Singapore
River Valley Apartments up for sale: Knight Frank
River Valley Apartments up for sale: Knight Frank
It will be sold by public tender for $56m, or approximately, $1,622 per sq ft per plot ratio.
GE Vernova eyes $27.2m gas turbine investment in Singapore
It will leverage artificial intelligence and hire over 100 technical roles.
STI nets 23.5% returns, best in a decade
Yangzijiang Shipbuilding was the top-performing stock.
CCCS approves AMD’s proposed acquisition of ZT Group
The acquisition will not infringe section 54 of the Competition Act 2004.
Straits Trading launches second series of 3-month commercial papers on SDAX
It expects to raise between $5m and $10m.
Former PSA chairman Fock Siew Wah dies at 84
Siew Wah was also the founding chairman of SMRT and the LTA.
Retail sector faces headwinds despite expected early 2025 boost
Expected GDP easing to affect retail sales growth this year.
Daily Markets Briefing: STI up 0.53%; Top stock is Keppel
Keppel is the top stock with a 1.74% increase.
Tiong Seng Holdings increases share capital with $2m placement
The placement agreement was signed with Continental Steel Pte Ltd, one of Southeast Asia’s premier steel suppliers.
CSE Global subsidiary initiates legal proceedings over SBLC dispute
The company intends to recover the $8.1m (US$6m) paid under the SBLC.
Resale condos show recovery in November with 1.2% price increase: analysts
Growth was attributed to limited supply and recovering demand, particularly in the OCR.
HDB resale prices grow 9.6% in 2024 despite Q4 slowdown
It was higher than the 4.9% growth in 2023.
Budget 2025 proposals must boost cybersecurity and innovation: EY
It also called for enhancements to Singapore's tax system to support businesses and drive innovation.
Singapore GDP could grow by up to 3% in 2025: analysts
UOB and RHB said MAS will likely maintain its current policies through mid-2025.
GCB sales rise in H2 2024 with 12 deals valued at $376m
The sales value in H2 was 61% higher than in H1.
Singtel Strategic Investments backs ADVANC tender offer with NewCo
The tender offer will cover the remaining 1.08 billion shares of ADVANC.
Nio boosts EV deliveries by 38.7% YoY in 2024
Its cumulative deliveries reached 671,564 in 2024.
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