Singapore
GXS Bank names Pei-Si Lai as group CEO
GXS Bank names Pei-Si Lai as group CEO
Incumbent CEO Muthukrishnan Ramaswami will become a senior advisor to the GXS Group.
GS Holdings acquires Octopus Distribution Networks for $11.8m
The acquisition was completed on 13 May.
UHREIT’s NPI drops 8.4% YoY in Q1
The decline was due to divestments made in August 2024 and January 2025.
Ascott ramps up upskilling to support global expansion
Ascott plans to open over 300 new properties by 2028.
Navigating a new era of strategy, sustainability, and social value
Once seen as number crunchers, today’s accountants are strategic leaders — reshaping business through ethics, sustainability, and digital transformation.
Wellness top Singaporean travellers' priorities: report
This is followed by cultural activities and adventurous trips.
Sen Yue Holdings reverses loss in H1 2025
It was due to higher revenues.
MTQ’s profit sinks 59% YoY in FY25
It was due to lower revenue and other income recorded.
Digital Halo to join Partners Group in new acquisition deal
Partners Group plans to initially commit around $521m alongside ARCH Capital.
SGX adds Jefferies SG as new Issue Manager
It has more than 40 offices globally and offers services including investment banking.
4–storey B1 industrial building along Ubi Road on sale via EOI
The EOI closes on 19 June.
Zurich appoints new heads for Property and Financial Lines in Singapore unit
Both have leadership experiences.
Asian Pay TV Trust’s profit after tax falls 47.1% YoY in Q1
Total revenue decreased by 6.5% YoY to $59.4m.
IREIT Global launches $85m green bond offering
Proceeds will fund the Berlin Campus repositioning into Project RE:O.
Prime US REIT NPI down 14.9% in Q1 2025
Revenue also dropped 9.4% to $43.74m.
BRC Asia net profit up 9% to $42.1m in H1 2025
Revenue for the period fell 6%.
Food Empire revenue up 16.3% in Q1
Southeast Asia overtakes Russia as top market.
Commentary
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Singapore’s small exporters need credit that matches their payment cycle
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F1 on a gravel road: Why AI is still stuck in first gear
Why AI blocklists give Singapore firms a false sense of security
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