News
ST Engineering bags $4.4b new contracts in Q1 2025
ST Engineering bags $4.4b new contracts in Q1 2025
The contracts were awarded across three of its business segments.
Hongkong Land to sell nine floors of One Exchange Square to HKEX
The total saleable floor area of 147,025 square feet has a purchase price of $6.3b.
Reverse flips rise as Indian startups tap Singapore’s Scheme: report
Singapore’s flexible corporate restructuring framework is allowing companies to reorganise operations efficiently.
Global tensions cloud outlook for housing market: analysts
Private home prices rose by 0.8% in Q1, slowing from the 2.3% gain seen in the previous quarter.
Mooreast completes MBM upgrade project off Gulf of Thailand
It expects to recognise approximately $8.8m in revenue from the project in the first half of 2025.
SIA, OpenAI to enhance customer service with GenAI
New AI tools will be able to interpret text, audio, diagrams, and video.
Daily Markets Briefing: STI down 0.09%; Top stock is Hongkong Land USD
Hongkong Land USD is the top stock with a 9.95% increase.
Industrial properties top investment sales in January
Singapore is leading in the data centre industry in SEA.
Urgent safety concerns drive AI adoption in Singapore and APAC warehouses
79% of warehouse associates say safety is a top concern.
Changi Airport logs 17.2 million passengers in Q1
This represents a 4.3% rise.
Revolut Singapore hits first year of net profitability in 2024
Annual revenue rose 70% YoY and profit margin is 15%, it said.
MPACT’s NPI drops 6.1% YoY in FY24/25
DPU fell 10.0% to $0.0802.
Industrial firms’ caution persists but occupier demand holds firm: CBRE
Most tenants in the sector are still opting to renew their leases.
Indonesia turmoil squeezes Singapore retail margins
Currency volatility, inflation, and political risk are hitting Singaporean consumer-facing businesses the hardest.
Can the industrial real estate sector weather the tariff storm?
A slowdown in global trade could put downward pressure on rents.
Residential prices, supply eased in Q1: URA
Vacancy rates remained stable across all regions.
CICT’s NPI dips by 0.8% in Q1
Blame it on the absence of income from 21 Collyer Quay.
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