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Soaring raw material prices may cause Singapore developers to delay projects PROPERTY developers may be looking to defer their less urgent projects as the prices of some raw materials such as steel and aluminium have become more volatile since the Russia-Ukraine conflict began.
CDL to make 'significant gains' from sale of Tanglin Shopping Centre PROPERTY developer City Developments Ltd (CDL) said in a bourse filing early on Wednesday (Mar 30) that it expects to make a "significant gain" from its sale of Tanglin Shopping Centre to Hillthorpe Investments, an investment vehicle of Pacific Eagle Real Estate.
Retail markets in Singapore aim for a physical comeback as Covid-19 curbs ease WHILE many retail establishments turned to e-commerce to stay afloat amid the pandemic, operators of physical retail markets are still committed to the in-person experience, hoping to revive their trade as Covid-19 curbs relax.
LTA awards S$526m civil contract for Bright Hill interchange on Cross Island Line Phase 1 THE Land Transport Authority (LTA) has awarded a S$526 million civil contract to construction company Penta Ocean Construction for the Bright Hill interchange station and tunnels under the first phase of the Cross Island Line.
ComfortDelGro to invest S$30m in autonomous vehicles COMFORTDELGRO will be investing S$30 million in the research and development of autonomous driving capabilities over the next 5 years.
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The STI today
STI up 0.25%; Asia indices join global rally on hopes for Ukraine-Russia peace talks
SINGAPORE shares extended gains into the third session of the week as investors welcomed prospects for a de-escalation of the war between Russia and Ukraine.
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