News
First Resources sells West Papua subsidiaries
The subsidiaries had debts of $103.3m.
MKX, Zhidao, BYD tapped for $8.14m autonomous bus initiative
The consortium will supply the 16-passenger-seat autonomous buses.
CFM Holdings to propose adopting new constitution
The proposed adoption is subject to the approval of the shareholders.
GS Holdings incorporates new subsidiary
Principal activities include the management and licensing of intellectual property.
COTD: Prime retail rents up by 0.3% QoQ in Q3
Suburban prime malls also saw rents grow 0.3% QoQ.
UOL completes Thomson View condo sale
The development houses 200 apartments.
Commercial site at Changi Road up for sale for $38m
The site has a total strata area of approximately 13,520 square feet.
Singapore set to remain fastest-growing private wealth hub in next 5 years
Bloomberg Intelligence said Singapore “retains a unique edge with deep Southeast Asia connectivity."
GDP forecast raised to 1.5–2.5% on easing inflation, lower rates
Q2 2025 GDP growth at 4.4% YoY, with inflation at 0.8% and unemployment at 2.1%.
M&A value rises 7.1% to $69.7b in first nine months
By deal direction, target-Singapore activity jumped 31.3% to $29.39b.
Equity capital market sees strongest YTD issuance since 2021
By sector (issuers), Real Estate led with $3.48b, accounting for 46.3% of the proceeds.
Singapore bond issuance hits record $44.6b in first nine months
DBS Group Holdings, UOB, and DBS Bank each issued $2.59b.
Nanofilm CEO’s son steps up as General Manager
He will oversee operations and support the company’s business plans.
Sports and music lead event travel choices in APAC, survey finds
The F1 Grand Prix is the standout event that travellers would cross borders to attend.
Singlife partners Fullerton to expand investment offerings on GROW
GROW will serve as a key wealth platform for Fullerton’s investment solutions.
Gamuda wins $1.01b land tender in Singapore
It will comprise up to 875 residential units.
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