News
GIC divests 50% of Westfield Whitford City to JY Group for A$195m
GIC divests 50% of Westfield Whitford City to JY Group for A$195m
The acquisition marks JY Group's first joint venture with Scentre Group.
DL Holdings to acquire part of Singapore wealth firm for US$50m
The SG firm has an AUM exceeding US$2.6b ($3.4b).
8@BT achieves strong launch, selling 53% of its units post-Ghost Month
Units sold during launch had an average price of $2,719 psf.
SGX eyes expansion in Dubai market amidst rising hedge fund activity
Bloomberg reported that this interest is also driven by an influx of SGX clients in the emirate.
Ascott announces 28 new signings in SEA
The lyf brand has also added two new properties in Singapore.
SkillsFuture SG, CLI extend SkillsFuture Queen Bee initiative to 120 SMEs
The initiative will run for another 18 months.
EnterpriseSG, Google Cloud accept 35 startups under AI program
The three-month program is scheduled to begin February 2025.
FairPrice links with HPB app to reward healthy food purchases
Users can exchange HPB Healthpoints to redeem FairPrice transport and food vouchers.
Singapore and Rwanda launch AI playbook for small states
The playbook covers challenges and strategies in AI adoption.
ThaiBev to expand F&B business through F&N acquisition via share swap
ThaiBev has sold its stake in real estate to focus on its F&B business.
Singapore doubles RE import capacity under LTMS-PIP
Keppel’s importer licence was also extended to support this move.
Gov’t extends 4% SMRA interest rate floor until 31 December 2025
This will raise the SMRA interest rate to 4.14%.
SGX RegCo sets new standards in sustainability reporting starting FY2025
Issuers must incorporate the latest international standards into their sustainability report.
COTD: Residential sector dominates investor interest in H1 2024
The GLS Programme boosted sales in the residential sector.
Developers show renewed confidence as Tampines Street 94 draws six bids
The highest bid was $668.3m.
Daily Markets Briefing: STI down 0.34%; Top stock is DBS
DBS is the top stock with a 1.29% increase.
6 in 10 high earners in Singapore work for foreign-owned firms
Twenty per cent (20%) of firms in Singapore are foreign-owned.
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