News
Wing Tai–Metrobilt JV clinches Dunearn Road GLS site with $1,625-psf-ppr bid
Wing Tai–Metrobilt JV clinches Dunearn Road GLS site with $1,625-psf-ppr bid
Six bids received for Turf City plot as top offer signals firm developer interest in prime site.
Daily Markets Briefing: STI down 0.1%; Top stock is Seatrium Limited
Seatrium Limited is the top stock with a 2.56% increase.
DBS tops LinkedIn’s Singapore employer ranking
Financial firms took six of 15 spots.
Hudson Place homes to start above $1.4m
Sales will begin on 16 May.
Shophouse sales hit 28-year low
Transaction value fell 48% to $88m.
Cycle turns for Yangzijiang Shipbuilding, Poseidon deal under spotlight
The shipbuilder said order momentum has “moderated from its peak.”
CLAR portfolio occupancy dips to 90.5% in Q1 on SG, Australia decline
US and European segments provide growth, rising to 85.7% and 93.1%, respectively.
Green shipping service debuts as PIL, PSA, and DNV link platforms
Verified fuel credits now move across ports and vessels in the Singapore logistics chain.
Olam secures $2.4b deal, offloads 44.6% Olam Agri stake to SALIC
SALIC now holds 80.01% of Olam Agri.
GXS narrows net loss to $208m in FY2025
Net interest income rose to $55.6m, whilst operating expenses dipped to $217.6m.
SERT NPI slips 1.3% even as data centre strategy advances
This is thanks to a stable occupancy, positive rent reversion and capital recycling initiatives.
Yangzijiang Maritime bolsters fleet with 10 new vessels
Its orderbook spans tankers and bulk carriers with deliveries stretching to 2029.
CCS flags competition concerns over SUTL-Keppel Bay marina deal
A Phase 1 review found the parties are likely close competitors.
Vela Bay records 72% take-up at launch weekend
This is Bayshore’sfirst major launch in 20 years.
Singapore ranks 4th in Asia’s mobile network excellence index in Q1
It ranked 2nd for download speed and 3rd for 4G/5G in Opensignal network excellence.
MPACT FY25/26 DPU dips 0.6% to $0.0797 on weaker overseas contributions
Excluding a one-off tax charge, full-year DPU would have risen 1.1% to $0.0811.
IMDA blocks six inauthentic Singapore news sites
Six domains were cut off after election period activity were flagged.
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