News
Soon Hock buys Ching Shine site for $113.2m
Soon Hock buys Ching Shine site for $113.2m
The site comprises 52 strata units on a 49,308 sq. ft. land area.
ASEAN’s clean electricity growth struggling to keep pace with rising demand
The region has a large untapped solar potential, exceeding 30,000 gigawatts.
F&B sales fall 5.6% in February
It was due to the difference in the timing of the Chinese New Year.
Singapore faces tariff spillover risk despite lighter US duties
It has the highest direct exposure to US demand amongst all Asian economies studied.
Singapore leads in VC and M&A deals Q1 despite global slump
Digital Edge DC raised a staggering $640m in a Series A round.
Warburg Pincus expands Japan presence with two April acquisitions
The firm announced that its joint venture with Eastgate Group had acquired the Shinagawa Seaside West Tower.
Oiltek secures SGX approval to shift listing to Mainboard
The board also cautioned that there is no certainty the transfer or new constitution will be finalised.
STEM gender gap may limit innovation and growth: report
Only 30% of women surveyed believe equal career opportunities exist in STEM, compared to 41% of men.
The Wild Ventures launched with $1m backing from global founders
The funding round included participation from high-profile names such as Alex Bouaziz (Deel).
Singapore amongst Asian economies most exposed to US tariffs: report
Singapore’s ability to negotiate tariff reductions remains unspecified.
Real estate developers adopt REDAS’ data-sharing platform
The platform helps developers consolidate time, cost, quality, and safety indicators.
King Wan Corporation bags $40.4m new contracts in Q1 2025
The projects are set to be completed in 2028.
Digital Core REIT issues $91m fixed rate notes due 2030
Proceeds will be used to fund an equity investment in Osaka 3 GK.
One Raffles Quay secures $1.13b sustainability-linked loan led by DBS
It is further supported by ICBC, BOC, and OCBC.
Retail sales fall 3.6% in February
The decline was partly due to the Chinese New Year.
Singapore GDP forecast lowered on tariff impact; MAS easing likely
There is a 90% chance MAS will enact a 1% slope reduction to zero, Nomura said.
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