactions in July and August, amounting to S$5.7 million, Knight Frank said on Tuesday. This comes as strong challenges faced during the Singapore “circuit breaker” period and economic uncertainties continue to subdue substantial movements in the leasing market, […]
Read MoreSINGAPORE retail sales dropped 5.7 per cent on the year in August, an improvement from the 8.5 per cent year-on-year decline recorded in July, according to the Singapore Department of Statistics (SingStat) on Monday. The better performance was due to strong demand for both new and used cars, SingStat noted. Excluding sales from motor vehicles, […]
Read MoreGLOBAL financial messaging network Swift and Singapore’s Infocomm Media Development Authority (IMDA) have partnered to accelerate trade digitalisation around the world. They will combine Singapore’s TradeTrust – an interoperability framework that connects platforms to exchange digital trade documentation – with the Swift community, under a memorandum of intent (MOI) signed on Monday. The goal is […]
Read MoreCambodia and Singapore are jointly studying the draft framework agreement on the development of the Phnom Penh Logistics Centre (PPLC). The centre will be located on 98ha in Dangkor district’s Samrong Krom commune, an area lying just west of Phnom Penh International Airport. It is part of the government’s logistics master plan and aims to […]
Read MoreSINGAPORE – Despite the Covid-19 pandemic and a recession, prices of private homes in Singapore picked up in the third quarter as Singapore entered phase two of its reopening after a nearly two-month-long circuit breaker. The overall price index for private residential properties rose by 0.8 per cent, faster than the 0.3 per cent rise in the […]
Read MoreTHE Urban Redevelopment Authority’s (URA) flash estimate for the third quarter of this year showed that the overall price index for private homes in Singapore edged up 0.8 per cent over the preceding three months. This comes after a 0.3 per cent increase in Q2 this year. According to the URA flash estimate released on […]
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