News
CSE Global unit acquires Chicago Communications for $11.1m
CSE Global unit acquires Chicago Communications for $11.1m
It will expand the group’s communication businesses in the infrastructure industry.
Manufacturing outlook dims amidst trade strains
The chemicals cluster is the most pessimistic.
Sasseur Asset Management’s CEO Cecilia Tan to step down.
Her last day as CEO will be on 28 October.
CDL Hospitality Trusts’ NPI down 14.2% YoY
NPI for the period was $30.0m.
GRP Limited appoints new contractor for housing project in Malaysia
The total contract sum is approximately $28.1m (RM92.83m).
CapitaLand Investment’s Q1 revenue drops 24% YoY
CLI reported a total revenue of $496m.
Mapletree Industrial Trust posts 2% YoY rise in NPI
With a higher NPI, MIT's DPU rose by 1% YoY.
Ban Leong receives buyout offer from Epicsoft Asia at $0.6029 per share
Epicsoft Asia has no plans to raise the offer price yet.
Temasek’s Seviora to appoint Gabriel Lim as CEO in September
Lim joined the group on 1 May 2025 as CEO-designate.
Sheng Siong’s net profit rises 6.1% YoY to $38.5m in Q125
Revenue rose in tandem.
Singapore loses ground as office cost growth lags rivals: Savills
Net effective occupancy costs in Singapore — which include rent and fit-out expenses — rose by 1% in Q1 2025.
Four in ten Singapore firms plan to raise fraud prevention investment
Businesses are also targeting identity verification (54%) and content moderation (38%) as areas for increased spending.
Singapore holds steady cap rates across commercial assets: report
Office properties recorded cap rates between 3.00% and 3.50%, among the lowest in the region.
Services sector expects slower business conditions from April to September
Only 8% of firms are optimistic.
Daily Markets Briefing: STI up 0.72%; Top stock is HongkongLand USD
HongkongLand USD is the top stock with a 4.04% increase.
Singapore ranks 19th in global luxury retail rents in 2024
The city-state also ranked fifth in new store openings.
Stoneweg EREIT secures unitholders’ approval for proposed stapling
The proposal will combine Stoneweg EREIT and Stoneweg European Business Trust.
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