News
New acquisitions to boost CDL Hospitality Trust amidst stable Singapore hotel income
New acquisitions to boost CDL Hospitality Trust amidst stable Singapore hotel income
Singapore hotels are facing an oversupply of rooms.
CAAS lifts registration cap on unmanned aircraft over 250g
The regulator will also expedite the airspace clearance process.
Keppel Infrastructure Trust's distributable income falls in 2024
Its distribution and storage segment saw a 35.6% decrease.
CLI to develop first data centre in Japan with $944m investment
The data centre project will have a power capacity of 50MWs.
SIA, Aether ink deal for sustainable aviation fuel supply
SIA intends to procure neat Sustainable Aviation Fuel for five years when Aether begins commercial production.
Keppel DC REIT issues 40 million sponsor subscription units at $2.09 each
The issuance is part of its equity fundraising initiative.
SingPost CEO resigns
The group COO will assume more responsibility for the group.
H1 2025 sees strong business confidence in most sectors: report
Meanwhile, the F&B and the transportation and storage sectors are less optimistic.
Daily Markets Briefing: STI down 0.7%; Top stock is Wilmar Intl
Wilmar Intl is the top stock with a 1.28% increase.
Singapore auction listings rise, but sales lag in Q4 2024
Auction sale listings surged by 47.7% QoQ to 127 in Q4 2024.
SATS’ WFS expands with Menzies World Cargo acquisition in Netherlands
The acquisition will expand WFS’ warehouse capacity to more than 50,000 sq m at Amsterdam’s Schiphol Airport.
SATS Thailand secures full ownership of SFST with final 15% stake buy
The remaining 15% stake was acquired for $3.4m.
CapitaLand Ascott Trust acquires Tokyo and Kanazawa hotels for $178.5m
The acquisition price represents an 8.3% discount on the independent valuation.
SG, UNDP sign MoU on people-centred urban tech innovation
It aims to harness the potential of people-centred urban technologies and innovation.
Service sector expects an increase in hiring activities in Q1
The sector also foresees higher revenue for the quarter.
CBD Grade A office vacancies reach six-year high: Savills
This surge is due to the completion of IOI Central Boulevard Towers.
No reason to believe DeepSeek obtained chips from Singapore: report
The company said its Singapore shipments were insignificant.
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Commentary
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