News

CDL sells Bespoke Hotel Osaka Shinsaibashi as capital recycling advances

CDL sells Bespoke Hotel Osaka Shinsaibashi as capital recycling advances

The divestment follows CDL’s acquisition of the property in August 2023 for JPY 8.5b (around JPY 33.2m per key).

Daily Markets Briefing: STI down 0.24%; Genting Singapore is most active stock

Genting Singapore Limited is the top stock with a 1.37% increase.

CIMB SG and ESGpedia have helped 100+ SMEs set GHG reduction targets

The bank offers a fully digital experience to calculate GHGs.

JTC, NUS partner to develop next‑generation tropical data centre testbed

This will examine sustainable cooling systems and energy management practices.

UOB issues $1.277b notes due 2030 under global bond programme

This will be the 13th series under the global programme.

Sanli Environmental launches $10m share placement to boost capital

This will fund projects and strengthen balance sheet.

CDL Hospitality, Millennium & Copthorne Hotels enter lease deal for Auckland hotel

Under the 50-year lease deal, they will operate the 453-room Grand Millennium Auckland that is set to open end-2025.  

Keppel, JTC sign MoU to develop low-carbon energy systems

The agreement covers infrastructure projects on Jurong Island.

Cathay Pacific posts October traffic growth on strong holiday demand

Passenger and cargo volumes rose sharply during the month.

Wee Hur Holdings issues $30m notes due 2030

The notes are expected to mature in December 2025 and will be consolidated with the firm’s existing $175m.

Capitaland to shape retail strategy for Johor Bahru’s Coronation Square Mall

The partnership extends CLI’s ecosystem strengths to the flagship JS–SEZ development.

Ransomware attacks on Singapore organisations spike after major events

96% of organisations say their plans can detect vulnerabilities in identity systems.

AI Singapore launches Qwen SEA LION v4

Quantised 4-bit and 8-bit versions are also available. 

Daily Markets Briefing: STI up 0.62%; Top stock is JMH USD

JMH USD is the top stock with a 8.71% increase.

Orchard Road retail rents rise in 2025 as prime occupancy stays high

It noted a return to modest growth after several years of flat rents, driven by more than 98% prime occupancy in Tier-1 malls.

Core inflation rises to 1.2% in October

MAS core Inflation is projected to average around 0.5% in 2025.

Trust Singapore unveils Visa instalment option for credit card holders

The minimum eligible transaction is S$100 or as offered by an eligible merchant.