News

F&B sales fall 2.3% YoY in June

All industry segments recorded month-on-month declines during the period.

FSL Trust profit sinks 56.6% to $970k in H1

It was due to the absence of a $950,000 vessel disposal gain.

CapitaLand Ascott Trust seals $134m Coliwoo Midtown acquisition

The deal is expected to close in the fourth quarter of 2026. 

Singapore retail sales growth accelerates to 4% in June

Sector valued at $4.2b as online transactions accounted for 16.4% of the total.

Auction listings reach 157 in Q2 amidst selective buying

Residential and industrial properties dominated overall listings.

UOB to divest asset management unit to AGI for $555m

The deal is expected to be completed in 2027.

Lakeside Towers seeks $350m in collective sale

Site could be redeveloped into up to 395 apartments next Jurong Lake Gardens.

DBS’s Q2 2026 profit climbs 9% driven by higher fee income

The bank said fee income remained close to record levels.

DBS targets small firms’ technology gaps with free support

The package includes onboarding workshops, sector advice and access to artificial intelligence tools.

Daily Markets Briefing: STI down 0.55%; Top stock is Keppel DC REIT

Keppel DC REIT is the top stock with a 3.20% increase.

Analysts flag muted interest in Berlayar Drive tender

Consultants said developers may be growing more selective amid economic uncertainty and a wider choice of land.

More ageing sites may test en bloc market, but no frenzy seen: PropNex

MinLaw proposes tiered consent rules under amendments to the strata law.

All-Link to raise $20.1m in IPO debut

The group said its public offer shares were 4.85 times subscribed.