News
Seatrium exits tugboats amidst $50m cost-cutting drive
Seatrium exits tugboats amidst $50m cost-cutting drive
This links multiple disposals across yards, vessels, and dock assets.
Seatrium avoids prosecution as High Court approves $140.3m settlement
The DPA is linked to Brazil’s Operation Car Wash corruption probe.
Daily Markets Briefing: STI down 0.43%; Top stock is Yangzijiang Shipbuilding
Yangzijiang Shipbuilding is the top stock with a 3.84% increase.
Shell Singapore leases 100,234 sq ft at Asia Square
The move is expected in H1 2027.
HDB resale prices dip 0.1% in Q1
It was the first decline since Q2 2019.
DBS brand value hits $23.6b; Changi tops strength index at 91.2
Singapore brands cross $106.8b as DBS keeps top spot with 14-year lead.
Income Insurance hands $2.4b real estate mandate to CapitaLand Investment
It will manage Income Insurance’s Singapore assets and pursue APAC investments.
FairPrice locks prices on 300 items as disruptions bite
More household essentials kept stable as the price freeze widens.
Logistics rents outpace broader industrial segments on strong Q1 momentum
Some moderation in rental growth could emerge from regional competition.
Office market showed mixed signals in Q1
Capital values edge higher even as leasing demand weakens across office segments.
IHH Healthcare outlines sustainability roadmap to 2030 in strategy shift
For patients, the group aims to meet international benchmarks in clinical quality.
Sheng Siong bets on $520m warehouse project, reaffirms 70% dividend payout
It outlines expansion and cash strategy whilst AGM highlights governance pressure.
Ascott revamps tech backbone to power agentic commerce shift
It will collaborate with Accenture, Amadeus and EHL Hospitality Business School.
Retail rents ease in Singapore’s core, down 0.6% after gains
Meanwhile, prices of retail rents rose 2.2% in Q1.
CapitaLand Trust delivers strong first quarter, income up 7.9%
The group’s retail portfolio also achieved a positive rent reversion of 4.4%.
Frasers Centrepoint Trust delivers 1.4% YoY growth in H1 DPU
Distribution to unitholders totalled $125m, up 13.6% YoY.
Inflation accelerates to 1.8% in March on transport, retail and services costs
Core inflation and CPI-All Items inflation are expected to average 1.5% to 2.5% in 2026.
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