News
CapitaLand Ascott Trust to divest Citadines Mount Sophia for $148m
CapitaLand Ascott Trust to divest Citadines Mount Sophia for $148m
The REIT expects to receive net proceeds of $138.6m from the divestment.
Gov’t names fair tenancy committee members as measure on retail leases takes effect
The new members will serve the committee for two years in their first term.
Manufacturing sector firms 'cautiously positive’ about business in 1H24
A net weighted balance of 10% expects an improved situation.
Daily Markets Briefing: STI down 0.4%; Top stock is DBS
DBS is the top stock despite a 0.157% decline.
Singapore prime sheds to lead rental growth in APAC this year
Supply of prime logistics space to reach its peak in 2025.
Investors to stay cautious navigating Singapore’s property market in 2024
Investment volume is seen rising 15% this year.
SGX Securities launches 1st active ETF
Singapore welcomed the listing of Lion-Nomura Active ETF.
Keong Hong Holdings posts $50.8m net loss in FY23
The company’s net loss rose 9% year-on-year.
ISCA allocates $3m to elevate directors' proficiency in board masterclass
The programme hopes to provide holistic learning to improve governance and practices.
Which sectors are confident in their business outlook for H1 2024?
The accommodation industry is the most confident amongst all sectors.
Antler commits $5.1m pre-seed funding to 37 startups in Southeast Asia
The portfolio of startups spans 19 sectors.
41% of Singaporean business leaders skeptical about their financial data: survey
Manual processes and human error are mainly to blame.
LTA awards $480m contract for design and construction of Maju station, tunnels under CRL2
KTC Civil Engineering & Construction bagged the civil contract.
MPA welcomes 3 new board members
They will serve the agency for three years.
IREIT divests office asset in Barcelona for $35.5m
The sale price was 6.1% above the property’s latest valuation.
SGX Group posts 1.0% YoY lower net income of $281.6m in 1H24
Its adjusted net income of $251.4m, however, translates to a 6.2% YoY increase.
CCCS begins in-depth review of Grab’s proposed acquisition of Trans-cab
The review ensures that the acquisition will not raise competition concerns.
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Commentary
SG60: What the next 10 years have in store for Singapore’s investment landscape