News
MTQ’s profit sinks 59% YoY in FY25
It was due to lower revenue and other income recorded.
Digital Halo to join Partners Group in new acquisition deal
Partners Group plans to initially commit around $521m alongside ARCH Capital.
SGX adds Jefferies SG as new Issue Manager
It has more than 40 offices globally and offers services including investment banking.
Mermaid Maritime posts $7.7m profit loss in Q1
Revenue for the period rose 33% YoY.
4–storey B1 industrial building along Ubi Road on sale via EOI
The EOI closes on 19 June.
Zurich appoints new heads for Property and Financial Lines in Singapore unit
Both have leadership experiences.
Asian Pay TV Trust’s profit after tax falls 47.1% YoY in Q1
Total revenue decreased by 6.5% YoY to $59.4m.
IREIT Global launches $85m green bond offering
Proceeds will fund the Berlin Campus repositioning into Project RE:O.
Prime US REIT NPI down 14.9% in Q1 2025
Revenue also dropped 9.4% to $43.74m.
BRC Asia net profit up 9% to $42.1m in H1 2025
Revenue for the period fell 6%.
Food Empire revenue up 16.3% in Q1
Southeast Asia overtakes Russia as top market.
Sale of luxury non-landed units soars 63.6% QoQ in Q1
72 luxury non-landed units were sold during the period, the highest in two years.
Nearly nine in 10 plan to maximise summer holidays this year
77% are willing to choose a lesser-known destination.
Freehold commercial building in CBD up for sale at $88.8m
The tender will close on 26 June at 3 p.m.
Singapore companies boost ESG assurance with audit firms: report
Globally, 73% of large companies across G20 nations obtained assurance on at least some sustainability disclosures in 2023.
GDP forecast at 2% with downside risk in 2025: RHB
The economic outlook has become “increasingly fluid” due to mounting external pressures, the report noted.
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