Singapore
Jumbo sets up JV to expand NASBKT brand in Shanghai
Jumbo sets up JV to expand NASBKT brand in Shanghai
The JV taps local partners to develop NASBKT franchise rights in Shanghai.
SIA Group swings to $75.8m Q1 loss as fuel costs jump 78.5%
Revenue rises 19.3%, but Air India losses also weigh on earnings.
Seatrium wins approval for 30MW floating data centre concept
Features six modular 5MW data centre units.
Rising costs fail to slow spending for 42% of Singaporeans
Gen Z and Millennials led higher spending and social commerce.
Ever Glory United lifts order book above $1b
New contracts since January brought total contract wins to about $400m.
Keppel REIT H1 NPI rises 13.1% to $122.5m, divests Ginza asset
DPU slips 4% to 2.61 cents on enlarged unit base.
Landmark REIT’s NPI rises 4.9% in H1 despite rupiah depreciation
The trust reduced debt to $574.6m as FY2027 distributions remain subject to conditions.
ST Engineering wins $840m Taiwan MRT line contract
The eight-year project begins in Q4.
Singlife launches zero-fee CPF portfolios for retirement
Singaporeans can invest their CPF funds across 3 portfolios starting from just $200.
Manufacturing forecast lifted to 9% on AI-driven electronics growth
Semiconductor output increased 21.1% YoY in June.
StarHub-M1 merger could lift ARPU amidst market consolidation: CGS
Merger could generate $70m in annual synergies.
Prime rents rise 0.2% in Q2 despite cautious spending
Other city areas led H1 growth, with rents rising 1.0%.
Singaporeans use genAI to research insurance but balk at personalised advice
Nearly half have used gen AI in choosing financial products.
ESR-REIT sells Ang Mo Kio industrial property for $33.3m
The net proceeds will be used to repay debts and finance potential acquisitions.
Knight Frank agents joins OrangeTee as real estate agency business shuts
OrangeTee is now the 4th biggest property agency by registered salespersons.
Bank of Singapore names Benjamin Low as alternative investments head
He is tasked with leading the growth of the bank’s alternatives platform.
Ministry of Law appoints Evercore chief to SLA board
Appointments will commence on 1 August.
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