Singapore
Manulife US REIT completes divestment of Park Place in Arizona, US
The divestment is part of the REIT’s recapitalisation plan.
Sembcorp consortium to supply Japan with India-produced green ammonia
Japan aims to import 3 million tonnes of ammonia for fuel by 2030.
Elite REIT launches £28m fully underwritten preferential offering
The REIT aims to use gross proceeds from the offering to repay debts.
Lendlease restructures lease at Sky Complex in Italy
Under the new lease, the starting annual rent for two buildings in the complex will be 1.5% higher.
Accor, Worldwide Hotels Group to launch largest Mercure Hotel in Singapore
The hotel will have 989 rooms.
Singapore’s economic upswing unlikely to last: experts
In 2023, experts predict a GDP growth of 0.7% for Singapore.
LTA taps Aurecon for engineering role on Tuas region industrial development
The study will support the sustainable development of the Tuas region.
SPF, MAS to work with PRC on the unfreezing of monies transferred via remittances
As of 15 December 2023, SPF has received over 670 reports of remittances being frozen.
CapitaLand India Trust completes acquisition of 2 industrial facilities in Chennai, India
The trust acquired the properties for $28.7m.
How OCBC’s blockchain expertise is powering Singapore’s digital currency ambitions
OCBC is aiming to commercialise one or two of its blockchain solutions in 2024.
Home purchases by foreigners slightly increases in November
Fourteen foreigners purchased a residential property last month.
Condo launches drive rebound in private new home sales rebound
Private new home sales surged
ComfortDelGro, Guangzhou Public Transport Group launch EV charging, services tie-up
Four charging stations with 250 chargers will be deployed in the city of Guangzhou in China.
Sheng Siong Supermarket to offer counter-inflation discounts in 2024
This will help alleviate the effects of rising prices following the increase in GST.
How Singapore is positioning itself as a healthcare hub
In 2023, Singapore has witnessed 10 partnership deals in the medical sector.
CSA seeks feedback on proposed cybersecurity amendment bill
The amendment aims to address emerging challenges in cyberspace.
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