News
Paragon REIT to divest The Rail Mall for $78.5m
Proceeds from the sale will be used for debt reduction, potential acquisitions, and property improvements.
Frasers Hospitality debuts in Taiwan with Fraser Residence Taipei
The new residential property will open in 2027.
SingPost appoints Merrill Lynch as financial advisor for Australian operations
It is part of the group’s strategy to strengthen its Australian market presence.
Banking sector poses highest money laundering risks in Singapore
Non-banking sectors such as corporate service providers, real estate, casinos, and precious stones also pose high ML risks in the country.
Singapore jobs market expands in Q1 as more residents land jobs
Vacancies rose to 81,900 in March from 79,800 at the end of last year.
Singaporeans rank third globally in overseas travel spending
They spend an average of US$2,966 on overseas travel.
Singapore is world’s most competitive economy in 2024: IMD
The city-state also held the top spot in 2020.
Séché Environnement to buy Singapore’s ECO for $605m
Séché expands its presence in Southeast Asia’s hazardous industrial waste market.
Daily Markets Briefing: STI down 0.12%; Singtel is top stock
Singtel is the top stock with a 1.154% increase.
HDB offers 6,938 BTO flats in June with shorter waiting times
Applications for the sales launch are open until 26 June.
Sembcorp adds 196MW of wind, solar in portfolio with Vietnam acquisition deal
It will also acquire a stake in a GELEX unit that owns a hydropower asset.
HDB's October BTO launch features new flat classifications
The agency will also pilot a new White Flat layout in the launch.
PUB opens tender for 55 MW floating solar panels at Pandan Reservoir
The tender will close on 26 September.
Japanese firms secure $242m deal for CRL phase 2 tunnel construction
The firms will construct tunnels between CR18 and CR19 stations.
NEA boosts environmental services with a $90m productivity grant
Companies can apply for the grant until 31 March 2027.
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Commentary
SG60: What the next 10 years have in store for Singapore’s investment landscape