Staff Reporter
Daily Markets Briefing: STI down 0.2%; Top stock is DBS
Daily Markets Briefing: STI down 0.2%; Top stock is DBS
DBS is the top stock with a 0.185% increase.
COTD: CBD Grade A office market to tighten from 2025 to 2027
It will only rebound in 2028.
Property market set to log lowest sales since GFC: analyst
Only 2 of 8 major projects sold over 50% of their units during their month launch.
AIA SG expands mental health coverage for corporate insurance policies
Over 1.3 million employees are expected to benefit from the expanded policies.
Elite UK REIT to divest Dundee property for $2.16m
This represents an over 40% premium above valuation.
United House freehold site hits market at $166m
The tender for the site closes on 14 November at 3 p.m.
Singapore Gulf Bank names ex-Goldman Sachs banker as CFO
Separately, SGB’s new COO joins from GIC and Sygnum.
TEHO's Korea unit plans $2.95m acquisition of Busan warehousing facility
The company already made a down payment of $295,000 to the vendor.
8 in 10 consumers do not trust organisations to manage their data
95% said multi-factor authentication would make them feel more secure.
Hanwha Group stands firm on $0.60 apiece offer for Dyna-Mac
It is currently the only offer for the group.
Six in 10 CEOs shift to proactive portfolio management
They plan to pursue M&A and IPO transactions.
Elite UK REIT submits plans for 80MW data centre at Peel Park, Blackpool
The REIT's manager has secured enough power for the proposed data centre.
Competition watchdog investigates HairFun Salons for unfair practices
The company received similar complaints under a different name.
Duke-NUS aims to simplify medication instructions through pictograms
Health institutions were encouraged to adopt this.
CapitaLand Development leads bid for Kallang Way industrial food site at $368.9m
The site spans 44,107 square metres.
GIC to acquire 25% stake in Reworld™ from EQT Infrastructure
It expects to close the transaction in Q1 2025.
PDPC investigates Bukit Sembawang cyber incident for potential data breach
The cybersecurity incident occurred on 13 August.
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