News

DBS sees rotation into S-REITs as yield gap widens

Lower SORA, rental growth and refinancing savings will likely support H2 distributions.

DBS raises STI year-end target to 5,850 after earnings lift

Further market gains are expected to depend on corporate earnings.

Daily Markets Briefing: STI up 0.59%; Top stock is City Developments

City Developments is the top stock with a 2.14% increase.

SP launches job redesign toolkit to support CORENET X adoption

The toolkit helps companies redesign roles, address skills gaps, and develop training plans.

Property investment turnover jumps 49% in Q2 on larger deals

Investors are directing more capital towards core office assets.

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.

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.