News
Keppel REIT issues $300m perpetual securities at 3.78%
This is under its $2b multicurrency debt issuance programme.
Older buyers, HDB resales to fuel 2025 private home demand: Savills
Sales drop to lowest quarter in over four years on fewer launches.
Keppel DC REIT to dispose NetCo bonds, shares in $79.2m deal
KDCREIT first subscribed to the bonds on December 2021.
PropNex doubles H1 net profit to $42.26m on higher revenue
It has proposed a cash dividend of 5 Singaporean cents per share.
Bumitama Agri’s H1 net income jumps 47.8%
Revenue was also up 28.2% during the same period.
UOB strengthened deposit franchise, saw more bad loans in Q2
Its NPL formation was elevated in Q2, according to UOB Kay Hian.
Rex International records 13,710 barrels of oil per day in July 2025
This was yielded from operations in Norway, Oman, and Germany.
MoneyMax records profit growth of 76.4% YoY in H1 2025
Its revenue also jumped by 31.2% YoY.
SBS Transit net profit down 7.7% in H1
The group’s revenue also fell 4.5% to $745.9m
CapitaLand Ascendas REIT completes acquisition of 9 Tai Seng Drive
$275.5m used from private placement.
ABC Impact marks entry in PH health sector with AC Health deal
The investment will give the impact investor a minority stake in the Manila-based firm.
ST Engineering and SF Airlines launch airframe MRO facility in China
The facility is located at the Ezhou Huahu International Airport.
SGX securities turnover up 27% in July
SDAV also rose 27% YoY to $1.47b.
Singapore NODX up 7.1% in Q2
Full-year 2025 NODX forecast maintained at 1% to 3%.
Retail workers’ wages to rise under new Progressive Wage Model
Entry-level retail workers to earn at least $2,305 from September.
Singtel appoints Dinesh Khanna as non-executive director
He is Temasek International’s joint head of portfolio development.
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