News
Singapore’s manufacturing output grows by 8.5% in November 2024
Singapore’s manufacturing output grows by 8.5% in November 2024
In electronics, output increased 26.2% YoY.
Koh Brothers unit secures $313.9m contract for new bus depot
The construction is expected to be completed by 2029.
OCBC Bank sells 33% stake in Hong Kong Life
The agreed sale price is HK$589.3m ($103m)
Singapore records $43m IPO proceeds in 2024
Deals in Asia Pacific declined by 35%, whilst proceeds dropped by 51% YoY.
PacificLight to build 600 MW hydrogen-ready CCGT plant in Singapore
Operation will commence in January 2029.
Talent shortage emerges as top concern for employers in 2025: report
Employers also cite salary matching and market competition as main concerns.
Daily Markets Briefing: STI down 0.92%; Top stock is Mapletree PanAsia Com Tr
Mapletree PanAsia Com Tr is the top stock with a 0.84% increase.
It’s the most wonderful time of the year!
We’re taking the time off and will be back on 6 January 2025.
CDL Hospitality Trusts units acquire Liverpool PBSA asset for $63.9m
The acquisition will be funded through debt financing.
CapitaLand Investment sells 4.88% stake in CLAS for $162m
The transaction decreased its stake in CLAS to 24.04%.
OUE Healthcare subsidiary secures majority stake in Rehab Matters
This enables O2 Healthcare to integrate physiotherapy care into its lung health services.
Wesfarmers to sell Coregas to Nippon Sanso for $653m
The sale is expected to be completed by mid-2025.
NRIC numbers alone cannot initiate payments, fund transfers: ABS
ABS advised customers to change their login passwords if they are using their NRIC number.
NRIC numbers invalid for key insurance transactions
Reviews regarding the use of NRIC may result in changes to existing processes.
Cromwell EREIT divests two office assets in Italy for $29.6m
The selling price is 7.7% above the latest valuations.
Elite UK REIT sells Chippenham property for $2.25m
Net proceeds will be used to repay debt.
IREIT leases 12% of Berlin Campus to Stayery for 255 guest rooms
This marks its second major lease contract at the property within a month.
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Commentary
SG60: What the next 10 years have in store for Singapore’s investment landscape