Singapore
Keppel acquires AI-ready Tokyo data centre
Keppel acquires AI-ready Tokyo data centre
The data centre has a gross floor area of over 300,000 sq ft.
Singapore captures 53% of APAC fintech funds in 9M
It raised US$745m.
Singapore and the UK collaborate on AI safety standards
The parties will share policies.
Bahrain draws US$100m Singapore investment
Firms invested in Bahrain’s finance, ICT, and tourism sectors.
Ant International streamlines AI for secure, cost-effective cross-border transactions
The initiative is designed to help merchants.
APIX and SBI launches innovation hub for startups
It aims to drive financial innovation and digital transformation.
Visa and Tencent pilot palm payments in Singapore
The pilot will involve DBS, OCBC, and UOB Visa cardholders.
AsiaPhos expects Q3 and 9M 2024 recovery
The sale of subsidiaries helped push AsiaPhos toward a rebound.
DBS’ Q3 2024 net profit climbs 15% YoY
Total income rose 11% YoY.
Ascent Bridge Limited warns of H1 FY25 loss
The decline in duty-paid domestic sales contributed to the loss.
Sin Heng Heavy Machinery to acquire shophouse for $2.78m
The company will acquire the asset from BMAGR.
Acrophyte Hospitality Trust’s NPI down 4.0% YoY in 9M 2024
The decline was attributed to recent divestments and asset enhancement initiatives.
Cohen & Steers buys 722,400 Digital Core REIT shares for US$437m
The acquisition increased Cohen & Steers’ stake in the REIT to 8.01%.
KSH Holdings warns of net loss in H1 2025
The company attributed the loss to losses from property development projects of associates and joint ventures.
F&B sales up 1.6% YoY in September
Total sales value reached $978m.
Private resale prices may rise as housing stock declines, says expert
Condo completions will decline to around 5,300 units in 2025.
3 factors poised to lift retail sales into Q1 2025
In September, retail sales grew by 2% YoY.
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Commentary
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