News
Granite Asia secures $250m in backing for Libra credit fund
Granite Asia secures $250m in backing for Libra credit fund
The commitments were made ahead of the fund’s official launch and include backing from Asian sovereign wealth funds.
Singapore retailers turn to AI amid falling store sales: survey
69% of Singapore retailers believe AI agents will be essential to outpacing competitors within the next year.
ESR Group launches Sunview Hub with Japanese consortium
The facility will span approximately 143,000 square metres and is expected to be one of Singapore’s largest logistics sites.
Job seekers report difficulty with 8% drop in postings: report
Over half of Gen Z globally (55%) say job hunting has become more difficult in the past year.
Daily Markets Briefing: STI down 0.44%; Top stock is Venture
Venture is the top stock with a 0.91% increase.
3-storey industrial property at Bukit Batok Street for sale
The sale is at $18m via private treaty.
Singapore top destination for Chinese travellers
Chinese tourists are increasingly seeking more personalised, local experiences.
Metro Holdings’ Asia Green holds 95% occupancy after major tenant change
New tenants include Food Empire Holdings.
Great Eastern see earnings rise 13% YoY in Q1 2025
But total weighted new sales contracted by 34% YoY.
DBS’ net profit fell 2% to S$2.9b in Q1 2025 on higher tax expenses.
Interim dividend is 60 cents per ordinary share.
MAS to establish office for Financing Asia’s Transition Partnership
The office will deploy up to $$647m in concessional capital.
Amara Holdings taps W Capital Markets to advise on DRC’s proposed buyout
DRC offered $0.895 per share for all of Amara Holdings’ issued ordinary shares.
Thakral Corporation net profit down 4.9% YoY in Q125
Foreign exchange loss and income taxes drove the decline.
Singapore centralises power sector’s natural gas procurement and supply
Alan Heng was named CEO of the new entity.
Nuevocor bags $58m in Series B round
It will use the funds for cardiomyopathy therapy development.
Ban Leong taps Asian Corporate Advisors as IFA for Epicsoft’s acquisition bid
Epicsoft Asia offered $0.6029 per share to buy out Ban Leong.
Beng Kuang Marine’s revenue down nearly 17% in Q1
Blame it on delays in project execution.
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