News
Private rents rise 0.4% as demand rebounds in Q1
Private rents rise 0.4% as demand rebounds in Q1
Across the board, rents climbed in all market segments.
Mapletree acquires Joliet site to expand US logistics reach
The site is located near the I-80 and I-55 interchange and offers access to the Joliet Intermodal Center.
Singapore founders want family succession but lack planning: report
81% of Singapore’s entrepreneurs want to keep their businesses in the family.
Tech spending to rise 5.6% to $25.5b in 2025
This expansion is fuelled by the city-state’s rapid adoption of artificial intelligence across sectors.
LTA enables Amex contactless fare payments for public transport
Commuters can now use Amex for transport with no extra fees.
GXS Bank names Pei-Si Lai as group CEO
Incumbent CEO Muthukrishnan Ramaswami will become a senior advisor to the GXS Group.
GS Holdings acquires Octopus Distribution Networks for $11.8m
The acquisition was completed on 13 May.
UHREIT’s NPI drops 8.4% YoY in Q1
The decline was due to divestments made in August 2024 and January 2025.
Ascott ramps up upskilling to support global expansion
Ascott plans to open over 300 new properties by 2028.
Wellness top Singaporean travellers' priorities: report
This is followed by cultural activities and adventurous trips.
Sen Yue Holdings reverses loss in H1 2025
It was due to higher revenues.
MTQ’s profit sinks 59% YoY in FY25
It was due to lower revenue and other income recorded.
Digital Halo to join Partners Group in new acquisition deal
Partners Group plans to initially commit around $521m alongside ARCH Capital.
SGX adds Jefferies SG as new Issue Manager
It has more than 40 offices globally and offers services including investment banking.
Mermaid Maritime posts $7.7m profit loss in Q1
Revenue for the period rose 33% YoY.
4–storey B1 industrial building along Ubi Road on sale via EOI
The EOI closes on 19 June.
Zurich appoints new heads for Property and Financial Lines in Singapore unit
Both have leadership experiences.
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