News
CSE Global unit secures $20.1m hyperscaler project
CSE Global unit secures $20.1m hyperscaler project
The project is expected to be completed by 2028.
SG investors outpace Asia on climate action, lag in governance, climate solutions
They are ahead in recognising climate risks and opportunities (89%).
iFAST’s Q1 net profit surges 31.2% YoY
This was due to the growth in its banking and wealth management business.
Industrial production falls for second consecutive month
General manufacturing and transport engineering posted declines.
Yangzijiang Financial eyes separate listing for maritime unit
A new entity will be formed, focusing on maritime ventures.
GIC and SAMHI establish joint venture for upscale hotel assets in India
The investment will be used for capital expenditure.
Sinarmas Land privatisation offer ‘not fair’ but ‘reasonable’—IFA
They also recommend that shareholders accept the offer.
Cathay Cargo, WFS ink new cargo handling contracts for Portland and Dallas airports
It coincides with Cathay Pacific's upcoming launch of direct flights to Dallas.
Seatrium names new chief financial officer
Stephen Lu will concurrently serve as EVP for strategy.
Princeton Digital launches 96 MW data centre in Saitama, Japan
The facility provides carrier-neutral connectivity to central and eastern Tokyo, Inzai.
Manufacturing output grows 5.8% YoY in March
The transport engineering sector posted the biggest growth at 20.2%.
ST Engineering bags $4.4b new contracts in Q1 2025
The contracts were awarded across three of its business segments.
Hongkong Land to sell nine floors of One Exchange Square to HKEX
The total saleable floor area of 147,025 square feet has a purchase price of $6.3b.
Industrial properties top investment sales in January
Singapore is leading in the data centre industry in SEA.
Daily Markets Briefing: STI down 0.09%; Top stock is Hongkong Land USD
Hongkong Land USD is the top stock with a 9.95% increase.
SIA, OpenAI to enhance customer service with GenAI
New AI tools will be able to interpret text, audio, diagrams, and video.
Mooreast completes MBM upgrade project off Gulf of Thailand
It expects to recognise approximately $8.8m in revenue from the project in the first half of 2025.
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Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform