News
Finance and pharma drive Singapore CBD office demand
Finance and pharma drive Singapore CBD office demand
Premium space consolidation and limited new supply sustain rent growth.
Coliwoo to raise $101m in IPO
Residential project aimed to be added to firm’s 4,000-room, 25-site portfolio.
mm2 Asia asked to repay SingLand Mall over $794,000 in rental, other charges
The company is currently seeking legal advice.
Nanofilm posts 26% revenue increase in 9M
Accessories and wearables and engineering materials drove growth. Nanofilm Technologies International Ltd (NTI) recorded revenue of $179m in the first nine months, an increase of 26% YoY, driven by stronger performance in its advanced materials (AMBU) and industrial equipment (IEBU) business units.
Meranti Power launches 682-MW hydrogen-ready OCGT facility on Jurong Island
This has the capacity to power over a million four-bedroom HDB homes.
SMEs lack clarity and funding for AI adoption
IPI Singapore says unclear goals and limited resources hinder SMEs from scaling digital transformation.
SGX RegCo implements key reforms to equities listing framework
SGX RegCo has also launched a new public consultation on proposals to consolidate listing review responsibilities.
NTU and Activate Global launch $12m deep-tech fellowship
Over the next three years, the program will support up to 20 fellows and 20 co-fellows.
DBS and Goldman Sachs complete first interbank OTC crypto options trade
Industry observers say this could accelerate the development of an interbank market for crypto derivatives.
QAI Ventures launches QuantumAI accelerator with Enterprise Singapore
Selected teams will enter a five-month accelerator program featuring mentorship, masterclasses, and a demo day.
Auction listings rise 10% QoQ to 132 in Q3
By property type, residential listings made up the majority at 77 (58.3%).
Daily Markets Briefing: STI down 0.23%; Top stock is Mapletree Logistics Trust Limited
Mapletree Logistics Trust Limited is the top stock with a 2.26% increase.
Asset manager Lighthouse Canton to invest $1.5b in India: report
It’s $1b in private credit and $500m in real estate over the next 3-4 years.
First REIT cites weak foreign exchange rates for 9M income drop
The firm’s investment decreased to $1.07b from $1.12b due to weakening Rupiah, Yen against Singapore Dollar.
JTC opens Pejuru Road site for three-year lease tenure
The lot is confirmed under the government land sales programme.
Keppel REIT posts $204.5m net property income in 9M
This is thanks to contributions from the firm’s Sydney, Australia portfolio.
Singapore’s focus areas for a resilient energy grid
New technologies are being developed for a sustainable grid.
Commentary
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