News
SIAS strongly disagrees with Sinarmas Land offer valuation
It is calling for the offeror to revise their bid.
Gov’t seeks to enhance regulation of take-overs and mergers
Key proposals include protecting the competitive process for potential offerors.
EDB and TTFA launch carbon fund with initial $20m commitment
The DAF seeks to address funding challenges that typically affect early-stage carbon projects.
Singapore boosts trade links with Chile and Peru via PASFTA
Key features include tariff elimination on the majority of goods, streamlined customs procedures, among others.
Daily Markets Briefing: STI up 0.12%; Top stock is DFIRG USD
DFIRG USD is the top stock with a 5.04% increase.
Singapore reports 11% of APAC bot attacks
Malicious bots now drive 45% of Singapore’s internet traffic.
Industrial sector holds firm with 1.1m sqm supply on the way: Colliers
The JTC All Industrial rental index rose for the 18th consecutive quarter, increasing 0.5% QoQ in Q1 2025.
Nomura lifts 2025 unemployment forecast to 2.4% on slowdown
The bank now expects unemployment to average 2.4% in 2025 (up from 2.0%) and 2.9% in 2026 (up from 2.2%).
Bots surpass humans in Singapore internet traffic in 2024: report
Bots were responsible for 50.4% of internet traffic in Singapore last year, whilst the global average stood at 51%.
F&B sector sees 2.8% decline in March with soft demand
Total F&B sales fell 2.8% compared to the same month last year, following a 5.7% decline in February.
Retail sales rise 1.1% YoY in March with broad segment gains
Excluding motor vehicles, retail sales were up 0.7% compared to the 6.5% contraction the previous month.
Investor appetite for gold remains strong in Q1
In contrast, jewellery consumption saw a 20% YoY decrease to 1.7t.
UOL, Hilton to open Asia Pacific’s first NoMad Hotel in Singapore
The hotel is expected to be operational in early 2027.
PMI slows in April to 49.6
The decline marks the first contraction after 19 months of expansion.
Climate Bridge International launches in Singapore with EDB grant
The company aims to accelerate the design and financing of carbon projects aligned with Article 6 of the Paris Agreement.
CICT divests CapitaSpring’s serviced residence
The company is divesting its 45% stake for $126m.
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