News

CapitaLand Ascendas REIT completes Japan data centre acquisition

CapitaLand Ascendas REIT completes Japan data centre acquisition

The REIT used $188.3m from its equity fundraising proceeds to partially finance the Greater Osaka asset.

Concord New Energy April power output falls 5.3%

Wind and solar generation both declined YoY.

CIMB nabs StanChart Malaysia chief as Singapore and Growth Markets CEO

He spent 15 years working in Singapore, focusing on mergers and acquisitions and leveraged finance.

Cursor names Simon Green APJ president, designates Singapore regional HQ

AI coding firm to expand APJ operations and hiring from SG base.

Scoot doubles down on Airbus A320neos with 11-jet order for 2028

The added fleet will feature between 186 and 236 seats in a single-class configuration.

Executive condo minimum occupation period doubled to 10 years

First-time home buyers quota for new EC units has been raised to 90%.

Financing set for shake-up as EC scraps DPS, raises quota

10-year MOP and DPS removal shift EC launches toward first-timer demand. 

Singapore dollar’s 'gradual appreciation' to continue: Alvin Tan

The US dollar will not unduly affect the currency, the minister added.

Singapore seeks to widen IMDA oversight on media stake buys

Immaterial transactions would no longer need prior written approval.

SDAI gets shareholder nod to enter biotech and anti-ageing business

It targets the longevity market with skincare, supplements and moxibustion push.

SIA launches Madrid route and reduces Munich flights

It is also increasing flight frequency to Manchester, London Gatwick, and Milan.

ST Engineering lands $100m smart mobility contracts in Middle East

Maintenance works for Qatar's Road Management Centre began in the first quarter.

Holland Plain GLS draws sole bid at $1,491 psf ppr

Sim Lian submitted the sole offer for the CCR site expected to yield about 280 homes.

EU duty changes drive SingPost‑Asendia partnership in e‑commerce

The deal adds DDP capability ahead of 2026 removal of low-value import exemption.

Cross‑border real estate inflows surge to $7.24b in Q1

Portfolio deal and retail activity lift volumes to $7.24b, says Knight Frank.

Singapore maintains biomed strength with 60+ plants despite closures

Sector drew $4.4b in 2025 investments, supporting jobs and continued manufacturing expansion.