News
ShopBack debuts in the US, partners with over 2,000 merchants
Its US launch includes Amazon cashback, ShopBack Play, shipping rebates, quests, and auto-applied coupons.
Mirxes launches HK$1.08b Hong Kong IPO
The group is selling 46.62 million shares.
MAS proposes simplified IPO prospectus rules to ease listing process
It aims to provide more ways to reach investors.
Singapore Airlines passenger traffic up 4.8% in April
Passenger capacity also grew by 4%.
Singapore Airlines net profit up 3.9% YoY to $2.8b in FY2025
Revenue for the period also rose to $19.54b.
MTI sells three properties to Brookfield for $535.3m
Proceeds from the sale will first be used to repay debt.
Singapore businesses urged to act as inflation views split
44% expect inflation to rise, while another 44% expect it to fall.
Rently raises $3m to scale Asia presence
The funding round was led by impact investor Orange Bloom.
Singapore records $5.8b in real estate deals for Q1
Whilst this marks an 11.6% decline QoQ from $6.5b in Q4 2024, the figure represents a 38.4% YoY increase.
Office rents rise 0.3% as CBD demand holds firm
Office rents edged up 0.3% QoQ, ending two consecutive quarters of decline.
Warehouse rents edge up as industrial market steadies: report
Industrial property prices increased by 1.5% QoQ, supported by a 1.9% rise in multiple-user factory prices.
CBRE opens Marina Bay office to expand CBD operations
The move forms part of its broader growth and workplace strategy.
Digital wallets lead 39% of e-commerce transactions in 2024
The report projects that Singapore’s e-commerce market will reach $37.5b by 2030.
DBS, OCBC, and UOB’s STI weight rises to 52.1% in April
The three banks delivered an average total return of 107%.
Daily Markets Briefing: STI up 0.28%; Top stock is ST Engineering
ST Engineering is the top stock with a 1.95% increase.
EC World REIT net property income falls 53.7% in Q1
The group is currently looking to sell some of its assets to pay off debts.
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