Singapore
Yoma Holdings unclear on Serge Pun’s detention or house arrest
Yoma Holdings unclear on Serge Pun’s detention or house arrest
CEO Melvyn Pun says his father remains in Nay Pyi Taw, cooperating with authorities.
Astrea 8 bonds achieve a 3.1x subscription rate
Class A-1 bonds had a 2.9x subscription rate, whilst Class A-2 had 3.9x.
MAS posts $3.8b net profit in FY23/24
It made investment gains of $12.7b.
Singapore's wealth management sector to sustain growth, says MAS director
This is despite the recent money laundering case.
URA tender for Canberra Crescent site closes with three bids
Top bid for the site was $279m.
Pan-United launches electric concrete mixer truck
It features a robust 350 kWh battery, delivering up to 360 kW at peak power.
Winking Studios increases capital in Shanghai subsidiary
It was increased from $18.5m to $38.6m
Valerian Residential tops Zion Road Parcel B bid with $730m offer
The tender closed on 18 July.
Keppel and Sojitz sign MoU to pursue clean energy in Asia Pacific
The partners will develop bioenergy projects and invest in energy solutions.
Japan's Mitsui invests $36.4m to expand SATS food solutions in Asia
The investment will give Mitsui a 15% stake in SATS’ food solutions businesses.
Opportunities emerge for SMEs in Johor-Singapore SEZ: Maybank
The SEZ is expedcted to boost exchange of trade, labour and investments.
29 most traded SGX stocks book double-digit returns
Companies in the maritime and offshore services sectors led the gains.
GLS tenders boost property investments to $6.5b in Q2
Investments rose 64.1% QoQ and 71.1% YoY.
Will headcount increase be enough to reverse the rental market slowdown?
In Q2 2024, condo rents were unchanged, while HDB rents rose marginally.
Daily Markets Briefing: STI down 0.61%; Top stock is Singtel
Singtel is the top stock with a 1.32% increase.
Office market spikes to $1.26b in Q2, led by block sales
Mapletree Anson's sale to PAG topped deals this period.
SATS and SIAEC begin autonomous bus trials at Changi Airport in Q3
The initiative aims to boost airside productivity by automating driving tasks.
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