News

Frasers Property to privatise Frasers Hospitality Trust at $0.71 per unit

The offer price is 28.6% to 56.8% above FHT’s historical net asset value multiples.

Singapore life insurance industry sees 10.9% growth in Q1 2025 premiums

The growth was led by the double-digit increase in annual premium policies.

Tech spending to rise 5.6% to $25.5b in 2025

This expansion is fuelled by the city-state’s rapid adoption of artificial intelligence across sectors.

Singapore founders want family succession but lack planning: report

81% of Singapore’s entrepreneurs want to keep their businesses in the family. 

Mapletree acquires Joliet site to expand US logistics reach

The site is located near the I-80 and I-55 interchange and offers access to the Joliet Intermodal Center.

Private rents rise 0.4% as demand rebounds in Q1

Across the board, rents climbed in all market segments.

HDB rental volume jumps 12.3% as activity rebounds in Q1

The number of approved applications to rent out HDB flats jumped by 12.3% to 9,662 units in Q1 2025.

Daily Markets Briefing: STI down 0.32%; Top stock is ST Engineering

ST Engineering is the top stock with a 1.41% increase.

LTA enables Amex contactless fare payments for public transport

Commuters can now use Amex for transport with no extra fees.

GXS Bank names Pei-Si Lai as group CEO

Incumbent CEO Muthukrishnan Ramaswami will become a senior advisor to the GXS Group.

UHREIT’s NPI drops 8.4% YoY in Q1

The decline was due to divestments made in August 2024 and January 2025.

Ascott ramps up upskilling to support global expansion

Ascott plans to open over 300 new properties by 2028.

Wellness top Singaporean travellers' priorities: report

This is followed by cultural activities and adventurous trips.