Staff Reporter
Alstom to install Urbalis system for East-West Line stations
Alstom to install Urbalis system for East-West Line stations
The deal covers upgrading three stations and extending the line to Changi Airport Terminal 5.
CSE Global bags $59.3m contract in US data centre market
This is an extension contract with an existing hyperscaler customer.
Daily Markets Briefing: STI up 0.27%; Top stock is Thai Beverage
Thai Beverage is the top stock with a 2.17% increase.
TransferMate clinches MAS approval to add payment services
This expands its existing suite of products in Singapore to include storing funds.
Resilient industrial sector expected throughout 2025
Leasing activity even surged in Q2.
Singapore is third most active markets in prime properties: report
Other most active markets include Monaco and Geneva.
Singapore F&B sales fall 1.5% in June
Cafes, food courts and other eating places posted the sharpest drop at -3.5%.
Retail sales dip 1.2% in June
Total retail sales in June were estimated at $4.0b.
5 SG firms land on Forbes Asia’s 2025 Best Under A Billion list
Wealth management platform iFast debuted on this year’s list.
Singtel teams up with Xtelify to boost field teams in Singapore
Xtelify Work will support Singtel’s field engineers with AI-powered capabilities.
DBS and UOB earnings to show impact of SORA, credit costs
DBS should have good earnings, whilst the effect of SORA is a point of interest.
Frasers Hospitality’s RevPAR drops in 3 out of 5 markets in Q3 2025
Singapore’s RevPAR decreased by 5.6% YoY.
Industrial occupancy rate dips in Q2
The decline was due to substantial new completions.
Economy strategy review launched to keep SG globally competitive
Five committees were set up to develop long-term economic strategies.
MasOrange, Vodafone Spain partner with GIC to launch Spanish fibre optic venture
The infrastructure aims to develop Spain’s connectivity and digitalisation further.
Soup Holdings profit up 34% YoY in H1
Revenue for the period decreased by 6.3%.
EV firm NIO delivers more than 21,000 vehicles in July
The deliveries consisted of 12,675 vehicles from the premium smart electric vehicle brand.
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