News
Changi Airport net profit surges by 1,206% to $431m in FY2023/24
Changi Airport net profit surges by 1,206% to $431m in FY2023/24
The group's revenue also surged by 45% to $2,727m during the same period.
Singapore, Ethiopia pledge to strengthen ties, explore new areas of cooperation
The two nations are seen as “gateways to enhance links between Southeast Asia and Africa.”
Singapore is APAC’s sixth most established data centre market
The city will join other 1GW markets like China, Japan, Australia and India.
Doubling down on research: Singapore to study how built environment affects mental health
The study includes assessing urban design features and human behaviours, among other things.
Singapore, US deepen ties with new AI talent scheme, better cooperation
The new collaborations build on ongoing work in other bilateral platforms.
Boutique properties can rival larger projects in growth
Median prices at Residences @ Jansen nearly doubled to $1,233 psf.
Asia Pacific’s family offices grow fastest worldwide as ultra-rich population rises: report
Family offices in Singapore nearly tripled between 2020 and 2022.
HDB resale flat demand to hold steady: analysts
Resale prices are up for eight months in a row.
VIS and NXP Semiconductors build $10.5b semiconductor facility in SG
The facility will create 1,500 jobs in Singapore.
OUE REIT Treasury prices $250m green notes at 4.10%
The notes will mature in 2027.
Sembcorp inks Heads of Terms for green ammonia deal with Sojitz and Kyushu Electric
The partners aim to supply Japan with green ammonia from India.
Yangzijiang Financial acquires Handymax vessel in JV with Alpha Omega
The vessel's delivery is slated for July.
Hyphens Pharma to launch Maruho’s shingles drug in ASEAN
It will commercialise Amenalief® Tab 200mg in 10 ASEAN countries.
Companies gather in Johor Bahru to explore RTS Link opportunities
CIMB Singapore and SCCCI spearheaded the gathering.
Rohto and Mitsui lead acquisition of Eu Yan Sang for $695M
The Japanese companies acquired an 86% stake in the company.
Nium raises US$50M in Series E round led by SEA sovereign fund
It will use the funds to accelerate its growth plans.
EMA and KOGAS ink deal on liquefied natural gas collaboration
They will share best practices and knowledge on procurement and supply management.
Commentary
Liquidity crucial to stock market reform
From ownership to access: Unlocking vehicle productivity in Singapore