Singapore

ESR-Reit divests two "non-core" assets for $53m

ESR-Reit divests of an industrial building and a warehouse for additional funds.

Olam expands business with US spice manufacturer acquisition

Olam Food Ingredients is set to acquire Olde Thompson for US$900m.

Changi Airport Group gets highest rating from Moody's

Moody's assigns a first-time Aaa issuer rating for the public airport operator.

LHN Limited acquires Geylang Road property for $13.5m

The real estate management firm bought it under an Option to Purchase agreement.

Employment increases for the first time in one full year

Approximately 4,800 Singaporeans found employment in the first quarter of the year.

Sunseap eyes expansion in Japan after latest Series E funding

The company earned an undisclosed amount from several new Japanese investors.

Work connections, breaks and things that office workers miss

Why do 70% of Singaporean professionals actually miss going to the office?

Analysts forecast higher GDP following surprising industrial production results

The 7.6% surge of industrial production in March broke past analyst estimates.

Aztech leads April tech stocks rally

The demand for hardware drove a 6.4% price gain in Singapore's top ten most traded technology stocks.

Payments firm Canvas floats card, app for household spending

Clients can transfer funds and manage spending on the card via their phones.

Amundi, HSBC launch Singapore's first AI-managed investment fund

With historical data and continuous training, the SMART Portfolio 2025 will manage investments with little human intervention.

Jardine C&C bares lower performance ahead of earnings report

The investment arm of Jardine Matheson is struggling to recover from the pandemic.

Capitaland acquires its first hyperscale data centre in China

The firm is investing $757.7m for the acquisition.

Nanofilm mulls project postponements amidst global chip shortage

Nanofilm expects manufacturers to continue stockpiling chips.

Singtel deploys standalone sites amidst accelerated 5G push

The company has upgraded its 5G radio access network with advanced radio technologies.

Inflation hits four-year high. Should we be concerned?

Headline inflation hit a 4-year high of 1.3% in March, the highest since May 2017.