News
Thomson Medical Group OKs acquisition of Vietnam’s FV Hospital
Thomson Medical Group OKs acquisition of Vietnam’s FV Hospital
The acquisition costs $517.1m (US$381.4m).
Dasin Retail Trust mulls disposal of retail malls as part of debt restructuring
In FY22, the trust’s net loss widened to $221.5m.
Malaysia to seek proposals for development of Kuala Lumpur-Singapore high-speed rail
Earlier this year, Singapore said it is open to proposals from Malaysia about the project.
Tax collected from properties rises 9.1% to $5.1b in FY22
Huttons Asia attributed the increase to two factors.
Daily Markets Briefing: STI up 0.29%; Frasers L&C Trust is top stock
Frasers L&C was trading at 1.63% up.
Is AI a friend or a foe to Singaporeans?
Four in 10 fear AI will replace their job in the next five years.
Cyber Security Agency of Singapore renews collab with FS-ISAC for cybersecurity efforts
It will improve information sharing and cyber exercises.
EMA awards grants to 3 local energy startups
The startups that received the grant were Power Facade, Ampotech, and EtaVolt.
Four adjoining new F&B, retail units for sale
The indicative price for Tedge Retail is $18m.
Katong Shopping Centre for sale for $638m
Submission of offers ends on 14 August at 3 pm.
Average private rentals for 3-bedroom down 3.2% MoM in May
But year-on-year, rents for this category grew 17.8%.
EC World REIT extends long stop date for divestment of 2 assets in China
As of date, only RMB333m out of RMB1.4b equity consideration has been prepaid to EC World REIT.
ComfortDelgro unit to distribute China-made EVs in SG
The EVs are manufactured by ChangAn KuaYue.
Keppel bags US$70m worth of EaaS contracts in Vietnam
The company inked contacts with Republic Holiday Inn amongst others.
SIAEC, Eaton form maintenance, repair and overhaul JV in Malaysia
Forty-nine per cent of the JV’s shares will be held by SIAEC.
Almost half of Singaporeans work 10 unpaid hours a week: report
Singapore has the second-highest number of unpaid hours worked in Asia-Pacific.
OCBC, Ascenda to offer more transfer options for rewards currencies
It is now available to OCBC customers holding Travel$, Voyage Miles and OCBC$ rewards balances.
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