Daily Debrief: What Happened Today

Published Wed, Oct 19, 2022 · 06:30 PM
    • Savills Research expects Grade A CBD office rent to grow at 3 per cent for the whole of 2022 and increase by 2 per cent year-on-year in 2023.
    • Savills Research expects Grade A CBD office rent to grow at 3 per cent for the whole of 2022 and increase by 2 per cent year-on-year in 2023. PHOTO: BT FILE

    Stories you might have missed

    Grade A office rents to maintain strong growth trajectory as vacancies fall: Savills

    RENTAL of Grade A offices in Singapore’s Central Business District (CBD) will maintain a strong growth trajectory in the near-term, as demand increases and vacancy levels contract further in Q3, according to a Wednesday (Oct 19) report by Savills Research.


    Four partners join sustainability collaboration, ink MoU with A*Star, JTC, TÜV SÜD

    ENTERPRISE Singapore, the Singapore Manufacturing Federation, the Singapore Precision Engineering and Technology Association and Singapore Polytechnic on Wednesday (Oct 19) signed a memorandum of understanding (MoU) along with existing members of the Green Compass collaboration to further develop the Green Compass environmental sustainability assessment and roadmapping tool and bring it to more companies in Singapore.


    SMEs in expansionary territory for seventh straight quarter: OCBC

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    LOCAL small and medium-sized enterprises (SMEs) have been expanding thanks to a healthy pick-up in consumer demand and international air travel, according to the OCBC SME Index released on Wednesday (Oct 19).


    Mastercard eyes US$5.5t opportunity in B2B procurement settlements

    AS ASIA-PACIFIC businesses grow to serve a growing market of customers, their spending on procurement has increased in tandem. Yet, the settlement process for most procurements remains inefficient.


    Malaysia’s trade surplus in September hits record high

    MALAYSIA’s trade surplus grew by 20.9 per cent year-on-year in September to reach a record RM31.7 billion (S$9.57 billion), according to fresh data released by the Department of Statistics Malaysia (Oct 19).


    Easier to justify construction greening costs in Singapore: Lendlease CEO, Asia

    LENDLEASE strategically focuses on larger projects in more expensive markets like Singapore as they are better able to absorb the additional cost associated with greening the built environment, said Lendlease’s chief executive officer (CEO) for Asia Justin Gabbani.


    The STI today

    Singapore stocks fall on Wednesday amid mixed regional trading; STI down 0.1%

    SINGAPORE stocks ended lower on Wednesday (Oct 19), amid mixed trading in the region. The Straits Times Index (STI) lost 0.1 per cent or 3.08 points to close at 3,022.8.

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