News
Keppel to sell M1’s telco business to Simba Telecom for $1.43b
Keppel to sell M1’s telco business to Simba Telecom for $1.43b
Keppel will receive about $1b for its 83.9% stake in M1.
CapitaLand Ascendas REIT to invest $350m in UK logistics land acquisitions
The sites are located in Manton Wood and Towcester.
COTD: Strata office sales hit $699.6m in H1
The average unit price fell 3.2% to $2,787 per square foot.
Thomson Medical Group warns of FY2025 loss
The decline is attributable to higher interest expenses.
Sri Tang Gloves’ profit drop by nearly 80% in Q2
This was attributed to the US’ reciprocal tariffs.
Lion-OCBC Low Carbon ETF gains traction among young investors: report
The ETF has delivered a total return of 49% as of August 6, including a 13% annualised return since its debut.
Ascott signs deal to manage five-star hotel in Johor Bahru
It will offer 207 rooms and target both short- and long-stay travellers.
Daily Markets Briefing: STI down 0.43%; Top stock is DBS
DBS is the top stock with a 1.99% increase.
Nibertex raises $9.45m in Series A round led by TNB Aura
The investment marks TNB Aura’s first major deployment in the Philippines.
Tuan Sing swings to H1 profit on $19.2m
Revenue fell 34% YoY to $70.3m due to muted operational performance across its core business segments.
Singapore banks adopt cautious H2 outlook: CGS
Slower loan growth and higher credit risk are expected to weigh on performance, the firm said.
SG tech firms face risks from 100% US semiconductor tariff
Intel’s US investments may ease tariff impact.
Gov’t pilots initiatives to enhance Boat Quay vibrancy
Starting from 18 August 2025, applicants may submit proposals for new bars.
COTD: GenAI adoption gaps emerge in key demographic groups
On a weekly basis, the 18 to 24 age group logged the highest Gen-AI use at 79%.
Singapore a vital hub in global financial landscape, NYSE says
NYSE congratulated Singapore on its 60th National Day.
Far East Orchard’s attributable profit up by 7.5% YoY in H1
The group’s revenue and operating profit declined by 6.1% and 14.4%, respectively.Far East Orchard reported that its attributable profit for the first half of 2025 was $19.6m, an increase of 7.5% year on year (YoY).
MSCI launches two new data and analytics solutions
More than half of stakeholders said that they face difficulties finding attractive deals.
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