News

SATS’ WFS expands with Menzies World Cargo acquisition in Netherlands

SATS’ WFS expands with Menzies World Cargo acquisition in Netherlands

The acquisition will expand WFS’ warehouse capacity to more than 50,000 sq m at Amsterdam’s Schiphol Airport.

CapitaLand Ascott Trust acquires Tokyo and Kanazawa hotels for $178.5m

The acquisition price represents an 8.3% discount on the independent valuation.

SG, UNDP sign MoU on people-centred urban tech innovation

It aims to harness the potential of people-centred urban technologies and innovation.

Service sector expects an increase in hiring activities in Q1

The sector also foresees higher revenue for the quarter.

CBD Grade A office vacancies reach six-year high: Savills

This surge is due to the completion of IOI Central Boulevard Towers.

No reason to believe DeepSeek obtained chips from Singapore: report

The company said its Singapore shipments were insignificant.

Tan Boon Liat building seeks $1.15b in collective sale

It is located atop Havelock MRT Station on the Thomson-East Coast Line.

CCCS grants conditional approval on SIA, Lufthansa joint venture

The applicants commit to maintaining seat capacity on an aggregated basis.

Aelios lowers Suntec REIT offer price after Q4 2024 distribution

The offer price will be reduced from  $1.19 to $1.1743 per unit.

Daily Markets Briefing: STI up 1.4%; Top stock is Genting Sing

Genting Sing is the top stock with a 3.46% increase.

KDCREIT to benefit from growth in inference AI and AI agents

KDCREIT has just acquired two data centres, which will contribute to its earnings in early 2025. 

How businesses can maximise the newly signed Johor-Singapore SEZ deal

Firms should leverage tax breaks, talent policies, and trade facilitation to unlock the agreement's full potential.

ComfortDelGro’s taxi competition to offset rail gains in Q4 2024

Its public transport segment is set to grow with fare hikes, contract renewals, and higher rail ridership.

Commercial property sentiment stalls in Q4 2024 amidst market imbalance

Student housing is expected to be the most financially viable sector in 2025.