News
CapitaLand Investment sells 4.88% stake in CLAS for $162m
CapitaLand Investment sells 4.88% stake in CLAS for $162m
The transaction decreased its stake in CLAS to 24.04%.
OUE Healthcare subsidiary secures majority stake in Rehab Matters
This enables O2 Healthcare to integrate physiotherapy care into its lung health services.
Wesfarmers to sell Coregas to Nippon Sanso for $653m
The sale is expected to be completed by mid-2025.
NRIC numbers alone cannot initiate payments, fund transfers: ABS
ABS advised customers to change their login passwords if they are using their NRIC number.
NRIC numbers invalid for key insurance transactions
Reviews regarding the use of NRIC may result in changes to existing processes.
Cromwell EREIT divests two office assets in Italy for $29.6m
The selling price is 7.7% above the latest valuations.
Elite UK REIT sells Chippenham property for $2.25m
Net proceeds will be used to repay debt.
IREIT leases 12% of Berlin Campus to Stayery for 255 guest rooms
This marks its second major lease contract at the property within a month.
Far East H-Reit inks $157.15m sustainability-linked loan deals
The loan facility was obtained through its trustee, DBS Trustee Limited.
Yeo’s to lay off 25 employees as Oatly ends Singapore operations
The employees will receive severance packages based on their salary and years of service.
Sembcorp bags first solar plus energy storage project in India
This is a build-own-operate project.
Most hacked passwords in Singapore are under 10 characters: Preply
“123456” remains the most commonly hacked password, appearing in 42.5 million breaches.
Singapore’s hotel RevPAR growth seen at 2-3% in 2025
It also noted over 5,000 new rooms will enter the market between 2025 and 2027, particularly in the upscale to luxury segments.
STI projected to hit 3,940 points in 2025: RHB
RHB also projects GDP growth to slow slightly to 3.0% YoY in 2025, down from 3.4% in 2024.
Singapore’s weak consumer demand stifles crypto adoption growth
Security concerns like hacking and fraud continue to deter wider consumer adoption of cryptocurrencies.
Salaries set to rise by 4% across all industries in 2025
The real estate, consumer goods, retail, and banking & finance sectors may see the highest salary increases.
Singapore’s growth may slow in 2025 due to weak chip cycle, pharmaceutical exports
Global demand and elevated geopolitical uncertainties could weigh on export performance in the coming year.
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