Singapore
MasOrange, Vodafone Spain partner with GIC to launch Spanish fibre optic venture
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.
CapitaLand Integrated Commercial Trust NPI edges down 0.4% in H1
Still, DPU rose 3.5% to 5.62 cents.
CapitaLand Ascendas REIT NPI down 0.9% to $523.4m in H1
DPU also fell 0.6% to 7.477 cents.
CICT launches $500m private placement to fund CapitaSpring acquisition
Units are priced between $2.105 and $2.142.
Lendlease to sell Jem office segment to Keppel
The net cash proceeds from the divestment are estimated to be $459.4m.
Ong Beng Seng pleads guilty to abetting obstruction of justice
His sentence will be released on 15 August.Ong Beng Seng pleaded guilty to one charge of abetting the obstruction of justice in connection with the corruption scandal involving a former Transport Minister.
Lendlease Global Commercial REIT records lower NPI in FY2025
The company linked this to property operating expenses rising to $57.8m.
COTD: Landed home prices dip below $2,000 psf in Q2
This was a 0.9% decrease quarter-on-quarter.
mm2 Asia faces $17.6m in legal claims, maintains it can stay afloat
Most claims are linked to its cinema unit, CCPL.
CICT acquires full ownership of CapitaSpring for $1.045b
DPU expected to rise 1.1%.
Samsung opens Business Experience Studio in Singapore
The 2,150-square-foot studio aims to provide businesses with hands-on experience using Samsung’s enterprise solutions.
Singapore boosts digital spend in construction
Construction firms in Singapore use an average of 7.3 technologies, the report said.
Singapore leads APAC in hybrid work access: report
Around 79% of employees say a company’s sustainability and CSR efforts influence their job decisions.
Over 75% of APAC logistics firms plan to expand space
CBRE noted Singapore’s appeal extends beyond cost competitiveness.
Over 900 units across three residential sites sold on launch weekend
Promenade Peak in Zion Promenade moved 331 units out of 596 (56%).
Commentary
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