News

Retail rents ease in Singapore’s core, down 0.6% after gains

Meanwhile, prices of retail rents rose 2.2% in Q1.

CapitaLand Trust delivers strong first quarter, income up 7.9%

The group’s retail portfolio also achieved a positive rent reversion of 4.4%.

Frasers Centrepoint Trust delivers 1.4% YoY growth in H1 DPU

Distribution to unitholders totalled $125m, up 13.6% YoY.

Inflation accelerates to 1.8% in March on transport, retail and services costs

Core inflation and CPI-All Items inflation are expected to average 1.5% to 2.5% in 2026.

Singapore grid strain lifts curtailment, raises reliability risk

Solar growth and import plans expose storage gaps and grid limits.

Singapore doubles billionaire count to 63 in just five years

This places Singapore amongst the world’s top 10 for projected five-year UHNW growth.

Singapore firms loosen AI controls amid security gaps

Delinea flags machine-identity blind spots.

Daily Markets Briefing: STI down 1.17%; Top stock is ThaiBev

Thai Beverage Public Company Limited is the top stock with a 3.66% increase.

VICOM taps Chung Tying Chun as deputy CEO; CFO to retire

Chung is currently the CEO of Setsco Services Pte. Ltd.

Keppel Q1 net profit dips amidst weaker real estate performance

Recurring income rose slightly on higher operating income and stable asset management profits.

COE premiums exceed $120,000 as demand beats supply

Vehicle entitlement auctions show persistent gaps between available units and bids.

Kin Global IPO sees demand rise fourfold ahead of SGX listing

It received heavy retail response with public tranche oversubscribed at 29.5x ahead of debut.

Rare freehold site at 30 Mount Elizabeth hits market amidst luxury shortage

Ultra luxury demand rises whilst freehold land pipeline tightens around Orchard corridor.

OKP stands by ‘big cash pile’ strategy despite $588m order book security

The board argued that cash reserves are a structural requirement of the business.

MPA and PSA open call for autonomous feeder vessel trials in live port corridors

Singapore opens inter-terminal routes for unmanned container vessel operations.

PwC Singapore injects $4m in global trade advisory hub

The fund focuses on advisory tools to help firms assess regional growth impacts.