News

2 new DWBs offer ‘incremental income’ to SGX-listed Credit Bureau

Digital wholesale banking businesses raise the count of bureau members to 36.

Lian Beng subsidiary acquires Food Empire Building for $49.25m

Cushman & Wakefield brokered the private treaty sale.

Frasers Property wants Frasers Hospitality Trust to be privatised

The proposed privatisation via trust scheme has an offer of 70 cents.

Declining SDAV levels to impact SGX revenue: UOB Kay Hian

The analyst sees a 15% to 20% drop in securities daily turnover value levels.

Chart of the day: Singaporeans to spend more on travel in the next 12 months

Most Singaporeans want to fly abroad more than just go somewhere local.

Market update: STI down at 0.91%

Hongkong Land and Jardine Cycle & Carriage were the only gainers at the index.

Gov't establishes framework to push for high quality green bonds

A committee will oversee the Singapore Green Bond Framework.

MapleTree Industrial trust divests Michigan data centre for $13.8m

It was sold to a non-interested third-party purchaser.

Top Glove Corporation's net profit plunges by 99% to $9.14m in Q3 2022

In the same period last year, its profit was $816.54m (RM2.06b).

S-REITs to provide higher income, resilience amidst global disruption: HSBC

Singapore’s economy will stand out from a growth trajectory perspective.

Changi Airport cuts down losses to $838m in FY21/22

Losses were cut on the back of a 33% increase in the group's revenue.

Private residential supply up by 12.5% to resolve unsold inventory

The residential supply under the government programme was up to 3,505 units.

Market update: STI down at 0.5%

DFI Retail Group got the top index spot.