News

STI outpaces APAC benchmarks with 9.6% total returns in Q1

Twenty-three of STI’s 30 constituents generated positive returns during the quarter.

STI outpaces APAC benchmarks with 9.6% total returns in Q1

Twenty-three of STI’s 30 constituents generated positive returns during the quarter.

Market Update: STI up at 0.82%

City Developments Limited recorded the highest growth.

All nightlife businesses to fully operate starting 19 April

In case of breach of safety measures, businesses will be shut down.

Lendlease REIT’s 2022 perpetual securities market priced at $200m

This was on the back of strong demand from investors.

Fintech Pace launches BNPL payment card in Singapore

Consumers can use the card for online purchases with Pace merchants.

Cromwell European REIT prices 1.3m new units at $3.34 each

The issuance of new units is pursuant to the REIT’s distribution reinvestment plan.

Manufacturing PMI dips to its lowest since August 2020 at 50.1

Looking ahead, analysts said the road will be “bumpy” for the manufacturing sector.

MPA launches map refresh, marketplace to boost sea transport sector

This will also increase digital connectivity and data exchanges.

MPA signs MOU to build ICS Academy

The memorandum seeks to develop training for shipping professionals.

Maritime Week: MPA kickstarts development of Oceans-X API Marketplace

It will serve as a platform where maritime systems can interoperate.

Maritime Week: DPM Heng Swee Keat bares 3 key areas for maritime transformation

The DPM said the focus areas will also help the sector respond to global challenges.

SPH REIT’s NPI rises by 0.4% to $105.3m in 1H22

The increase was driven by a gradual recovery in the operating environment.

10 Toh Guan Road East up for sale

The property will be sold via Expression of Interest (EOI).

MAS likely to widen band in April: analyst

Doing so would allow MAS to vent inflation pressure, experts said.

Market update: STI declined at 0.06%

DairyFarm was tagged with the most growth.

ALOG trustee, manager summoned over $8m claim

It stemmed from a September 2021 incident that resulted in the property’s damages.

Maritime Week: MPA launches updated Sea Transport ITM 2025

The updated ITM will focus on four key strategies.