News

CapitaLand sells 95% stake in Capital Square Beijing to AIA in S$447m deal

The property is located in the Central Business District (CBD) in Chaoyang District.

CapitaLand sells 95% stake in Capital Square Beijing to AIA in S$447m deal

The property is located in the Central Business District (CBD) in Chaoyang District.

Keppel Pacific Oak US REIT’s portfolio valuation dips 6.8% YoY to US$1.3b

The REIT cited four priorities that contributed 84% to the decline in valuation.

4 in 5 business leaders rely on media to shape ESG strategies

For Singapore business leaders, “environment” is the top ESG priority.

MPACT’s net property income climbs 1.7% YoY to $182.4m in 3Q23/24

The strong performance of the REIT’s Singapore portfolio contributed to the increase.

Net property income of CapitaLand India Trust rises 8% YoY to $179.6m

Despite higher NPI, the company’s DPU fell 21% YoY.

Mesh Bio raises $4.7m in Series A for health tech expansion with East Ventures

Elev8, Seed Capitals, and existing shareholders were also participants of this funding round.

Google, S’pore join forces to accelerate National AI Strategy 2.0

Singapore aims to triple local AI practitioners with 3,000 career certificates from Google.

GuocoLand posts 12% YoY higher profit of $66.2m in 1H24

The higher profit boosted the company’s earnings per share by 15% YoY.

5-room HDB flat in Toa Payoh sells for $1.54m

The sale is the second-highest price ever transacted in the property.

FLCT retains portfolio occupancy of 95.8% in 1Q24

It also retained full occupancy for its logistics and industrial portfolio.

Singapore’s monetary policy likely to normalise in April: analyst

Singapore’s central bank may reduce the S$NEER slope by 50 basis points

Singapore is APAC's top cross-border investor in 4Q23

Despite this, Singapore's investment volume fell 29% YoY in 4Q23.

Singapore’s investment pledges drop 44% to $12.7b in 2023: EDB

Commitments from electronics firms were more than halved last year.

Innovative financing to boost Singapore’s lead in climate finance, says KPMG

Robust policy and leveraging technology can also help fast-track green goals.

SGX-listed Seatrium says it will log “significantly higher” losses in 2023

Seatrium is in the process of closing, writing down non-core assets.