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Posted on May 9, 2024

Singapore property tax hike dents FHT’s 1H24 bottom line

In 1H24, the REIT reported a 1.3% YoY lower NPI. The increase in Singapore property taxes has negatively impacted Frasers Hospitality Trust’s (FHT) net property income (NPI) for the 1H24 period. In …

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Posted on May 8, 2024

Analysis: A Forest City casino? A risky gamble for Malaysia due to Islamic sensitivities, business viability

It would be politically difficult for PM Anwar Ibrahim and the king to support such an idea, say analysts. They add that relations with Singapore and China could also sour if such a casino targets …

( read original story …)



Posted on May 7, 2024

Singapore government briefings for international banks not ‘unusual’ as asserted in FT article: Indranee

In an Apr 20 article, the Financial Times reported that Singapore had given international banks an “unusual series of top-level briefings on geopolitics”.
Posted on May 7, 2024

UAE’s Damac Properties announces APAC expansion plan

UAE-founded real estate developer with global aspirations, Damac Properties, has announced brand-new office openings in Beijing and Singapore. With its sights firmly set on global expansion, the …

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Posted on May 7, 2024

Singapore takes the crown for offering highest average annual salary in Asia

SINGAPORE: When it comes to the highest yearly salaries in Asia, Singapore is ranked number… The post Singapore takes the crown for offering highest average annual salary in Asia appeared first on T …
Posted on May 7, 2024

Singapore takes the crown for offering highest average annual salary in Asia

SINGAPORE: When it comes to the highest yearly salaries in Asia, Singapore is ranked number… The post Singapore takes the crown for offering highest average annual salary in Asia appeared first on T …
Posted on May 7, 2024

Singapore-Based Data Center Operator Gets Green Load to Fund its $1.5 Billion Project

Princeton Digital Group has obtained a green loan of $280 million to help finance a data center it’s building in … as it aims to get that project operational by June. The Singapore-based group, …
Posted on May 7, 2024

UAE-Founded DAMAC Properties Announces Aggressive APAC Expansion Plan with Latest Office Openings in Singapore and Beijing

UAE-founded real estate developer with global aspirations, DAMAC Properties, has announced brand-new office openings in Beijing and Singapore. With its sights firmly set on global expansion, the …

( read original story …)



Posted on May 7, 2024

Shell in talks to sell Malaysia petrol stations to Saudi Aramco, sources say

It’s consistent with Shell’s move to sell its refinery on Bukom Island in Singapore, which supplies the Malaysian network. Read more at straitstimes.com.
Posted on May 7, 2024

Who stars in ‘Super Rich in Korea’? Get to know five of Seoul’s most exquisite elites

SEOUL, SOUTH KOREA: ‘Super Rich in Korea’ provides a golden ticket to … who have chosen Korea as a second home-will be fascinating. The forthright Singaporean business magnate David Yong brings a …

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