News
BRC Asia acquires 55% stake in Southern Steel unit for $18.2m
BRC Asia acquires 55% stake in Southern Steel unit for $18.2m
BRC Asia buys 12.88 million ordinary shares in Southern Steel Mesh.
CBD Grade A office vacancies decline in Q1
Average monthly rents of overall CBD Grade A offices in Savills' basket rose by 0.4% QoQ.
Azalea secures $344m for Altrium PE Fund III
With this milestone, Altrium's total assets under management have topped $3b (US$2.3b).
Keppel REIT’s net property income up 13.3% in Q1
Thanks to better property performance in the CBD.
Paragon REIT unitholders approves privitisation
The REIT is expected to delist on 6 June 2025.
Guocoland signs $51.4m JV with Hong Leong
The agreement is for the development of a land parcel at Tengah Garden Avenue.
Maybank, PUJB to aid SMEs in Johor-SG special eco zone
The partnership follows rising demand for Halal-certified services and products.
Daily Markets Briefing: STI up 0.99%; Top stock is Seatrium Ltd
Seatrium Ltd is the top stock with a 4.26% increase.
Nearly half of travellers aware of tourism’s impact on local communities
68% want their travel spending to benefit local communities.
Carousell says its users avoided 153,000 tonnes of carbon emissions in 2023
Carousell Group linked this to users choosing pre-owned over new items.
Singapore sees 16% YoY rise in Q1 investments: JLL
Singapore recorded $2.8b (US$2.2b) in investments for the period.
CGS cuts 2025 GDP forecast to 1.6% amidst tariff risks
The firm emphasised that Singapore’s ability to offer new concessions is limited, given its already liberalised trade framework.
RHB downgrades Singapore banks to Neutral on weaker outlook
Banks are expected to feel pressure across several fronts, including lending, interest income, and non-interest revenue.
Singapore sees 16% YoY rise in Q1 investments: JLL
Singapore recorded $2.8b (US$2.2b) in investments for the period.
Consumer inflation expectations rise even as official indicators remain steady
CPIex rose 5% in March, up from 4.4% in December last year.
Singapore strengthens regional trade with ASEAN-Australia-NZ pact
The agreement creates a free trade area for more than 703 million people.
Johor-Singapore SEZ shows value of cooperation: Gan
The Deputy Prime Minister recently spoke at the JS-SEZ Joint Business and Investment Forum.
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