News

JLL launches Gilstead Court collective sale at $198m reserve price

JLL launches Gilstead Court collective sale at $198m reserve price

The freehold District 11 site has secured over 80% owner consent in six months, with the tender closing 13 October.

Singapore and Brazil to establish green and digital shipping corridor

The shipping corridor will pair Singapore's bunkering strength with Brazil's renewable energy resources.

Westlite wins $221.67m JTC dormitory tender at Lok Yang Way

The 5,000-bed site at Lok Yang Way carries a 30-year tenure and is expected to be completed in 36 months.

Frasers Property shareholders back hospitality assets optimisation

The approval gives Frasers full ownership of Fraser Suites Singapore and enables Valley Point redevelopment.

GuocoLand's net income falls 11% to $95.2m on China property losses

Revenue fell 25% to $1.43b in FY2026 as residential projects in Singapore remained in early construction.

ISCA's AI fluency programme draws 15,000 sign-ups in two months

The programme aims to upskill 60,000 accountancy and finance professionals over three years.

ComfortDelGro JV wins $3.4b Copenhagen Metro contract

The 12-year contract covers four lines, 44 stations and 43km of track, pushing the firm's rail network past 420km.

Import prices rise 13.5% as oil costs climb

Export prices were unchanged on a monthly basis but increased 13.1% from a year earlier.

Manufactured-product prices jump 35.5% in July

The increase accelerated from June as petroleum and electronic-component prices rose.

Daily Markets Briefing: STI up 0.28%; Top stock is Wilmar International

Wilmar International is the top stock with a 1.06% increase.

Monday Wrap: Property buyers get pickier, inflation risks build, banks face Gulf fallout

Prime property gains favour as buyers turn selective, whilst higher costs and Middle East risks cloud the outlook.

ACRA, SID to open registration for two-phase director training in October

The CDF programme comprises six free and four paid modules.

Aedge Group posts $2.4m profit on all-segment growth

Its Engineering Services led the growth, driven by contract wins.

Singapore leads global travel insurance coverage at 86%

They are also amongst the world’s highest-spending travelers, with an average budget of $2,818.

New government standard sets guidance for tropical data centre liquid cooling

The SS 726 covers system design, commissioning, and risk management.

About $33.2b set to flow into SG’s living sector

It ranked as the third most-preferred investment destination in APAC.

Business services receipts rise 25.5% to $1.58t in Q2

Excluding wholesale trade, receipts grew 15.5% to $263b.