News
Leasehold strata office sales climb 7.8% HoH to 114 in 2H23
Sales value for the period was $291.7m.
Daily Markets Briefing: STI down 1.54%; Top stock is DBS
DBS is the top stock despite a 1.148% decrease.
Singapore lags in AI integration despite consumer preference: study
AI bias in the city-state significantly more than the global average
Food delivery app drives digitalisation in F&B sector: report
Deliveroo estimated to have contributed $139m to the local economy.
Alipay+ enables usage of 6 international e-wallets in Singapore
Its merchants can now accept payments from up to 12 overseas e-wallets.
Kembangan development likely to fall under the Plus model
Huttons said the development may lift property prices in the area.
Frasers Property Limited’s pre-sold revenue hits $2.4b in 1Q24
Its net debt-to-equity ratio also increased to 78%.
Pan-United taps Cleantech Solar for solar PV systems
Approximately 900 solar panels will be installed at Pan-United's Singapore HQ and its Malaysian plant.
Cathay Pacific to resume daily Singapore-Bangkok flights
The daily flights will resume on 31 March 2024.
Dasin Retail Trust receives demand letter from executives on alleged outstandings
The REIT’s trustee-manager allegedly owes $783,376.
Hiap Hoe sells Melbourne hotel for $83m
The company will use the proceeds to repay bank borrowings and fund working capital.
KIT to acquire 98.6% stake in Victoria, Australia’s largest bus service business
The business trust will acquire the business for an enterprise value of $540m.
Singapore leaders pay tribute to late banking tycoon Wee Cho Yaw
Wee was hailed as a visionary leader and for his contributions to education and culture.
UOB charman emeritus Wee Cho Yaw passes away at 95
He expanded UOB to a multinational bank present in over 19 countries and territories.
FDAWU secures enhanced support package, training fund for Lazada's retrenched workers
At least 100 workers were affected by Lazada's restructuring exercise.
CapitaLand India Trust to acquire 3 industrial facilities in India for $43.2m
The facilities have a total net leasable area of 0.79 million square feet.
Mindlink Groups withdraws from M&A deal with Century 21 Singapore
Singapore invoked its foreign interference law against Century 21’s principal advisors.
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