News

SingPost CEO resigns

The group COO will assume more responsibility for the group.

H1 2025 sees strong business confidence in most sectors: report

Meanwhile, the F&B and the transportation and storage sectors are less optimistic.

Daily Markets Briefing: STI down 0.7%; Top stock is Wilmar Intl

Wilmar Intl is the top stock with a 1.28% increase.

Singapore auction listings rise, but sales lag in Q4 2024

Auction sale listings surged by 47.7% QoQ to 127 in Q4 2024.

SATS’ WFS expands with Menzies World Cargo acquisition in Netherlands

The acquisition will expand WFS’ warehouse capacity to more than 50,000 sq m at Amsterdam’s Schiphol Airport.

CapitaLand Ascott Trust acquires Tokyo and Kanazawa hotels for $178.5m

The acquisition price represents an 8.3% discount on the independent valuation.

SG, UNDP sign MoU on people-centred urban tech innovation

It aims to harness the potential of people-centred urban technologies and innovation.

Service sector expects an increase in hiring activities in Q1

The sector also foresees higher revenue for the quarter.

CBD Grade A office vacancies reach six-year high: Savills

This surge is due to the completion of IOI Central Boulevard Towers.

No reason to believe DeepSeek obtained chips from Singapore: report

The company said its Singapore shipments were insignificant.

Tan Boon Liat building seeks $1.15b in collective sale

It is located atop Havelock MRT Station on the Thomson-East Coast Line.

CCCS grants conditional approval on SIA, Lufthansa joint venture

The applicants commit to maintaining seat capacity on an aggregated basis.

Aelios lowers Suntec REIT offer price after Q4 2024 distribution

The offer price will be reduced from  $1.19 to $1.1743 per unit.