News
Private rents rise 0.4% as demand rebounds in Q1
Private rents rise 0.4% as demand rebounds in Q1
Across the board, rents climbed in all market segments.
HDB rental volume jumps 12.3% as activity rebounds in Q1
The number of approved applications to rent out HDB flats jumped by 12.3% to 9,662 units in Q1 2025.
Daily Markets Briefing: STI down 0.32%; Top stock is ST Engineering
ST Engineering is the top stock with a 1.41% increase.
LTA enables Amex contactless fare payments for public transport
Commuters can now use Amex for transport with no extra fees.
GXS Bank names Pei-Si Lai as group CEO
Incumbent CEO Muthukrishnan Ramaswami will become a senior advisor to the GXS Group.
GS Holdings acquires Octopus Distribution Networks for $11.8m
The acquisition was completed on 13 May.
UHREIT’s NPI drops 8.4% YoY in Q1
The decline was due to divestments made in August 2024 and January 2025.
Ascott ramps up upskilling to support global expansion
Ascott plans to open over 300 new properties by 2028.
Wellness top Singaporean travellers' priorities: report
This is followed by cultural activities and adventurous trips.
Sen Yue Holdings reverses loss in H1 2025
It was due to higher revenues.
MTQ’s profit sinks 59% YoY in FY25
It was due to lower revenue and other income recorded.
Digital Halo to join Partners Group in new acquisition deal
Partners Group plans to initially commit around $521m alongside ARCH Capital.
SGX adds Jefferies SG as new Issue Manager
It has more than 40 offices globally and offers services including investment banking.
Mermaid Maritime posts $7.7m profit loss in Q1
Revenue for the period rose 33% YoY.
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.
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Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform