Singapore
KKR-Singtel consortium completes acquisition of STTGDC
KKR-Singtel consortium completes acquisition of STTGDC
The data centre operator will retain its leadership and strategy following the deal.
Singapore banks back $5b data-centre acquisition
KKR and Singtel are acquiring the Singapore-headquartered data-centre operator.
Nearly half of firms report increased payment delays
Businesses waited an average of 66.3 days for payment, a report showed.
Ageing, workforce shortages top Singapore healthcare pressures: ASEAN index
Across the region, digital transformation and AI rank as the top future pressures.
CLA Global TS’s Henry Tan: Resilience not just managing risk, but building the right ecosystem for sustainable growth
This comes amidst effects of geopolitical tensions and shifting trade dynamics on businesses in Asia.
CapitaLand‑UOL‑SingLand consortium sets record with $1.43b Changi site bid
The winning bid beat the runner-up by 13.8%.
NIO narrows net loss 89% YoY to $100.3m in Q2
The loss, however, widened by 59% from $63.1m (RMB332.1m) in Q1.
Frasers Property to redevelop Yishun 10 into mixed-use project by 2031
The mall is expected to cease operations on 2 March 2027.
Mapletree secures over $635m for ‘Emerging Asia’ logistics strategy
About $317.5m (US$250m) of the commitments went to MEGA’s first close.
Keppel DC REIT lifts private placement to $625m on strong demand
About 98.5% of the proceeds will be used to partially finance an acquisition.
Pizza Hut Singapore taps Liew Li Li as Marketing and Food Innovation Director
She succeeds Ailsa Tan, who has concluded her tenure with the company.
Aster to add 1.3 million barrels of crude storage in Singapore
Its new platform includes up to 4.3 million cubic metres of tank capacity.
Investors target Singapore’s mid-term rental gap
Co-living has fewer than 10,000 rooms despite a sizeable international workforce.
Daily Markets Briefing: STI down 0.78%; Top stock is Sembcorp Industries
Sembcorp Industries is the top stock with a 2.37% increase.
Policy easing keeps developers keen on en bloc sites despite higher charges
Landed residential LBC rates rise 3.5%, whilst non-landed rates climb 3.4%.
Tech equity funding rises 21% QoQ to $4.8b in Q3
Kling AI grabs over half of the quarterly total with $2.8b.
Springleaf Tower office floors on sale for $54m
The floors may be purchased individually or together.
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