News
Daily Markets Briefing: STI up 0.04%; Top stock is DBS
DBS is the top stock despite a 1.204% decrease.
Singapore office demand softens
Previously leading office expansions, tech firms and banks are now scaling back.
Singaporeans set sights on career growth, leave stagnant posts: report
Skill development key to career advancement.
Glencore-Chandra Asri JV acquires Shell SG's energy and chemical assets
The companies expect to complete the transaction by year-end
New bill passed to safeguard Singapore's transport sector
This is in response to evolving threats including the possibility of malicious interference.
2-storey Bussorah Street shophouse for sale for $5.18m
The expression of interest is until 15 June.
DBS names Ping An Tech’s Eugene Huang as bank CIO
Huang led a team of 22,000 employees in Ping An to provide IT offerings.
Singapore property tax hike dents FHT's 1H24 bottom line
In 1H24, the REIT reported a 1.3% YoY lower NPI.
Coliwoo and Macritchie JV acquires Wilmer Place for $26.5m
Savills executed the sale.
MTI and EMA seek feedback on energy legislation changes
The public consultation will end on 5 June.
ARA H-Trust to divest two Hyatt hotels for $42m
The REIT will use net proceeds to repay debt or acquire new properties.
Gov’t eyes tighter measures vs. money laundering
A possible amendment to the law includes giving regulators access to suspicious transaction reports.
4 in 5 businesses say generative AI adds value: study
Meanwhile, some of the respondents are uneasy about its future.
Singapore and UK strengthen collaboration in sustainable finance
The countries vowed to bolster financing for net zero agenda.
Olam Agri raises offer for Namoi to A$0.70 per share
Namoi's biggest shareholder has backed Olam's offer.
Prime US REIT's net property income dips 11.7% YoY to US$20.8m
The REIT faced lower occupancy and higher finance expenses.
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