News
Frasers Property warns of lower profits for FY23
The company expects fair value losses on a portion of its portfolio of investment properties.
Keppel’s private fund acquires 2 education assets in Sydney for $175m
The acquisition will bring Keppel’s portfolio to $4.3b of assets in Australia.
CLCT prices $112m worth of FTZ offshore bonds at 3.8%
The bonds are due in three years.
MAS holds rates as Singapore’s GDP is expected to improve in 2024
The central bank warns that domestic recovery could be weaker than expected.
Economy grows at a faster pace in 3Q23: flash estimates
It grew 0.7% YoY from 0.5% YoY in 2Q23.
Singapore food manufacturers in for a treat as consumption recovers in 2024
Many would benefit from recovering consumption across Thailand, Vietnam, and Indonesia.
Daily Markets Briefing: STI down 0.73%; Mapletree PanAsia Commercial is top stock
Mapletree PanAsia Commercial closed at 2.92%.
Singapore ranks 17th in world’s top sustainable destinations list
It moved up 18 places in the ranking.
Tai Seng property 50 Playfair Road for sale at $70m
The land has no restriction to foreign ownership and no ABSD payable.
Singapore and Thailand to pursue promising areas of economic cooperation
PM Lee hosted a lunch for the Thailand Prime Minister’s visit.
HSBC Singapore appoints new head of commercial banking
She previously held the role of head of global banking.
SG ranks 17th in world’s top sustainable destinations list
It moved up 18 places in the ranking.
SG firms lead investment in AI and machine learning technologies
Local businesses, on average, invest 24% of their annual budget in AI and machine learning.
Regulatory uncertainty hinders digital asset investment in SG
Investors (48%), however, believe regulators are committed to improving regulations.
Citi sets board meeting in Singapore for the first time since 2011
They will meet with clients, staff and regulators in Singapore.
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