News
Kuok Khoon Hong raises stake in Wilmar International to 14.1%
Kuok Khoon Hong raises stake in Wilmar International to 14.1%
Kuok currently holds 880.1 million shares in Wilmar.
ST Engineering lands $100m in new ammunition orders from Europe
The orders comprise NATO standard 155mm and 40mm ammunition.
OCBC Digital Silvers Programme targets 10,000 “digitally shy” elderly
The bank kicked off the programme in 2024 with a carnival-style event at Bishan Community Club.
85 Singaporean companies included in Fortune’s SEA 500 rankings
Trafigura, Wilmar, Olam, Flex, and DBS all made it into the top 10.
Sabana REIT refutes claims bond issuance affects its internalisation process
Quarz Capital Asia alleged the bond issuance may jeopardise Sabana Industrial REIT financially.
DBS named as SEA’s most profitable bank
DBS ranked as the 10th largest company in terms of revenue in Fortune’s SEA 500 list.
OCBC’s final offer for Great Eastern squeeze out at S$25.6 per share
Closing date has been extended to 12 July.
Income Insurance in talks with Allianz over shares
The transaction is not, in any way, final.
Singapore ranks as 2nd most expensive city globally
Expensive housing, transportation, and goods drove up the city's cost of living.
Starhill Global REIT secures extended credit facility agreement
The facility was previously for three years.
Trafigura agrees to pay $55m to settle CFTC charges
The agreement neither admitted nor denied the CFTC’s findings.
Non-oil domestic exports slip 0.1% YoY in May
A 6.0% YoY drop in non-electronic products drove the decline.
Clean-up operations expand as oil reaches water off Changi
Authorities have deployed additional booms to contain the incident.
CCCS seeks public feedback on Esteel's partial stake acquisition in HG Metal
The deal will give Esteel a 29% stake in HG Metal.
Singapore stocks book $1b in net retail inflow so far this year
Capital flight from banks was more than offset by large net buying in other stocks.
Singapore’s prime office rental growth lags: CBRE
Seoul was also among the rental growth laggards.
Singapore is one of the markets leading the flight-to-quality trend in APAC: CBRE
Green offices are also popular among occupiers in the city-state.
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Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform