News
MAS, NFRA reaffirm cooperation on supervisory priorities for banks
MAS, NFRA reaffirm cooperation on supervisory priorities for banks
They noted progress in staff exchanges and study visits on tech resilience, amongst others.
WadzPay secures $50m investment from GEM Global Yield
It will fund its acquisitions, partnerships, and organic initiatives.
SG to remain a top real estate investment prospect in Asia Pacific 2025
However, the city’s local cap rates are seen as too tight to attract significant buying interest.
DBS inks MOU to assists Japan SMEs’ Asian expansion
DBS will provide financing and professional services support.
TrustBank to launch investment solution in 2025
It has opened a waitlist.
CGH introduces integrated, multi-disciplinary service for lymphoedema
It focuses on early diagnosis, continual monitoring, and personalised care.
SingPost in ‘exclusive’ talks with third-party for Australia business sale
The company emphasised that there is still no certainty of a sale.
Keppel installs gas turbine at SG’s first hydrogen-compatible cogeneration plant
The facility is now 80% complete.
Addvalue starts arbitration against XEPIC Corporation for $2.8M
This is due to the damages for wrongful termination or repudiation of contracts.
Kimly’s net profit drops by 6.8% to $31.7m in FY 2024
It was due to a drop in other operating income.
Tender opens for Media Circle and Bayshore Road sites
The sites can yield 326,015 residential units.
Singapore Airlines to adjust conversion prices of 1.625% convertible bonds
It has outstanding convertible bonds with an aggregate principal amount of $849.75m.
Sembcorp bags 300-MW wind-solar hybrid project in India
Output will be sold to NTPC for 25 years.
Elite UK REIT to divest Hilden House in Warrington for $5.56m
The sale represents a 6% premium above its valuation of $5.2m as of 30 June.
SG leads AI infrastructure: Report
The city-state particularly led in AI venture capital investment.
MPA, Japan’s Mitsui O.S.K Lines ink MoU on maritime development
Under the MoU, the two will cooperate to decarbonise the industry.
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Commentary
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