News
Olam extends deadline for Namoi Cotton acquisition offer
Olam offered up to $0.62 per share for at least 90% stake in Namoi Cotton.
Three HDB shophouses, Peninsula Plaza strata office for sale
A 999-year strata office at Peninsula Plaza is also up for sale at $5.15m.
CLI’s data centre AUM reaches US$4.5b
APAC colocation market is projected to double in size and become the world’s largest by 2026.
DDEx’s digital token trade value triples in 5M 2024
Active trading clients have also grown by 36% during the period.
Acrophyte buys 19% stake in ARA H-Trust
Acrophyte AM has acquired both ARA H-Trust’s REIT manager and trustee-manager.
IRAS, MAS revise tax treatment of insurance reserves
Previously, reserves were non-deductible as estimates of contingent liabilities.
Frasers Property bags $904.1m green-linked loan
Proceeds will be used to repay existing debts and for working capital.
Two-storey shophouse at 532 Balestier Road up for sale via EOI
The property has a guide price of $8m.
Full strata office floor in Suntec City Tower 1 up for sale
The property is priced at $42.8m.
Money laundering risks in Singapore climb 79% in 2023: Moody’s
Tighter scrutiny sought for CSPs.
Over 40% of Singaporeans pay FX fees when travelling abroad: report
Majority of travellers still use cash, only about half use credit cards.
Singapore has the most shortest-serving CEOs in the world: report
The city-state ranked 118th out of 122 countries.
Hotel ADRs to outperform in 2024 with packed event calendar
April 2024 year-to-date Average Daily Rates was $288.
High-end rents rise 3% whilst mid-market rents decline
Affluent local families drove the High-end rent increase.
Emirates’ one year of premium economy in Singapore boasts 26,000 passengers
It is popular among Singapore travellers.
Daily Markets Briefing: STI up 0.65%; Top stock is Singtel
Singtel is the top stock with a 2.11% increase.
Read Here
Advertise
Sign Up
Commentary
Singapore’s tourism economy depends on security infrastructure most never see
Where does value creation really happen?
Managing the cost of diverging standards: Why Singapore matters
Singapore’s AI ambition has an intelligence problem
Singapore is deploying AI at speed – and security risks are catching up
Precious metal boom is a stress test for Singapore’s gold ambitions
Singapore’s global dispute fault lines
‘Tokenmaxxing’ – The wrong AI race to run in Singapore
To outsmart modern fraud, we must first know the enemy