News
Two freehold commercial properties at Balestier and River Valley Road on sale via EOI
The EOI will close on 2 June at 12 pm.
MAS to maintain policy settings—analysts
Both banks cite weak global demand and subdued prices as reasons for the expected pause.
SG firms struggle with high AI implementation, maintenance cost
Over half (54%) said their firm is currently scaling or fully implementing AI.
Duty Free’s net profit soars to $16m in FY 2024
Basic earnings per share stood at $1.33 (RM4.47).
Mapletree Industrial Trust divests US data centre asset for $15.5m
The proposed divestment is expected to be completed in Q2 2025.
Keppel units ink agreement to develop 19 plots in Tianjin, China
Under the deal, Keppel Hong Da will partially divest in Tianjin Fulong.
Digital Core REIT DPU grows 9.9% in Q1
Net property income also jumped by 41.8%.
Mapletree Logistics Trust’s FY2024 DPU down 10.6% YoY
Net property income dropped 1.5% YoY.
CapitaLand China Trust net property income falls 6.6% in Q1
Despite this, the group’s retail sector maintained high occupancy of 97.7%
Singapore ranks fourth in 2025 global crypto hub index
The city-state placed fourth globally, following Ljubljana, Hong Kong, and Zurich.
Singlife launches shared accident coverage for families
The insurer said this is the first personal accident insurance plan in the market.
Daily Markets Briefing: STI up 1%; Top stock is Mapletree Log Tr
Mapletree Log Tr is the top stock with a 3.42% increase.
IPOs flatline in Q1 amidst global investor caution: report
Singapore’s primary market remained dormant this quarter, despite its reputation as a financial hub.
GenAI course enrollments surge 240% in 2024
Only 32% of GenAI learners in Singapore are women, despite women making up 45% of all Coursera users nationwide.
SC Ventures completes two AI projects with A*STAR IHPC
The projects were carried out under an MoU with the A*STAR Institute of High Performance Computing.
Roughly four in ten firms report trust loss amidst breaches
Over 91% of Singapore IT and security leaders reported at least one cyberattack in the past year.
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Commentary
SG60: What the next 10 years have in store for Singapore’s investment landscape