News
Ossia Capital forms subsidiary, buys $14m property
Ossia Capital forms subsidiary, buys $14m property
OSA 1 entered into a purchase deal with Santa Grand Investments.
Three Singapore leaders amongst Forbes list of world’s ‘most powerful’ women
These include Tan Su Shan, DBS CEO, Ho Ching, Temasek Trust chair, and Jenny Lee, Granite Asia senior managing partner.
Seatrium wins second order for Kingdom 4 jack-up rig
The repeat award brings the LeTourneau Super 116E Class series to its 45th global order.
Mapletree Commercial Trust to divest Festival Walk Tower offices for $328.1m
It is targeted for divestment in February 2026.
CapitaLand Investment closes second onshore sub-fund under RMB Master Fund
It is expected to add $271m (RMB1.48b) to CLI's funds.
Ever Glory United launches public offer of up to 2 million shares
The offer opens 11 December ahead of expected listing.
Singapore salaries are set to rise 3-5% through 2026
Companies that adopt skills-based hiring approaches and data-driven insights are better positioned to attract and retain talent.
Singapore consumers spend more as cautious habits still limit festive activity
Across Southeast Asia, travel is also the leading spending driver at 33%.
Daily Markets Briefing: STI down 0.03%; OCBC is most active stock
OCBC Bank is the top stock with a 0.85% increase.
41% of Singapore firms cut US investment amidst uncertainty
A third of these leaders have put a major halt to major investment decisions
Harneys signs eight-year lease in Hongkong Land tower
Harneys is also a returning tenant.
UltraGreen.ai director buys 180,000 shares for $250,200
A lead independent director acquires 180,000 shares through UBS-managed trust.
Three new companies added to iEdge Singapore Next 50
The updated index will take effect on 22 December.
LMIR Trust seeks $63m in renounceable rights issue
A rights issue of 9.005 billion new units has been proposed.
Acrophyte Hospitality sells Hyatt Place Detroit Livonia for $10m
The divestment frees capital for Acrophyte to reduce debt or acquire new property.
Hiring sentiment for Q1 2026 softens to lowest in three years
Conditions for Q1 2026 have weakened to +15%, the lowest level since Q1 2022.
Gov't pledges $37b for RIE2030 to advance innovation, economic growth
It will start its billion-dollar investment in April 2026.
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