News
SGX Group hits news record for FX volume in June
SGX Group hits news record for FX volume in June
FX futures traded volume rose 12% MoM in June to 3.3 million contracts.
Office market to see slow rental growth for 2H23
In Q2, Grade A office rents only rose by 0.9%.
JV of CapitaLand, SingLand, and UOL bags tender for Tampines Avenue 11 for $1.2b
The JV will develop the GLS parcel into a mixed-use development.
Business park rents to be muted in 2H23: CBRE
In 2Q23, rents remained flat at $6.10 psf/mth for City Fringe and $3.70 psf/mth for the Rest of Island.
Retail market to see continued recovery in 2H23
Prime retail rents in the Islandwide market rose 3.2% YoY in 2Q23.
Prime logistics rents up 8.6% in H1 amidst weak manufacturing output
Leasing activity is also stable.
More than 400,000 asset risks found in 25 largest SG firms
The firms have outdated tech for protecting against these risks.
Tiered excise tax is ThaiBev’s biggest concern: analyst
The beverage firm said the proposed implementation is discriminatory.
Daily Markets Briefing: STI up 0.36%; Seatrium is leading
Seatrium closed trading at 6.82% up.
Siemens Mobility strongly invested in SG’s transport infrastructure
CEO Michel Obadia highlights Siemens Mobility’s role in preparing the Cross Island Line for 2030 and supporting Singapore’s decarbonisation journey.
CapitaLand Investment targets ambitious ESG goals for 2030
CLI’s updated sustainability roadmap follows three pillars that focus on environmental targets, human development, and transparency.
Unlocking the power of zero party data in financial services
BetterTradeOff CEO Laurent Bertrand reveals the transformative power of AI and data-driven approach in personalising financial planning.
Mapletree Investments makes first foray in Kyushu logistics space
The logistics facility has a four-storey RCSS structure.
High Court arranges pre-trial conference on ESR Group court application
It begins 13 July 2023 for further directions on the final hearing.
Two thirds of SGX-listed firms begins climate reporting initiatives
But only a tenth have had such reports independently audited, EY said.
Thomson Medical Group OKs acquisition of Vietnam’s FV Hospital
The acquisition costs $517.1m (US$381.4m).
Dasin Retail Trust mulls disposal of retail malls as part of debt restructuring
In FY22, the trust’s net loss widened to $221.5m.
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