News
SINGAUTO secures $61.2m funding for global expansion plans
The company will begin mass production of the S1 new energy cold chain vehicle to deliver over 20,000 units by 2025.
SINGAUTO secures $61.2m funding for global expansion plans
The company will begin mass production of the S1 new energy cold chain vehicle to deliver over 20,000 units by 2025.
BRC Asia buys 19.1% stake in Angkasa for $16.1M
Post acquisition, BRC will own a 19.1% stake in Angkasa.
Low inflation in Singapore unlikely to hold in 2Q24
In March, inflation fell to 2.7%.
Wake Up admin faces defamation charges for false KKH miscarriage report
Defamation can be punished with a fine, and/or up to two years of prison time.
Nearly half of Singaporean youths take first self-funded trips before age of 18
On average, they spend around $940 on airfare for their first trip.
Soilbuild bags $81M in new construction contracts
The new contracts bring the company’s net order book to $658m.
New flexiwork guidelines meant to assist, not prescribe: SNEF
Whilst employers are mandated to consider the request, they still have the final say on whether to accept or reject it.
Experts foresee dip in private home resales for 2024
OrangeTee expects volume to drop to 9,000 to 11,000 units.
Anti-money laundering bust affects shophouse sales
In 1Q24, shophouse deals rose 31% QoQ but fell 34% YoY.
Tech startup incorporations drop to 25 in 2023 amid economic uncertainties
In 2022, there were 35 new company incorporations.
Investment volume drops 34.7% YoY to $4b in 1Q24
GLS tenders played a significant role in the investment volume.
Lower private transport costs ease inflation to 2.7% YoY in March
In February, headline inflation was at 3.4 YoY.
APAC Realty partners with Upper Room Realty for Philippine expansion
The Philippines is APAC Realty’s 13th country in its Asia Pacific portfolio, and the 40th globally.
United Overseas Insurance revenue rises 6% YoY in Q1’24
The company saw its net earnings reach $8m during the quarter.
Mapletree Pan Asia Commercial Trust NPI rises 15.2% to $727.9m in FY23/24
The REIT's Singapore portfolio helped boost its NPI.
CLCT's net property income hit by lower logistics park earnings
The REIT reported a 7.7% YoY lower NPI of RMB313m in 1Q24.
CapitaLand Ascott Trust's profit up 15% YoY in 1Q24
The REIT attributed the increase to stronger operating performance.
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