News
Commercial real estate investment investment surges 238% to $23.3b in H1
Commercial real estate investment investment surges 238% to $23.3b in H1
Major acquisitions involving Paragon and Asia Square Tower 2 anchored the city-state’s second-quarter investment activity.
Daily Markets Briefing: STI up 1.03%; Top stock is DFI Retail
DFI Retail is the top stock with a 3.71% increase.
CGS International debuts first ETF tracking Singapore Next 50 Index
It is expected to list on the SGX Main Board on 3 September.
Keppel hits $2b monetisation target after Vietnam project sale
The project was sold for $343m.
IREIT Global net property income dips 5.1% in H1
Portfolio occupancy, however, improved to 94.4%.
CapitaLand Ascendas REIT H1 NPI rises 6.2% to $556m
Acquisitions and Australian gains lift gross revenue 6.7% to $805.5m.
Private home leasing activity rises 5.1% in Q2
The increase was led by higher leasing activity in the non-landed segment.
CSE Global books $199.1m in new orders in Q2
Its communications segment was the largest contributor.
TAP enters JV to redevelop freehold Bukit Timah site
The site spans approximately 1,004 square metres.
Acrophyte Hospitality Trust suspends distributions to fund $128.09m renovation backlog
The trust had deferred hotel renovations since 2020.
Success of local, global firms key to economy: Minister Siow
MOF ready to add resources as firms tap nearly $2b in yearly SME support.
Maybank Singapore joins MAS cross-border settlement initiative
The company's tokenisation efforts support its ROAR30 $3.2b digital investment.
Grab pilots AI phone service for ride bookings
Service completed 1,000 pilot calls before rolling out phone ride bookings.
SingHealth, MY’s KPJ Healthcare partner in cross-border medical push
Initial activities will include fellowships and specialist attachments.
F&B sales fall 2.3% YoY in June
All industry segments recorded month-on-month declines during the period.
FSL Trust profit sinks 56.6% to $970k in H1
It was due to the absence of a $950,000 vessel disposal gain.
CapitaLand Ascott Trust seals $134m Coliwoo Midtown acquisition
The deal is expected to close in the fourth quarter of 2026.
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