News
Singapore leads in AI readiness but faces talent gap
Singapore leads in AI readiness but faces talent gap
Coursera’s index ranks Singapore first in AI maturity.
SG, Malaysia forge two new power deals
The proposed projects could support 3 GWs of power.
Jardine Matheson acquires more stake in Mandarin Oriental
The deal could result in the privatisation and delisting of the hotel group from the SGX.
MinLaw opens public consultation on legal practice regulations
MinLaw is evaluating whether the current framework remains fit for purpose.
Prime home sales rebound 25.5 times in Q3
In terms of pricing, luxury prime resale values remained stable.
Retail sales up in Q3 with boost from SG60 voucher payout
High operating costs and a softer economic and hiring environment could, however, drive further store closures.
SG grants conditional approval for 1GW hydropower import from Sarawak
The project targets commercial operations by around 2035.
Daily Markets Briefing: STI down 0.63%; Top stock is CapitaLand Integrated Commercial Trust
CapitaLand Integrated Commercial Trust is the top stock with a 0.85% increase.
New Keppel REIT units commence trading on SGX
It has successfully raised $113m through a private placement.
Condo rental prices up 3% in September
An estimated 6,446 units were rented during the month.
MAS launches BLOOM for tokenised liabilities settlement
The program could also ease settlement assets, compliance checks, and agentic payments.
SG, Shanghai deepen bilateral trade
OCBC Bank signed an MoU with Shanghai fintech firm, XTransfer.
Ascott to open over 1,000 units in Austria, Spain amidst European expansion
Ascott's European portfolio now includes 64 properties with nearly 8,500 units across 26 cities in 10 countries.
ASEAN Energy ministers endorse new frameworks for energy cooperation
The regional meeting deepened cross-border cooperation.
UOL-led consortium wins bid for Dorset Road
The tender sale price amounts to $14,405.06 per square metres.
On-time corporate tax filing for 2024 reaches record 90.4%, IRAS says
IRAS prosecuted 4,500 firms ahead of the 30 November filing deadline.
NODX grows 6.9% YoY in September
Total trade rose by 14.9% YoY during the month.
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Commentary
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