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.
SATS Thailand secures full ownership of SFST with final 15% stake buy
The remaining 15% stake was acquired for $3.4m.
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.
Fiscal surplus could exceed expectations at $5b: UOB
This would mean 0.7% of the GDP.
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.
Singapore leads SEA health tech and life sciences funding in 2024
Singapore raised a total of $92.4m in 2024.
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.
Commentary
SG60: What the next 10 years have in store for Singapore’s investment landscape