News
Link REIT clarifies position on possible spin-off of regional properties
Link REIT clarifies position on possible spin-off of regional properties
Studies on potential deals do not guarantee any transaction.
Gov’t seeks feedback on proposed amendments to the debt repayment scheme
The law is looking to criminalise firms exploiting the scheme.
DBS surpasses US$100b market cap
The bank’s market cap is over S$129.35b according to data from the SGX.
Job security must come with mobility, NTUC president says
Singapore has established the Singapore Economic Resilience Taskforce in an effort to future-proof workers.
Elite UK REIT to raise $5.8m via private placement
This is to acquire three freehold properties located in the United Kingdom.
Elite UK REIT acquires three new properties for $16m
The properties generate gross rental income of $1.4m annually.
Digital Edge, B.Grimm Power to develop AI-ready data centres in Thailand
The 100-megawatt Eastern Economic Corridor project will offer high-density colocation.
SGX securities market turnover up 1% YoY to $26.9b in May
SDAV rose 6% YoY to $1.3b.
SingPost sells entire 4PX stake to Cainiao for $97.5m
It now holds no interest in 4PX.
Grab denies acquisition talks with GoTo
Danantara also denied involvement.
IFA recommends GEH delisting, deems OCBC’s offer ‘fair and reasonable’
GEH’s shares have been suspended since 15 July 2024.
FairPrice brings 50 new Thai products to Singapore
The company also kicked off its Thailand Fair across 100 FairPrice outlets.
Income Insurance announces Chairman Ronald Ong's retirement
Ong has served on the Board since 2018, taking on the role of its chairman in 2019.
ISOTeam launches $20m multicurrency commercial paper facility programme
It will be listed on the SDAX Platform operated by SDAX Exchange.
Singapore Energy Interconnections, Kim Heng ink MoU on submarine power projects
The MoU will remain in force until 1 June 2028.
S’poreans favour ethical AI use in financial advising: report
Nearly 3 in 4 agree that financial advisors should be allowed to use AI.
Daily Markets Briefing: STI up 0.21%; Top stock is DFIRG USD
DFIRG USD is the top stock with a 5.26% increase.
Commentary
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F1 on a gravel road: Why AI is still stuck in first gear
Why AI blocklists give Singapore firms a false sense of security
When scale arrives before proof: Singapore’s capital allocation question in Southeast Asia