Singapore
Sheng Siong unit to acquire Jelita Property for $50.2m
Sheng Siong unit to acquire Jelita Property for $50.2m
It will fund the acquisition through internally generated funds.
Keppel secures contract to deliver cooling systems for Tengah BTO projects
The cooling systems will serve 3,500 households.
Manulife US REIT to clear 2025 loans with US$117m property divestment
It has US$130.7m in loans due by 2025.
88% employers acknowledge talent loss due to lack of respect to work-life boundaries
78% of employer respondents expressed concern about potential productivity losses.
Changi Airport Group announces loyalty programme updates
It aims to give enhanced benefits for Gold and Platinum members.
9 in 10 S’porean businesses cite improving cloud security as key priority
This is due to a cloud breach that could halt business operations.
Valuetronics injects $172m to boost JV’s AI computing infrastructure
The investment will add 750 MetaX GPU to Trio AI’s computing capacity.
Fuxing China reduces par value of share to $0.02
It will be down to the said value instead of $0.10 as announced previously.
SFA recalls fish burger brand with undeclared egg allergen
The product was manufactured by Tenderfresh Fried & BBQ Chicken.
Daily Markets Briefing: STI down 0.23%; Top stock is DFIRG USD
DFIRG USD is the top stock with a 9.55% increase.
Millionaires eye a piece of Singapore’s rich colonial era
The city-state’s remaining 6,500 shophouses are in high demand amongst the ultra-rich.
IT and manufacturing sectors lead in digital transformation focus
Businesses focus on improving their operational processes and IT systems.
Chencharu Close site likely to attract up to four bids
The tender for the site will close on 22 May 2025.
mm2 Asia appoints Cindy Tan Ching Yee to board of directors
She has previously worked for TripAdvisor and BBC Worldwide.
Savills bags $100m deal for 3 office floors in Tong Building
Savills brokered levels 6, 9, and 10 of Tong Building.
The Hour Glass to acquire more units in Tong Building for $68.5m
The company will acquire units #09-01 to #09-04 and #10-01 to #10-04.
Adventus signs 25-year hotel management deal with IHG Vietnam
IHG will manage Adventus’ hotel in Danang, Vietnam.
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