News
Re-centering of Singapore dollar policy band possible later in 2025, says analyst
Weak inflation and growth could push MAS to shift the currency band lower later this year.
ESR, STACK form JV to build 72 MW data center in Kansai
Construction of the first 18 MW building has commenced.
WFS and partners unveil $352m cargo terminal at JFK airport
This is JFK’s first new cargo terminal in three decades.
IHH Healthcare and UOB ink $300m sustainability-linked loan
This financing is the bank’s first in the health sector.
Amara receives $0.895 per share buyout offer
The offer represents a 27.0% premium over Amara’s last traded price.
Manulife SG unveils indexed universal life solution for wealth preservation
It promises 0% return floor for downside protection.
LMIR Trust NPI slips in Q1
Gross revenue also grew by 4.9% to $49.9m.
COTD: Auction listings up by 7.1% QoQ in Q1
The overall auction listings in the quarter were made up of more mortgagee sales.
COTD: Mortgagee sale listings rise in Q1 driven by residential segment
It consisted of 32 non-landed homes and five landed residences.
Freehold bungalow on Swiss Club Road up for sale at $18.5m
The site offers privacy and flexibility for redevelopment or immediate occupancy.
CapitaLand Ascendas REIT sees SG occupancy sink in Q1
This was partially offset by higher occupancy rates at an industrial and business property.
Employment growth slows in Q1; unemployment rises
Resident employment continued to increase in health and social services and financial services.
Rex Int'l unit signs key contracts for Benin oil project
The Mobile Production Unit will be converted from a medium-sized drilling rig.
FCT’s H1 2025 NPI up 7.3% YoY
DPU rose 4.9% YoY.
Stoneweg European REIT NPI up in Q1
Gross revenue increased by 0.5%.
Strong retail buying emerges as STI plunges
The STI sharply declined 14.6% before partially recovering 12.9%.
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Commentary
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