News
Keppel’s Bifrost subsea cable achieves 'ready for service' status
Keppel’s Bifrost subsea cable achieves 'ready for service' status
It is the first to connect Singapore directly to the U.S. west coast via Indonesia.
STI poised to maintain year-end target at 4,430
An oversold market breadth sets the market for a potential year-end rally.
ESR exits Kenedix investment
The group said this is to simplify the business and focus on its core strengths.
Keppel DC REIT launches $404.5m preferential offering
It will issue 180.6 million new units at $2.24 each.
Avation posts $7.7m loss in FY2025
The group’s revenue rose 19.2% to $110.1m.
First Resources sells West Papua subsidiaries
The subsidiaries had debts of $103.3m.
MKX, Zhidao, BYD tapped for $8.14m autonomous bus initiative
The consortium will supply the 16-passenger-seat autonomous buses.
CFM Holdings to propose adopting new constitution
The proposed adoption is subject to the approval of the shareholders.
GS Holdings incorporates new subsidiary
Principal activities include the management and licensing of intellectual property.
COTD: Prime retail rents up by 0.3% QoQ in Q3
Suburban prime malls also saw rents grow 0.3% QoQ.
UOL completes Thomson View condo sale
The development houses 200 apartments.
Commercial site at Changi Road up for sale for $38m
The site has a total strata area of approximately 13,520 square feet.
Singapore set to remain fastest-growing private wealth hub in next 5 years
Bloomberg Intelligence said Singapore “retains a unique edge with deep Southeast Asia connectivity."
GDP forecast raised to 1.5–2.5% on easing inflation, lower rates
Q2 2025 GDP growth at 4.4% YoY, with inflation at 0.8% and unemployment at 2.1%.
M&A value rises 7.1% to $69.7b in first nine months
By deal direction, target-Singapore activity jumped 31.3% to $29.39b.
Singapore bond issuance hits record $44.6b in first nine months
DBS Group Holdings, UOB, and DBS Bank each issued $2.59b.
Equity capital market sees strongest YTD issuance since 2021
By sector (issuers), Real Estate led with $3.48b, accounting for 46.3% of the proceeds.
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