Singapore
Singapore new home sales drop for the second month in May
Home sales plunged to a record low for the month of May since 2008.
Singapore-based biotech firm ArrowBiome raises US$1m in seed funding
The firm looks to tap the booming global market of skincare.
CapitaLand adopts CaaS systems in three flagship commercial properties in Singapore
Raffles City Singapore will be the largest development in the city-state to have a CaaS model.
SingHaiyi-led JV to launch Sora at $2,180 psf
The luxury condo will be built on the plot of the former Park View Mansions.
GuocoLand’s Lentor Mansion cuts heat and energy costs with green features
Its solar panels offset energy consumption in common areas by 60%.
Daily Markets Briefing: STI up 0.13%; Top stock is Jardine C&C
Jardine C&C is the top stock with a 3.11% increase.
MAS and CAD probe Seatrium on potential links to Brazil corruption case
The potential offences include corruption, drug trafficking, and serious crimes.
Kuok Khoon Hong raises stake in Wilmar International to 14.1%
Kuok currently holds 880.1 million shares in Wilmar.
ST Engineering lands $100m in new ammunition orders from Europe
The orders comprise NATO standard 155mm and 40mm ammunition.
OCBC Digital Silvers Programme targets 10,000 “digitally shy” elderly
The bank kicked off the programme in 2024 with a carnival-style event at Bishan Community Club.
85 Singaporean companies included in Fortune’s SEA 500 rankings
Trafigura, Wilmar, Olam, Flex, and DBS all made it into the top 10.
Sabana REIT refutes claims bond issuance affects its internalisation process
Quarz Capital Asia alleged the bond issuance may jeopardise Sabana Industrial REIT financially.
DBS named as SEA’s most profitable bank
DBS ranked as the 10th largest company in terms of revenue in Fortune’s SEA 500 list.
OCBC’s final offer for Great Eastern squeeze out at S$25.6 per share
Closing date has been extended to 12 July.
Income Insurance in talks with Allianz over shares
The transaction is not, in any way, final.
Singapore ranks as 2nd most expensive city globally
Expensive housing, transportation, and goods drove up the city's cost of living.
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