Singapore

ST Engineering injects $4.3m into auto firm Technicae

Technicae provides MRO services for auto platforms for mostly military customers.

Fed rate hikes boost Singapore borrowing

Singapore’s big banks probably boosted interest margins in the third quarter, thanks in part to the Federal Reserve.

Singapore passport is now the ‘world's most powerful'

It is the first Asian country to have grabbed the title.

ST Electronics bagged deals worth $585m in Q3

It won contracts for rail, telco, and ICT projects.

Daily Markets Briefing: STI down 0.45%

Top active stocks were DBS, OICBC, Keppel, Singtel, and CapitaLand Mall Trust.

Singapore's tourism market size doubled to $12.4b in a decade

It created 164,000 jobs, larger in number than jobs in banking and manufacturing.

Two Cairnhill Road freehold sites up for sale

67 Cairnhill Road and Cairnhill Mansions are priced $115m and $362m, respectively.

Keppel Logistics forms UrbanFox brand

It invested $20m in omnichannel logistics and channel management solutions.

3 in 5 Singaporeans are unprepared for retirement

Almost a third think they can only retire from work after 70.

Ascott Residence Trust's DPU down 28% to 1.69 cents in Q3

Revenue grew but a larger unit base due to the rights issue pulled DPU down.

Singapore to ease firms' access to Asia, Africa

It will place companies in a network with World Bank-affiliated officials that cover emerging markets.

Mapletree Logistics Trust's NPI up 2.5% to $78.7m in Q2

It will distribute $5.4m from the sale of three properties.

First REIT's NPI up 3.2% to $27.5m in Q3

Higher contributions from Siloam Hospitals Labuan Bajo boosted the REIT's profits.