Singapore

MAS, partners ink MOU on blended finance partnership for energy transition

The parties aim to raise up to $2.7b in concessional and commercial capital. 

CLCT divests CapitaMall Shuangjing for $157.8m

Upon divestment, CLCT's portfolio will comprise 19 properties.

49,000 construction jobs created in 2023: report

Engineers were the most in-demand in the industry this year.

Succession: Entrepreneurs reveal their preferred choices for wealth allocation

Singaporean investors are more likely to invest in future businesses.

Singapore’s retail sales to rebound on year-end festivities, concerts: expert

Retailers can look forward to more spending this holiday season.

Analysts mixed on December BTO exercise

HDB launched 6,057 new BTO flats for sale.

What are the most sought-after Christmas gifts in Singapore?

The top item saw an 186% spike in Google queries in December.

Nio widens net loss by 10.8% YoY to $861.26m in 3Q23

Compared to 2Q23, the company’s net loss was cut by 24.8%.

ST Telemedia to skip $350M perpetual securities redemption on January 2024

The distribution rate of securities will remain at 5.00% per annum.

Seatrium names Adrian Teng as new CFO

Teng will begin his duties as CFO on 1 January 2024.

Singtel to develop new generation AI data centres

These data centres can handle higher power-density AI workloads.

F&B sales growth eases to 2.4% in October

In September, F&B sales grew 6.9% YoY.

Retail sales drop 0.1% YoY in October

Month-on-month, sales fell by 0.8%.

Digital wealth platform Endowus partners with Brookfield Oaktree Wealth Solutions

Brookfield has US$850b in AUM whilst Oaktree has US$183b in AUM.