News

CapitaLand India Trust’s DPU rises 6% YoY in 2024

Recent acquisitions and higher rental income drove this increase.

Singapore's industrial production set to grow 3% in 2025: analyst

The city’s 4Q24 and full-year 2024 GDP growth will also likely be revised upward, RHB noted.

Elev8.vc invests $30m in deep tech startups with global ambition

The fund will focus on supporting startups in key sectors such as artificial intelligence and med tech.

Daily Markets Briefing: STI down 0.2%; Top stock is ST Engineering

ST Engineering is the top stock with a 1.46% increase.

AvePoint applies for dual listing in Singapore

The company is already trading on the Nasdaq.

SLB receives privatisation offer from Lian Beng

Lian Beng is offering $0.23 in cash per scheme share to shareholders.

Bank of Singapore boosts Middle East, GCC operations with six appointments

Yasmine Omari will become the head of Wealth Planning for the Dubai Hub.

Singapore sees slower employment, lower retrenchments in 2024

Resident employment in higher-skilled sectors also grew in the last quarter.

Condo resale prices up 4% in December

A $19.75m unit in CCR was the most expensive condo resold in December.

Investment sales volume grows by 13.3% YoY in Q4 2024

During Q4 2024, investment volume was around $7b, according to Colliers.

Tianjin Pharma sees 2024 net profit growth

This was linked to the sale of its 13% equity interest in TSKF to Haleon China Co.

Keppel’s Bifrost Cable System gets US green light

The 20,000 km subsea cable will be the first system to connect the city-state to the west.

Lion Asiapac Limited expects loss due to lower orders

The loss was attributed to lower orders from the trading business.

Thomson Medical Group expects loss for H1

This is primarily due to weaker performance in the Malaysia market.