News

MediShield Life to hike premiums, claim limits, and coverage by 2025

The government will provide $4.1b for these enhancements.

ValueMax Group hit by malware attack

The company will conduct a review of the incident and its IT systems.

Daily Markets Briefing: STI down 0.11%; Top stock is YZJ Shipbldg SGD

YZJ Shipbldg SGD is the top stock with a 5.35% increase.

COTD: Industrial lease renewals rise in Q3 as cost concerns limit relocations

The average islandwide logistics/warehouse rent held steady with expected growth in 2025.

Sabana Industrial REIT unitholders questions trustee's director nominations

The REIT will undergo internalisation without the involvement of a sponsor.

Tourism outlook and expansions boost Singapore's retail property market 

In Q3 2024, the island-wide retail vacancy rate fell to its lowest level since Q3 2012.

Singapore eyes 15% top-up tax on MNEs to prevent foreign tax losses

Additional revenues from the top-up taxes will be used to enhance the local business environment.

High interest rates, economic conditions impact office demand

Still, a recovery in 2025 is anticipated as the global economy improves.

GlobalTix secures $6.5m in Series B funding

The company will use the fund for expansion.

Singapore Paincare invests $1.5m in digital transformation 

UCrest will help the company in its digitisation. 

Beng Kuang Marine exits SGX watchlist

The company was removed from the watchlist on 15 October.

Singapore emerges as world’s 2nd most expensive data centre market

Building a data centre in Singapore costs US$13.80 per watt.

Singapore tech funding drops 26% YoY to US$397m in Q3

The YoY decline was observed across funding stages.