News
Acrophyte Hospitality sells Hyatt Place Detroit Livonia for $10m
Acrophyte Hospitality sells Hyatt Place Detroit Livonia for $10m
The divestment frees capital for Acrophyte to reduce debt or acquire new property.
Hiring sentiment for Q1 2026 softens to lowest in three years
Conditions for Q1 2026 have weakened to +15%, the lowest level since Q1 2022.
Gov't pledges $37b for RIE2030 to advance innovation, economic growth
It will start its billion-dollar investment in April 2026.
Singapore’s economy posts firmer rebound as industrial output surprises
The bank said risks have shifted toward a steeper 1.0% slope as early as April 2026 if core inflation momentum normalises.
Asia Pacific hotel investment is set to rise as 2026 volumes reach $17.3b
Investors are showing rising interest in hybrid hotel concepts, boutique luxury assets, and serviced residences.
OceanScape sells over $160m of iron ore
The company will sell 1.2 million metric tons of the product to HK Company.
Sembcorp confirms ongoing talks on potential Alinta Energy purchase
Discussions between relevant parties regarding the acquisition are currently in progress.
Endowus rolls out two investment portfolios in HK, SG
Income Enhanced Conservative and Income Enhanced Aggressiveness are now available.
Proposed Singapore Paincare buyout ends after scheme conditions lapse
Financing confirmation were withdrawn after the expiry of UOB facilities.
SG consumers least likely to raise year-end spending in SEA
Amongst spenders in Singapore, 48% plan to spend on travel and only 7% on shopping.
SLA awards 2 Moulmein Road redevelopment project to Country City
The developer plans to add restaurants and cafés, sports and wellness facilities, and pet-friendly areas to the state property.
SingPost raises domestic-mail rates
Domestic-mail tariffs will increase by 10 cents, starting 1 January.
Mandarin Oriental shareholders OK Jardine Matheson deal
Jardine Matheson will acquire 11.96% of Mandarin's total issued shares.
OCBC takes equity stake in Esteel’s $1.9b hot briquetted iron plant plan
The US$1.5b development will have the capacity to produce about 2.5 million tonnes of hot briquetted iron a year.
STI ends higher as banks lift weekly performance
In sector performance, the FTSE ST Industrials Index has delivered a 36% total return from January to November.
Centurion Accommodation REIT gains FEDA licence for new Toh Guan block
Centurion said it will submit a new FEDA licence application to cover the expanded capacity.
Payment Options secures in-principle approval for MPI licence in Singapore
It aims to offer payment capabilities to SMEs.
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Commentary
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