News

Sembcorp breaks ground for expansion of 1,000-hectare industrial park in Vietnam

The sustainable industrial park is located in Binh Duong Province of Vietnam.

FSTREI grows 0.5% in the past two weeks

UOB Kay Hian said this showed the resiliency of Singapore REITs.

About 99% of ESR-REIT shareholders approve ARA LOGOS merger

More than 1.2 billion voting shares decided the fate of the two companies.

SFA forms buy now, pay later working group to develop framework

The working group is calling out to organisations offering BNPL services to join their ranks.

CapitaLand's Ming Zhu HK goes under MVL

The company was CapitaLand Investment's wholly-owned subsidiary.

Mapletree REITS offer cash-only consideration option to $2.2b proposed merger

A backing of up to $2.2b will be implemented by the group. 

MAS, CDP promote access to quality ESG data

Their MOU aims to improve MAS' Project Greenprint.

MAS issues 10-yr prohibition order versus DBS' ex-manager for wealth planning

The charges were based on convictions involving fraud and forgery.

Market update: STI up 0.45%

Keppel Corp was seen with the most growth.

IRAS rolls out 2 new tax frameworks

The move aimed to strengthen corporate governance.

ST Engineering now wholly-owns TransCore

The acquisition will expand the firm’s footprint in North American.

Ascott opens 6th lyf coliving property in Asia

The Ascott Limited’s 240-unit property is located in Singapore.

Buy now, pay later to make up 8% of e-commerce transactions in 2025: FIS

Digital payment methods chip away at card use and bank transfers.   Buy now, pay later (BNPL) market is projected to grow at a compound annual growth rate (CAGR) of 40% through 2025 to become the fastest growing online payment method in Singapore, reports FIS.

Semiconductor segment to see better numbers in 2022F

The improvement will be driven by the easing of the global component shortage.

Chart of the Day: Singapore ranks 4th in soft power in Asia

The Lion City ranks 20th globally in Brand Finance's Global Soft Power Index 2022.