News
Addvalue starts arbitration against XEPIC Corporation for $2.8M
Addvalue starts arbitration against XEPIC Corporation for $2.8M
This is due to the damages for wrongful termination or repudiation of contracts.
Kimly’s net profit drops by 6.8% to $31.7m in FY 2024
It was due to a drop in other operating income.
Tender opens for Media Circle and Bayshore Road sites
The sites can yield 326,015 residential units.
Singapore Airlines to adjust conversion prices of 1.625% convertible bonds
It has outstanding convertible bonds with an aggregate principal amount of $849.75m.
Sembcorp bags 300-MW wind-solar hybrid project in India
Output will be sold to NTPC for 25 years.
Elite UK REIT to divest Hilden House in Warrington for $5.56m
The sale represents a 6% premium above its valuation of $5.2m as of 30 June.
SG leads AI infrastructure: Report
The city-state particularly led in AI venture capital investment.
MPA, Japan’s Mitsui O.S.K Lines ink MoU on maritime development
Under the MoU, the two will cooperate to decarbonise the industry.
GuocoLand wins Faber Walk bid at $349.9m
The area can yield about 400 residential units and has a tenure of 99 years.
New phishing framework redefines accountability for banks and telcos
The framework outlines responsibilities but adds cost burdens.
Singapore remains confident in China’s future, seeks deeper collaboration amid challenges: SM Lee
The joint projects between the two countries will boost development and innovation
Singapore mobile gaming marketers allocate just 20% of budgets to APAC
This mirrors a global trend, with 71% of gaming ad spent in just few countries.
HDB rental demand recovers in H2 2024, to weaken in 2025: report
In 2025, supply is expected to decrease, and rental growth is projected to slow.
Bayshore Road and Media Circle GLS sites likely to attract 3-5 bids: experts
Top bids could hit $570m for Bayshore and $494m for Media Circle sites.
Daily Markets Briefing: STI down 0.58%; Top stock is ThaiBev
ThaiBev is the top stock with a 1.89% increase.
CCCS seeks feedback on Advanced Micro Devices' acquisition of ZT Group International
Feedback submission will close on 10 December.
JTC launches 2 new sites under IGLS programme
The sites are slated for 2H 2024 IGLS.
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Commentary
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Beyond policy: How Singapore's service sector can win at the frontline
Solving the production problem behind Singapore’s ‘pilot purgatory’
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