News

COTD: Luxury home market sees surge in sales volume

141 luxury homes in the core central region exceeding $5m were transacted.

Singapore appoints five new IRAS board members, reappoints four

The new board composition will start on 1 September 2025.

Shangri-La Asia reports lower net profit by 38.7% YoY in H1 2025

The decline was mainly driven by lower revenue in Singapore and mainland China.

mm2 Asia widens net loss in H1

Revenue also fell 13.9% year on year to $165.1m during the same period.

AIMS APAC REIT to acquire $56.65m Aljunied Avenue site

The company said the acquisition will enhance its portfolio resilience.

Import, export price indices fall YoY in July 2025

The decrease in non-oil indices was due to the Machinery and Transport Equipment index

Avi-Tech’s net profit sinks 76.4% in H1

Despite this, the board proposed a final dividend of $0.0025 per share.

Civmec net profit falls 34% YoY in FY2025

The decline was due to lower revenue from reduced activity levels.

GuocoLand net profit falls 17% YoY for FY2025 to $107m

Growth in Singapore was offset by allowances for China losses.

Temasek creates three new units, reshuffles senior leadership

The reorganisation will take effect on 1 April 2026.

Half of Gen Zs expect to retire comfortably without planning

However, 72% of Gen Z respondents reported having no retirement plan, as they are focused on building their earning power first.

Singapore draws $546m in hotel deals with safe haven appeal

Hotel investment volume across Asia Pacific reached $4.7b in H1 2025, down by 23% YoY.

StashAway rolls out new semi-liquid market portfolios

The new funds are positioned as alternatives to traditional private market vehicles.

IHH Healthcare unveils new brand identity

The rebrand aims to unify its global network under a single purpose and strengthen its position as a provider of healthcare.

Singapore fuels branded home surge with outbound resort capital

The report highlighted Asia Pacific now accounts for 40% of the global branded residence pipeline.