News

Office vacancy hits region-low at 3.3% as AI firms fuel demand

Prime rents rose 1% quarter on quarter and 2.7% year on year.

Hongkong Land’s Singapore fund to acquire $1.1b Wheelock Place

SCPREF’s AUM to rise to $9.4b from $8.2b upon completion. 

MPACT Q1 DPU dips 2.5% as overseas weakness offsets growth

Singapore NPI rose 1% on higher contributions from VivoCity.

Seatrium H1 profit more than doubles to $373m

Revenue rose 4.7% to $5.6b as gross margin improved. 

CBD office vacancy falls to 5.6% as rents hit record

Grade A rental growth forecast lifted to 5% as vacancy hit its lowest since Q3 2022.

Jardine Cycle & Carriage net profit slips 2% to $464m in H1

The group sold stakes in Vinamilk and Toyota for $240m and $187m, respectively. 

CAAS awards Thales contract for new air traffic management system

System includes AI-based aircraft arrival and departure sequencing.

MPA completes 1,092-panel solar project at Marina South Pier

System can generate up to 780,000 kWh of electricity annually.

Freehold Pasir Panjang property launched for EOI at $70m

The site could be redeveloped into about 63 boutique homes.

FWD launches MultiCover CI as cancer survival reaches 61%

Mortality declined to 72 deaths per 100,000 people during 2019 to 2023.

Great Eastern Q2 2026 profit surges 103% to $392.5m

Shareholders will receive an interim dividend of 35 Singapore cents per share on 28 August.

Sheng Siong’s H1 profit rises 11.9% to $81m as new stores lift sales

The board declared an interim dividend of $0.0375 per share.

FLCT posts 8.2% rental reversion in Q3 FY2026

Portfolio occupancy was 96.1% as at end-June.

Singapore Airlines named most attractive employer for 2026

It rated highly for its reputation, technology and innovation, and leadership.

EGP Energy raises $30.6m in SGX debut

Proceeds will support new capabilities and expansion into Malaysia and Indonesia.