News

Nam Cheong offloads ageing fleet in $48.8m vessel sale

Nam Cheong offloads ageing fleet in $48.8m vessel sale

The company divests older offshore vessels whilst reviving newbuild activity after a decade.

OUE REIT posts $57.6m Q1 NPI, up 8.4% on hospitality gains

Revenue rose 6.7% as hospitality gains 16.8% and office rents stay resilient.

MPA drives digital integration forward with OCEANS-X maritime data systems

Operators link internal tools directly into port clearance infrastructure.

SGX RegCo opens consultation on new disclosure standards for listed companies

The proposal sets requirements for IR policies, KPIs and dividend disclosures in annual reports.

Singapore's $100m maritime R&D roadmap set to drive industry innovation

The new roadmap will focus on autonomous ports, smart ships and energy systems.

Freehold 46-room Sims Avenue hotel hits market at $29.9m

Asset at 56 Sims Avenue priced at about $650,000 per room under EOI exercise closing May 20.

Savills lifts office rent growth view to 5%

CBD rents hit their highest since 2019.

Singapore proposes global GenAI testing standard

Benchmarking and red teaming guide under review.

Sea launches Singapore AI centre, targets 100 roles

The centre backs in-house models and Singapore hiring.

Daily Markets Briefing: STI up 0.22%; Top stock is CICT

CapitaLand Integrated Commercial Trust is the top stock with a 3.35% increase.

Autobahn-linked borrowers face bankruptcy, owe DBS over $110m

Autobahn Rent A Car directors were listed in Government Gazette bankruptcy orders tied to DBS exposure.

Frasers Centrepoint weighs $470m White Sands divestment

The trust's manager signals regulatory disclosure pathway remains open pending material development.

A*STAR, Microsoft to explore AI platform for manufacturing under new MOU

The partnership targets agentic AI tools, deployment systems and industry adoption ecosystems.

Keppel REIT posts 1.27-cent DPU as NPI rises 9.7% in Q1

Its total portfolio was valued at about $11.8b.

Singapore backdoor threats fall 49% in 2025; Southeast Asia cyber intrusions rise

The city-state recorded 50,511 incidents as regional cyber pressure grows.