News
Sembcorp confirms ongoing talks on potential Alinta Energy purchase
Sembcorp confirms ongoing talks on potential Alinta Energy purchase
Discussions between relevant parties regarding the acquisition are currently in progress.
Endowus rolls out two investment portfolios in HK, SG
Income Enhanced Conservative and Income Enhanced Aggressiveness are now available.
Proposed Singapore Paincare buyout ends after scheme conditions lapse
Financing confirmation were withdrawn after the expiry of UOB facilities.
SG consumers least likely to raise year-end spending in SEA
Amongst spenders in Singapore, 48% plan to spend on travel and only 7% on shopping.
SLA awards 2 Moulmein Road redevelopment project to Country City
The developer plans to add restaurants and cafés, sports and wellness facilities, and pet-friendly areas to the state property.
SingPost raises domestic-mail rates
Domestic-mail tariffs will increase by 10 cents, starting 1 January.
Mandarin Oriental shareholders OK Jardine Matheson deal
Jardine Matheson will acquire 11.96% of Mandarin's total issued shares.
OCBC takes equity stake in Esteel’s $1.9b hot briquetted iron plant plan
The US$1.5b development will have the capacity to produce about 2.5 million tonnes of hot briquetted iron a year.
STI ends higher as banks lift weekly performance
In sector performance, the FTSE ST Industrials Index has delivered a 36% total return from January to November.
Centurion Accommodation REIT gains FEDA licence for new Toh Guan block
Centurion said it will submit a new FEDA licence application to cover the expanded capacity.
Payment Options secures in-principle approval for MPI licence in Singapore
It aims to offer payment capabilities to SMEs.
HDI Global names Peter Schraa as head of marine in Singapore
Schraa is tasked with further developing the insurer’s marine portfolio in the city.
GIC, Brookfield enter $3.442b deal to acquire National Storage REIT
The buyout was considered the largest take-private deal of an Australian real estate firm.
Citigroup says UltraGreen.ai share purchases have stabilised
The 5 million shares were priced from $1.85 to $1.88.
Retail sales rise 4.5% to $4.4b in October
This is thanks to growth in F&B, recreational goods, and watches and jewellery.
Businesses adopt AI but lack clear risk ownership: report
About 25% reported that not a single person or function manages AI risk in their organisation.
Singapore leads Asia Pacific in flexible office desk premiums: report
Flexible office space in city-state averages $1,035 per month.
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