News
Frasers Hospitality Trust reviews business strategy
Frasers Hospitality Trust reviews business strategy
There is no certainty that any change will materialise.
CDL raises offer to $2.20 for MCK
This is higher than its initial January bid of $1.76 (NZ$2.25).
Singapore, Fiji strengthen ties amidst global uncertainty
The two countries will deepen cooperation in trade, investment, and connectivity.
Green jobs rise 27% YoY in March: report
On a month-on-month basis, green job postings rose by 12%.
BRC Asia acquires 55% stake in Southern Steel unit for $18.2m
BRC Asia buys 12.88 million ordinary shares in Southern Steel Mesh.
CBD Grade A office vacancies decline in Q1
Average monthly rents of overall CBD Grade A offices in Savills' basket rose by 0.4% QoQ.
Azalea secures $344m for Altrium PE Fund III
With this milestone, Altrium's total assets under management have topped $3b (US$2.3b).
Keppel REIT’s net property income up 13.3% in Q1
Thanks to better property performance in the CBD.
Paragon REIT unitholders approves privitisation
The REIT is expected to delist on 6 June 2025.
Guocoland signs $51.4m JV with Hong Leong
The agreement is for the development of a land parcel at Tengah Garden Avenue.
Maybank, PUJB to aid SMEs in Johor-SG special eco zone
The partnership follows rising demand for Halal-certified services and products.
RHB downgrades Singapore banks to Neutral on weaker outlook
Banks are expected to feel pressure across several fronts, including lending, interest income, and non-interest revenue.
CGS cuts 2025 GDP forecast to 1.6% amidst tariff risks
The firm emphasised that Singapore’s ability to offer new concessions is limited, given its already liberalised trade framework.
Singapore sees 16% YoY rise in Q1 investments: JLL
Singapore recorded $2.8b (US$2.2b) in investments for the period.
Carousell says its users avoided 153,000 tonnes of carbon emissions in 2023
Carousell Group linked this to users choosing pre-owned over new items.
Nearly half of travellers aware of tourism’s impact on local communities
68% want their travel spending to benefit local communities.
Daily Markets Briefing: STI up 0.99%; Top stock is Seatrium Ltd
Seatrium Ltd is the top stock with a 4.26% increase.
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