News
Seatrium subsidiary secures $512m revolving credit facility with UOB
Seatrium subsidiary secures $512m revolving credit facility with UOB
Proceeds will enhance Seatrium’s liquidity and financial flexibility.
COTD: Factory space demand falls despite manufacturing GDP rise
Rental prices also don’t explain the drop in factory space demand.
UOB raises 2025 GDP forecast
UOB expects full-year growth in 2025 to run slightly above potential, but forecasts a slowdown to 1.4% in 2026.
GDP seen at 2.0% in 2025, but tariffs may halve growth
RHB analysts, however, caution that much of the recent growth appears front-loaded due to early export orders.
Only 4 in 10 of Singapore’s wealthy feel ready for health costs
Whilst 94% of respondents said that health is more important than anything else, just 44% believe they will remain healthy and active in retirement.
Singapore named most expensive city for the wealthy
This marks the third consecutive year the city-state has topped the index, which tracks the cost of luxury living across 25 global cities.
CBD office rents stay flat despite near-full occupancy: report
Grade A+ office rents in the Raffles Place / Marina Bay precinct rose marginally by 0.2%.
DCS Card Centre embraces Web3 as superapps reshape payments
A stablecoin conversion card offers a bridge between crypto and cash.
CosmoSteel CEO resigns
The CEO cited personal reasons for his departure.
Frasers Hospitality Trust privatisation gets conditional green light from SGX-ST
The sponsor offered to buy all stakes for $0.71 each in cash last May.
Nordic Group secures $48.7m worth of contracts
The contracts are for engineering and industrial services across multiple sectors.
AIMS Financial Group increases stake in AIMS APAC REIT
The shares were bought from ESR HK Management Limited.
LMS Compliance acquires 75% stake in Anchor Technology Holdings
ACC HK is now a 75%-owned indirect subsidiary of the company.
Union Steel sells 30M Eneco shares for $345,000
Done through a married deal, the transaction was priced at $0.0115 per share.
PSC chairman eyes acquisition of remaining company shares
The move follows his recent share purchase from Sin Huat Company.
Singapore and China reaffirm green finance cooperation
They are advancing discussions on taxonomy criteria for transition activities.
MPA and InstaSG partner to celebrate maritime heritage
The sector was celebrated through photography.
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