News
COSCO Shipping gets final approval to build Jurong Island Logistics Hub Phase 2
COSCO Shipping gets final approval to build Jurong Island Logistics Hub Phase 2
Construction work officially commenced on 25 June.
COTD: Singapore amongst the top stablecoin sending countries
Business-to-business payments represented the majority of the flows.
Singapore construction prices to rise up to 2% in 2025: report
Overall cost growth in the sector is likely to remain slower than in 2024 due to macroeconomic uncertainty.
Kyndryl launches ASEAN AI Lab in Singapore
The facility will serve as a regional hub for innovation, employing approximately 50 AI professionals.
Developers expected to bid up to $1,300 psf for GLS plots
Huttons noted that the upcoming land supply in more coveted areas may prompt some developers to sit out these tenders.
ACCA updates global qualification with AI and data focus
The new structure will include an integrated learning and assessment model supported by AI-enhanced tools
Organisations cite BEC, phishing as top threats for 2025
The report found that 72% of organisations experienced an increase in BEC attempts
Daily Markets Briefing: STI up 0.63%; Top stock is JMH USD
JMH USD is the top stock with a 2.34% increase.
3HA Capital raises CosmoSteel offer to final price of $0.25
This revised price represents a 25% increase.
COTD: Civil, institutional projects to drive construction growth in 2025
The Institutional & Others segment is set to hit $17b in 2025, up 45.3% YoY.
Wing Tai sells UK property-holding subsidiary for $74.8m
It is expected to generate a gain of approximately $5.1m.
Stoneweg European Business Trust invests $58m in IDC Fund
The fund is set to be Europe’s largest data centre operator.
OCBC says no intention to launch future offer for Great Eastern
The bank’s 6 June exit offer is final.
Lum Chang files for spin-off listing of interior business on SGX Catalist
Offer document lodged on June 23.
Spackman Entertainment completes 1-for-100 share consolidation
It aims to streamline the company’s share capital structure.
Singapore, China to launch joint ASEAN training programme
This aims to broaden efforts to build regional governance capacity.
National Healthcare Group rebrands as ‘NHG Health’
The new identity will be adopted across the group’s institutions.
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Commentary
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