News
Social pressures drive financial misreporting in Singapore
Social pressures drive financial misreporting in Singapore
The highest misreporting rates are in the Philippines (47%) and Indonesia (45%).
Chartered Accountants rank second-most trusted in Singapore
Globally, 83% trust Chartered Accountants, ranking the profession third after doctors and engineers.
Four freehold property portfolio launched for sale at $78m
All four properties are currently tenanted and benefit from features including corner frontages.
Singapore, Egypt to sign deals on health, food, and enterprise
The MoU will cover areas such as non-communicable diseases, hospital information systems, amongst others.
Mapletree sells DC-area warehouses for $102.6m
The properties total 576,852 sq. ft. and were 90% leased.
SIA, Vietnam Airlines to launch codeshare flights in late October
SIA will place its code on Vietnam Airlines–operated flights between Singapore–Hanoi and Singapore–Ho Chi Minh City.
Amogy and A*STAR to explore ammonia-to-power opportunities in Singapore
This will support the city-state’s 2030 green plan.
Core and headline inflation eases in August
However, every month headline inflation surged 0.5% in August.
Ang Hao Yao raises AsiaMedic stake to 5.046%
Ang now holds 57 million voting shares in the company.
Aupen told to issue correction notice over trademark posts
Founder Nicholas Tan claimed that IPOS told him not to pursue a trademark dispute with Target.
Mooreast, China's CCCC partner on floating offshore renewable energy
Both will also explore ways to create a supply chain for the offshore wind industry.
Aedge Group unit to acquire balance of Kallang Bahru property lease
The site has a land area of 2,652.1 square metres and a built-up area of 6,617.9 sq. m.
Khong Guan forecasts net loss for FY 2025
The group attributed this to doubtful debts and its performance in Malaysia and Singapore.
Southern Alliance Mining expects higher net loss in FY 2025
This was mainly due to a lower average realised selling price as iron ore prices softened.
Keppel, KAIF to divest majority stake in 800 Super to Actis in $600m deal
KAIF sells 48% and Keppel sells 32%.
Keppel DC REIT to buy 98.47% stake in Tokyo Data Centre 3 for $707m
This increases its Japan’s share of assets from 4.3% to 16.4%.
iWOW Technology sells 15 million new shares to key investor
About $2m of the gross proceeds will be used to expand the business.
Commentary
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