News
OKP unit bags $92.9M contract for new cycling path networks
The unit expects to complete the project by 2025.
Mama Shelter Singapore hits market for $195m
CBRE is selling the asset via an EOI exercise.
Prime office rents rise 3.4% in 1Q24
Knight Frank said rent rates could stabilise in the second half of 2024.
Singapore leads the world in elite value creation
The country stands out with its corruption control, amongst others.
Igloo partners with finance providers to tackle underinsurance in Vietnam
To date, Igloo has partnered with more than 75 companies in 8 different territories across SEA.
Singapore SMEs’ cyber risk awareness declines: report
Fewer SMEs were affected by cyber events this year.
Incoming PM Wong garners broad confidence across all age groups
Gen Zs (41%) and Baby Boomers (43%) hold high expectations for Wong.
Daily Markets Briefing: STI up 0.62%; Top stock is DBS
DBS is the top despite a 0.693% decrease.
Singapore commercial real estate investments up 14% in Q1
APAC commercial property investments are up 13% YoY.
StanChart joins Visa’s B2B Connect to enhance cross-border payments
It aims to facilitate faster and more cost-effective business-to-business (B2B).
DCS Card Centre, E6 launch credit card issuing solution for fintechs
The service will be first rolled out in Singapore.
SINGAUTO secures $61.2m funding for global expansion plans
The company will begin mass production of the S1 new energy cold chain vehicle to deliver over 20,000 units by 2025.
BRC Asia buys 19.1% stake in Angkasa for $16.1M
Post acquisition, BRC will own a 19.1% stake in Angkasa.
Low inflation in Singapore unlikely to hold in 2Q24
In March, inflation fell to 2.7%.
Wake Up admin faces defamation charges for false KKH miscarriage report
Defamation can be punished with a fine, and/or up to two years of prison time.
Nearly half of Singaporean youths take first self-funded trips before age of 18
On average, they spend around $940 on airfare for their first trip.
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Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform