News
Elite UK REIT to divest Hilden House in Warrington for $5.56m
Elite UK REIT to divest Hilden House in Warrington for $5.56m
The sale represents a 6% premium above its valuation of $5.2m as of 30 June.
SG leads AI infrastructure: Report
The city-state particularly led in AI venture capital investment.
MPA, Japan’s Mitsui O.S.K Lines ink MoU on maritime development
Under the MoU, the two will cooperate to decarbonise the industry.
GuocoLand wins Faber Walk bid at $349.9m
The area can yield about 400 residential units and has a tenure of 99 years.
New phishing framework redefines accountability for banks and telcos
The framework outlines responsibilities but adds cost burdens.
Singapore remains confident in China’s future, seeks deeper collaboration amid challenges: SM Lee
The joint projects between the two countries will boost development and innovation
Singapore mobile gaming marketers allocate just 20% of budgets to APAC
This mirrors a global trend, with 71% of gaming ad spent in just few countries.
HDB rental demand recovers in H2 2024, to weaken in 2025: report
In 2025, supply is expected to decrease, and rental growth is projected to slow.
Bayshore Road and Media Circle GLS sites likely to attract 3-5 bids: experts
Top bids could hit $570m for Bayshore and $494m for Media Circle sites.
Daily Markets Briefing: STI down 0.58%; Top stock is ThaiBev
ThaiBev is the top stock with a 1.89% increase.
CCCS seeks feedback on Advanced Micro Devices' acquisition of ZT Group International
Feedback submission will close on 10 December.
JTC launches 2 new sites under IGLS programme
The sites are slated for 2H 2024 IGLS.
MAS issues 14-year prohibition orders against Loh Sheng Yang
Yang was convicted of cheating, forgery, and acquiring criminal benefits.
US Fed rate cuts boosts consumer confidence in resale condos
The holiday season however will cool down resale volume.
Barclays to establish private bank booking centre in Singapore
The bank will provide quasi-institutional investment solutions.
Mixed cluster performance slows manufacturing growth to 1.2% YoY in October
In September, manufacturing output rose by 9.8 YoY.
NUS and PSA International supply chain research lab
PSA will set aside $10m to fund the initiative
Commentary
SG60: What the next 10 years have in store for Singapore’s investment landscape