News
MAS revokes insurance broker license of Acesynergy Brokers
MAS revokes insurance broker license of Acesynergy Brokers
ABPL failed to comply with regulatory requirements.
UOB to see 200 tonne-reduction in CO2e emissions with DHL pact
UOB’s international parcel deliveries will now use sustainable aviation fuel.
DBS launches bond portfolio managed by BlackRock
Customers can invest for a minimum of $1,000 and a 0.6% annual management fee.
GIC reports weakest 20-year investment growth in four years at 3.9%
GIC expects lower returns amidst US monetary policies, China property market challenges, and geopolitical tensions.
M1 to retire 3G network services in August
M1 will invest in new 5G services.
Sabana Industrial REIT’s portfolio value hits $914.5m in 2024
The 151 Lorong Chuan property has the highest value of $362.7m.
AusGroup delists from SGX-Mainboard
The company is currently insolvent with debts exceeding its realisable assets.
HSBC, SBF to help Singapore businesses scale GBA, India, Middle East
HSBC launched a business guide and will offer net zero transition solutions.
SATS terminates lease on Jurong Innovation District site
It is in the process of evaluating sites to relocate the SATS Food Hub.
Allianz’s acquisition won’t have impact on market: Fitch Ratings
This deal will make it the largest property and casualty insurer in Singapore.
Sabana Industrial REIT NPI revenue and occupancy down in H1
Net property income (NPI) was $27.2m for the period.
Core inflation at 2.9% in June as prices retail, travel prices ease
Private transportation prices declined by 0.7% during the month.
Ban Leong Technologies announces board reshuffle
The firm elected a new chairman and director.
Tuan Sing to post a loss for H1 2024
The loss did not include divestment gains from a proposed divestment.
‘Flattish pricing’ seen for future developments on three URA sites: DBS
Homes on the Canberra Crescent site could sell for under $2,000 psf.
Singapore advised to diversify events for year-round tourism boost
Strategic event placement and hospitality packages key to maintaining tourist influx.
Pfizer unveils new $1b manufacturing facility in Tuas Biomedical Park
The facility spans 429,000 sq ft.
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