News

Which Singapore asset owners are in the top 100?

The world’s 100 largest asset owners hold a total of US$26.3t.

CDL posts mixed Q3 results with strong residential and office gains

Its total residential sales in Q3 soared 88% to $611.1m.

Singapore banks a ‘safe haven’ from US market volatility

UOB, OCBC, and DBS have low earnings downside risk and offer attractive dividends.

Gov’t launches PWD support in Tech4Good initiative

The programme will facilitate inclusive employment in the technology sector.

Paragon REIT divests 85% stake in Australian Mall for $168.3m

The divestment reflects a 5% premium over the independent valuation of $160.3m.

Condo resale prices dip 0.5% in October

However, resale volume increased by 8.1%.

Singapore Flyer operator Straco’s Q3 earnings plunges 28.6% YoY

The decline was mainly due to exchange losses from the weakening Renminbi.

MAS updates rules on life insurance product launches

The changes aim to ensure adequate regulatory oversight.

Uni-Asia posts positive cash inflow of $4.5m in 9M 2024

The group’s net operating cash inflows were $22.6m (US$16.8m).

Seatrium and Cochin Shipyard ink MoU for jack-up rigs solutions in India

The collaboration aims to capitalise on Mobile Offshore Drilling Units (MODUs).

CLI to expand global footprint with new growth focus

The company aims to double its FUM and operation earnings.

Union Steel acquires 680M Eneco Energy shares for $7.48m

The company will explore potential cross-selling and cost mutualisation opportunities.

CGS SG inks deal to boost financial literacy amongst PWIDs, caregivers

A pilot trial has already begun with 15 MINDS participants. 

Singapore’s life insurance slated for $43b premiums in 2029

Due to the ageing population, health awareness, and consumer spending.

Industrial leasing activity rises 2.1% YoY in Q3

There were 3,205 tenancies recorded during the period.