News
Lakeside Drive site draws six bids despite market caution: analysts
Lakeside Drive site draws six bids despite market caution: analysts
																					
							This is the highest land rate for an Outside Central Region site since November 2023.
						
					
					
				Daily Markets Briefing: STI up 0.08%; Top stock is UOL
																					
							UOL is the top stock with a 2.73% increase.
						
					
					
				Singapore businesses and consumers mixed on CX rate: survey
																					
							Whilst 90% of local businesses rate their customer engagement as 'good' or 'excellent,' only 57% of Singapore consumers agree.
						
					
					
				Strata industrial sales hit 5-year low in Q1
																					
							Sales volume dropped to 351 transactions in Q1, as businesses put expansion plans on hold.
						
					
					
				Golden Village sells Yishun 10 Cinema to Frasers subsidiary for $48m
																					
							Net proceeds will be used to repay bank loans and for general working capital.
						
					
					
				Alpina Holdings in private talks over possible share deal
																					
							Shareholders are advised to exercise caution when dealing in the shares.
						
					
					
				Sasseur REIT taps Cheng Hsing Yuen as new COO
																					
							His appointment took effect on 3 June.
						
					
					
				SATS, Kuehne+Nagel to enhance air cargo logistics supply chain
																					
							They have introduced an expedited delivery service for urgent aircraft parts in Singapore.
						
					
					
				Japfa to delist from SGX on 6 June
																					
							The company was originally scheduled to delist on 10 June.
						
					
					
				Stoneweg EREIT to trade European Stapled Trust on 16 June
																					
							Stoneweg European REIT units will cease to trade on the SGX-ST on Friday, 13 June 2025.
						
					
					
				ST Engineering bags 5-year MRO deal with Air Cairo
																					
							The contract will support the LEAP-1A engines for Air Cairo’s Airbus A320neo fleet.
						
					
					
				Tourism job interest jumps 130%: Indeed
																					
							Job opportunities in the sector also rose by 48.7%.
						
					
					
				Grand Venture Tech’s profit after tax up 27.7% YoY in Q1
																					
							The company’s revenue also rose by 44.8% YoY to $44.6m.
						
					
					
				Mapletree posts $637.4m profit in FY25
																					
							AUM also increased from $77.5b to $80.3b.
						
					
					
				Frencken to build new $63m manufacturing facility in Kaki Bukit
																					
							The site will be built on a plot of land leased from JTC Corporation to its subsidiary ETLA.
						
					
					
				PMI edges up to 49.7 in May
																					
							This marks the second contraction following 19 consecutive months of expansion.
						
					
					
				 
								 
								 
								 
								 
								 
								 
								 
								 
								 
								 
								 
								 
								 
								 
								 
								 
								 
								 
								 
						 
								 
								 
						 
						 
				 
								 
								 
								 
																					
											
																			 
																					
											
																			 
																					
											
																			 
																					
											
																			 
                 
                 
                 
                 
                 
                 
                 
                 
                
Commentary
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