News
Chin Mun Chung is OxPay SG's new COO
Chin Mun Chung is OxPay SG's new COO
He will be responsible for the overall direction, development, and operations of OxPay SG.
Centurion’s revenue climbs 13% YoY in Q1
It was driven by healthy financial occupancies and positive rental revisions.
PropNex launches tender for two Devonshire freehold homes
The properties will be offered collectively at a guide price of $14m.
Mapletree Logistics Trust completes divestment of 1 Genting Lane warehouse
The property was announced for sale on 16 December 2024.
Kimly’s net profit down by 15.6% to $14.8m in H1 2025
The group has declared an interim dividend of $0.01 per share.
SingPost’s underlying net profit falls 40.3% YoY in FY 2025
Revenue stood at $813.7m, reflecting a 7.5% YoY decrease.
Sasseur REIT’s rental income up 1.6% YoY in Q1
The Reit's portfolio sales declined 0.9%.
Sea Limited posts $534m profit in Q1
It reversed a year-ago loss of $30m.
Frasers Property to privatise Frasers Hospitality Trust at $0.71 per unit
The offer price is 28.6% to 56.8% above FHT’s historical net asset value multiples.
Singapore Airlines to move all operations at Changi Airport T5
It will serve 50 million passengers annually.
Singapore life insurance industry sees 10.9% growth in Q1 2025 premiums
The growth was led by the double-digit increase in annual premium policies.
Tech spending to rise 5.6% to $25.5b in 2025
This expansion is fuelled by the city-state’s rapid adoption of artificial intelligence across sectors.
Singapore founders want family succession but lack planning: report
81% of Singapore’s entrepreneurs want to keep their businesses in the family.
Mapletree acquires Joliet site to expand US logistics reach
The site is located near the I-80 and I-55 interchange and offers access to the Joliet Intermodal Center.
Private rents rise 0.4% as demand rebounds in Q1
Across the board, rents climbed in all market segments.
HDB rental volume jumps 12.3% as activity rebounds in Q1
The number of approved applications to rent out HDB flats jumped by 12.3% to 9,662 units in Q1 2025.
Daily Markets Briefing: STI down 0.32%; Top stock is ST Engineering
ST Engineering is the top stock with a 1.41% increase.
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