News
4–storey B1 industrial building along Ubi Road on sale via EOI
The EOI closes on 19 June.
Zurich appoints new heads for Property and Financial Lines in Singapore unit
Both have leadership experiences.
Asian Pay TV Trust’s profit after tax falls 47.1% YoY in Q1
Total revenue decreased by 6.5% YoY to $59.4m.
IREIT Global launches $85m green bond offering
Proceeds will fund the Berlin Campus repositioning into Project RE:O.
Prime US REIT NPI down 14.9% in Q1 2025
Revenue also dropped 9.4% to $43.74m.
BRC Asia net profit up 9% to $42.1m in H1 2025
Revenue for the period fell 6%.
Food Empire revenue up 16.3% in Q1
Southeast Asia overtakes Russia as top market.
Sale of luxury non-landed units soars 63.6% QoQ in Q1
72 luxury non-landed units were sold during the period, the highest in two years.
Nearly nine in 10 plan to maximise summer holidays this year
77% are willing to choose a lesser-known destination.
Freehold commercial building in CBD up for sale at $88.8m
The tender will close on 26 June at 3 p.m.
Singapore companies boost ESG assurance with audit firms: report
Globally, 73% of large companies across G20 nations obtained assurance on at least some sustainability disclosures in 2023.
GDP forecast at 2% with downside risk in 2025: RHB
The economic outlook has become “increasingly fluid” due to mounting external pressures, the report noted.
Daily Markets Briefing: STI up 0.36%; Top stock is YZJ Shipbldg SGD
YZJ Shipbldg SGD is the top stock with a 4.25% increase.
Singtel launches 5G network slicing for iPhone business apps
The feature supports apps that align with Apple’s traffic categories—such as Streaming and Communication.
MNCs in Singapore turn to AI for payroll transformation: survey
The report also revealed that 51% of Singapore-based multinationals are considering using AI to manage payroll with fewer staff.
Singapore ranks fifth in Asia for green market capitalisation
In terms of green revenues, Singapore holds the seventh position regionally.
Commentary
Liquidity crucial to stock market reform
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