News

Keppel DC REIT subsidiary acquires green loan facility

Keppel DC REIT subsidiary acquires green loan facility

Mandatory prepayment will be triggered if the company ceases to be a Keppel subsidiary.

Singapore SMEs face highest borrowing costs in 2024

Approvals for loans above $300,000 accounted for only 3% in 2024.

JTC launches two new sites under the 2025 IGLS Programme

The sites were launched with an additional three-year tenure.

IREIT Global’s occupancy up 88.7% in Q1

The company linked this to new leases within its Spanish portfolio.

FIH posts $3.8m net loss in FY2025

Gross profit dropped 22.4% YoY.

Grab posts $10m profit in Q1

This improved from a $115m loss in the same quarter in 2024.

Daily Markets Briefing: STI up 0.01%; Top stock is Sembcorp Ind

Sembcorp Ind is the top stock with a 2.64% increase.

Singapore ranks fifth globally for new luxury store openings

Shanghai, Beijing, and Tokyo claimed the top three spots, with Hong Kong placing ninth.

UNDP, Trigger to boost SDG startup investments in landmark deal

It seeks to improve the efficiency, transparency, and accessibility of capital flows to mission-driven ventures.

RHB expects Singapore inflation to stay muted through 2025

The report forecasts headline inflation at 1.6% and core inflation at 1.1% for the year.

Microsoft: 81% of workers lack time, energy for tasks

In return, companies are rapidly turning to AI agents.

Tripartism remains bedrock of SG’s progress: Manpower minister

From 2019 to 2024, real wages at the 20th percentile grew 5.8%, outpacing median wage growth.

Re-centering of Singapore dollar policy band possible later in 2025, says analyst

Weak inflation and growth could push MAS to shift the currency band lower later this year.

ESR, STACK form JV to build 72 MW data center in Kansai

Construction of the first 18 MW building has commenced.