News
CDL acknowledges deviation from usual process in board changes
CDL acknowledges deviation from usual process in board changes
It was met with objections from several directors.
CDL group CEO Sherman Kwek forgoes $1.35m long-term incentive grant
He received a total compensation of $2.97m.
CDL posts $201.3m net profit in FY 2024
The decline was largely due to delayed construction.
Gov’t forms task force to address economic impact of US tariffs
It will be led by Deputy Prime Minister Gan Kim Yong.
ISEC unit partners for new Malaysian ophthalmology centre
The joint venture company will have an issued share capital of $30.
ESR Group breaks ground on $1.3b commercial site in Japan
The site has nine storeys and a gross floor area of 433,000 square metres.
SGX securities trading turnover up 25% YoY to $29.7b in March
SDAV also increased by 25% YoY to $1.5b.
ST Eng’g bags $1.4b contract for new MRT line project in Taiwan
ST Engineering will provide turnkey rail services for the new Taichung MRT Blue Line.
CapitaLand China Trust prices $109.43m notes due 2028
It will have a fixed interest rate of 2.88% per annum.
Appetite for premium space drives CBD office rents: CBRE
Grade A office rents rose by 0.8% in Q1 2025, reaching $12.05 per square foot per month.
Is Singapore still ASEAN’s top draw for global investors?
Eight APAC markets, including Singapore, made the top 25 list this year.
Singapore sees demand rise as data centre space shrinks
Neighbouring Johor is also attracting increased investment.
Daily Markets Briefing: STI down 2.18%; Top stock is DBS
It was followed by UOB and Singtel.
SBF backs task force to assess tariff impact on business
A bigger trade war could drag the economy, where the trade-to-GDP ratio exceeds 300%.
UOB injects $103m to double Vietnam capital since 2021
UOB is currently the only Singapore bank with a subsidiary in Vietnam.
Bedok ‘Health & Medical Care’ redevelopment site for sale at $63m
The site will be sold with a 60-year leasehold tenure.
COTD: How AI-ready are Singaporean sellers?
61% are still skeptical about the usefulness of AI.
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Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform