News

Keppel DC REIT DPU climbs 13.2% YoY in H2 2024

This was driven by the acquisition of Tokyo Data Centre 1.

MAS eases monetary policy as core inflation forecasts drops to 1% to 2%

CPI-All Items inflation will average 1.5% to 2.5% in 2025.

Starhill Global REIT DPU up by 1.1% in H1 2024

It was due to higher contributions from Singapore and Perth Properties.

SCA and PSD2 compliance hurts Singapore business conversion rates: report

67% of affected businesses reported a decline in conversion rates by 11-20%.

ST Engineering secures five-year MRO contract with Korean Air

ST Engineering will provide quick-turn maintenance from its MRO facility in Singapore.

Most finance leaders worry about nonfinancial data integrity: EY

43% of Singapore finance leaders citing inconsistencies and 30% reporting difficulties related to data formats.

MAS extends Global-Asia bond grant scheme through 2029

Significant changes have been introduced to the scheme, including a per-issuance cap for eligible expenses.

Singapore office market growth to slow amidst occupier caution, rising supply

The influx of new developments may lead to a more competitive leasing environment and potential pressure on rental growth.

Sembcorp, DBS seen exceeding Q4 forecasts: report

Downside risks are anticipated for companies such as Wilmar International, and Singapore Exchange.

Daily Markets Briefing: STI up 0.63%; Top stock is SGX

SGX is the top stock with a 3.66% increase.

Singapore leads growth of APAC’s commercial real estate transaction volume

The country has a key position in APAC’s real estate market.

Singapore CPI records 2.4% increase in 2024

Expenses in healthcare and food went up significantly.

Industrial rents up 3.5% in 2024

This was a sharp decline from the previous year according to JTC.

China to lead inbound bookings to Singapore this Lunar New Year

The primary departure cities in China remain Shanghai, Beijing, and Guangzhou.

Sembcorp plugs in 18MWp solar farm at PSA’s Keppel Terminal

It is the first short-term mobile solar project at the terminal.