News
CCCS begins in-depth review of Grab’s proposed acquisition of Trans-cab
CCCS begins in-depth review of Grab’s proposed acquisition of Trans-cab
The review ensures that the acquisition will not raise competition concerns.
AIMS APAC REIT’s net property income climbs 6.3% YoY to $97.8m in 9M24
Despite higher NPI, the REIT recorded a 4.1% YoY lower distribution per unit.
Retrenchments soar to 14,320 in 2023
Business re-organisation or restructuring remained the top reason for retrenchments last year.
Average price of freehold shophouses jumps 10.1% YoY in 2023
The average price reflects a total transaction sales value of $948.0m.
Daily Markets Briefing: STI up 0.15%; Top stock is DBS
DBS is the top stock with a 0.189% increase.
Study shows 1 in 2 financially savvy Singaporeans own crypto, bullish on its future
High risk and volatility are some of the top concerns deterring non-crypto users.
Leong Wei Hung to take the helm as CEO of Singapore LNG Corporation
He will begin his tenure on 7 April.
Singapore LNG Corporation (SLNG) has named Leong Wei Hung as its new Chief Executive Officer.
Seatrium unveils Singapore’s first membrane LNG bunker vessel
The vessel is set to commence operations in February 2024.
‘No transactions currently contemplated’: Singtel refutes reports of Optus’ enterprise unit sell-off
Optus is a wholly-owned subsidiary of Singtel.
Zora Health bags $1m funding to launch a fertility care platform
The platform will offer services including egg freezing, in-vitro fertilisation, and fertility testing.
RHT Health Trust delists from SGX-ST
It took effect on 31 January, 9 am.
CapitaLand Malaysia Trust NPI surges 42.6% YoY in 2023
Its gross revenue also saw a 43.4% increase during the period.
Etiqa Singapore rolls out pet insurance offering S$15,000 surgery cover
The plan covers congenital and hereditary diseases, accidents, and surgeries.
CapitaLand sells 95% stake in Capital Square Beijing to AIA in S$447m deal
The property is located in the Central Business District (CBD) in Chaoyang District.
Keppel Pacific Oak US REIT’s portfolio valuation dips 6.8% YoY to US$1.3b
The REIT cited four priorities that contributed 84% to the decline in valuation.
4 in 5 business leaders rely on media to shape ESG strategies
For Singapore business leaders, “environment” is the top ESG priority.
MPACT’s net property income climbs 1.7% YoY to $182.4m in 3Q23/24
The strong performance of the REIT’s Singapore portfolio contributed to the increase.
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Commentary
SG60: What the next 10 years have in store for Singapore’s investment landscape