News
IREIT Global’s occupancy up 88.7% in Q1
IREIT Global’s occupancy up 88.7% in Q1
The company linked this to new leases within its Spanish portfolio.
FIH posts $3.8m net loss in FY2025
Gross profit dropped 22.4% YoY.
Grab posts $10m profit in Q1
This improved from a $115m loss in the same quarter in 2024.
Tripartism remains bedrock of SG’s progress: Manpower minister
From 2019 to 2024, real wages at the 20th percentile grew 5.8%, outpacing median wage growth.
Microsoft: 81% of workers lack time, energy for tasks
In return, companies are rapidly turning to AI agents.
RHB expects Singapore inflation to stay muted through 2025
The report forecasts headline inflation at 1.6% and core inflation at 1.1% for the year.
UNDP, Trigger to boost SDG startup investments in landmark deal
It seeks to improve the efficiency, transparency, and accessibility of capital flows to mission-driven ventures.
Singapore ranks fifth globally for new luxury store openings
Shanghai, Beijing, and Tokyo claimed the top three spots, with Hong Kong placing ninth.
Owner property listings dip in Q1 with weaker office and industrial supply
Retail listings remained stable.
Daily Markets Briefing: STI up 0.01%; Top stock is Sembcorp Ind
Sembcorp Ind is the top stock with a 2.64% increase.
First Sponsor Group posts $2.7b hotel income with European portfolio
Revenue dropped 3.2% YoY.
Re-centering of Singapore dollar policy band possible later in 2025, says analyst
Weak inflation and growth could push MAS to shift the currency band lower later this year.
ESR, STACK form JV to build 72 MW data center in Kansai
Construction of the first 18 MW building has commenced.
WFS and partners unveil $352m cargo terminal at JFK airport
This is JFK’s first new cargo terminal in three decades.
IHH Healthcare and UOB ink $300m sustainability-linked loan
This financing is the bank’s first in the health sector.
Amara receives $0.895 per share buyout offer
The offer represents a 27.0% premium over Amara’s last traded price.
Manulife SG unveils indexed universal life solution for wealth preservation
It promises 0% return floor for downside protection.
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Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform