News

SEEDS appoints 20 new partners to drive $300m deep tech investments

SEEDS appoints 20 new partners to drive $300m deep tech investments

It will set aside $150m over the next three years to drive another $300m through its private sector partners.

Gov’t not expecting to be on US direct tariffs ‘hit list’

However, it said Singapore will be impacted indirectly if there is any friction.

Nearly 90% of Singapore banks lose clients due to onboarding delays

Singaporean banks have been experiencing the highest client losses worldwide due to Know Your Customer (KYC) inefficiencies. 

Keppel’s FY2024 net profit rises 5% YoY to $1.06b

The infrastructure segment contributed 63% of Keppel’s net profit.

FLCT maintains 94.3% occupancy with positive rent reversions in Q1 2025

FLCT reported 175,000 sq m of active leases and renewals in Q1 2025.

Singapore’s solar deployment reaches 1.35 GWp as of June 2024

Its current capacity is able to meet 2% of total energy demand.

Natural Cool Holdings to sell Kaki Bukit property for $1m

The group is expected to book a net gain of $168,000 from the sale.

CapitaLand Malaysia Trust expands in Johor with $21.97m acquisition

The group will acquire three freehold industrial properties.

CapitaLand China Trust net property income dips 5.8% in 2024

This is despite the 13.7% growth from three malls that were refreshed.

CapitaLand Ascott Trust CEO acquires 500,000 more shares

Her stake in the company increased to 0.018%.

Parkway Life REIT inches up DPU by 1% in FY 2024

 Revenue for the period stood at $145.3m.

Gold investment surges 22% in 2024 as safe-haven demand grew

The Monetary Authority of Singapore adjusted its gold reserves in 2024, with 10 trillion of gold sold.

Singapore retail sector poised for 2025 rebound amidst new attractions

In December 2024, retail sales declined by 1.5% MoM seasonally adjusted after a 2.8% drop in November.

DBS, OCBC, and UOB’s STI weight rises to 54.3% in 2024

 The three banks drove the STI’s 23.5% total return in 2024 but were outpaced by Yangzijiang Shipbuilding.