News
Daily Markets Briefing: STI up 0.33%; Top stock is HongkongLand USD
HongkongLand USD is the top stock with a 2.28% increase.
DBS acquires 900,000 CLAR shares, raising stake to 0.984%
The acquisition also boosted Temasek's deemed interest in CLAR.
Grand Banks Yachts' net profit up 95% YoY to $5.4m in Q1 FY25
It also reported improved revenue.
Stamford Tyres founder Wee Kok Wah passes away at 78
He served as managing director and company president for about 50 years.
Mapletree Logistics Trust’s NPI falls 2.1% YoY to $158.6m in Q2 FY24/25
The trusted cited three reasons for the decline.
Changi Airport’s passenger traffic rises to 16.8 million in September
It rose by 10.0% YoY.
Eight in 10 SG firms improve MTTR since adopting observability
However, only 10% achieved full-stack observability adoption rates.
Oil spill near Bukom Islands expected to be cleared in days, monitoring ongoing
As of 22 October, there were no other oil sightings at sea and ashore.
4 industrial units at Redhill hit the market for $4.55m
The site has a total of 6,049 square feet.
UOB issues three-year $923.9m bond
The company will apply for the bond to be listed on SGX.
JTC, VFT, Advario sign MoU for energy storage in Jurong Island
It aims to optimise the storage of excess electricity from renewables.
Keppel REIT's distributable income dips 1.9% YoY to $160.6m in 9M24
It attributed the decline to higher borrowing costs.
Parkway Life REIT raises $180m in oversubscribed private placement
It will use part of the proceeds to fund the acquisition of 11 nursing homes in Europe.
Keppel Pacific OAK US REIT’s NPI dips 8.8% YoY on higher financing costs
The REIT's lower NPI also contributed to the decline.
OUE unit to issue $50m green notes at 4% due 2029
These new notes will be consolidated with the existing $150m green notes issued on 8 October.
CapitaLand Ascott Trust divests Tianjin property at above book value
After the divestment, CLAS will only have four properties in China.
Commentary
Singapore’s small exporters need credit that matches their payment cycle
The hidden realities of succession for next-gen heirs
In Asia, fintech leaders must compete on credibility
F1 on a gravel road: Why AI is still stuck in first gear
Why AI blocklists give Singapore firms a false sense of security
When scale arrives before proof: Singapore’s capital allocation question in Southeast Asia
Rethinking fleet ownership in a changing business landscape
Beyond the chips: The materials behind Singapore’s AI infrastructure
How homegrown brands are redefining premium in Asia
AI in hospitality: Where should Singapore’s F&B operators draw the line?