Singapore

ESR-REIT prices $125m subordinated perpetual securities at 5.75%

Proceeds will be used to refinance or repay ESR-REIT’s existing borrowings.

Sembcorp terminates gas sale deal in Indonesia

Regulators did not approve the transaction.

Singlife, aberdeen launch new share class of global income bond fund

The fund invests substantially in global multi-sector bonds rated BBB and BB.

URA awards tender for Media Circle (Parcel A) site to highest bidder

The highest bidder offered $315m, or $11,158.34 per sq m of gfa for the site.

SG, SUTD sign MoU on urban solutions collaboration

CLC and SUTD will exchange knowledge on innovative, healthy, and regenerative cities.

SingPost injects $30m to expand e-commerce logistics hub capacity

This will enable the facility to handle 400,000 parcels per day.

Singapore G opens cold storage facility in Central SG

The new facility includes 16 cold storage rooms ranging from 300 to 1,500 square feet.

Singapore ranks second globally for cross-border land investments in 2024

Singapore also remained the fourth-largest global source of outbound capital despite a drop in capital outflows in H2 2024.

Mid-cap trading surges 35% in Q1 2025

Mid-cap stocks attracted $71m in net institutional inflows YtD.

Firms invested $148m in Dubai FDI projects in 2024: report

Singaporean firms played a significant role in sectors such as software and IT services and financial services.

Singapore Polytechnic partners with SPH Media, VICPA to upskill creatives

SPH Media’s STUDIO+65 will offer students hands-on experience in virtual production, whilst VICPA will conduct a study on creative freelancing.

Sluggish revenue growth seen in Telecom sector until 2028: report

Operators are struggling to increase subscriber numbers and maintain pricing power.

LTA rule puts taxis, private hire cars on equal footing

The number of taxis has fallen by 55% to 13,100 in the past 10 years.

Daily Markets Briefing: STI up 0.14%; Top stock is ST Engineering

ST Engineering is the top stock with a 3.65% increase.