Analysts Derek Tan and Tabitha Foo have increased their target price estimates for both PropNex and APAC Realty to $1.15 and 50 cents respectively.
Terminated KL-Singapore high-speed rail project can happen only with ‘full participation’ from private sector: Anwar
MALAYSIA is waiting for some “promising and positive” contributions by the private sector as it seeks to revive the terminated high-speed rail project linking Kuala Lumpur and Singapore, said Prime ...
Singapore and Malaysia to finalise deal creating vast economic zone
Malaysia Prime Minister Anwar Ibrahim and Singapore Prime Minister Lawrence Wong will officiate a ceremony on Tuesday for the economic zone in Malaysia's southern state of Johor ...
New Bill introduced to consolidate, strengthen Singapore govt’s powers to maintain racial harmony
SINGAPORE: A new Bill that seeks to consolidate and strengthen the Government’s powers to maintain racial harmony in Singapore was introduced in Parliament on Tueday (Jan 7).
OCBC launches tokenised bonds customised to client’s desired tenor and yield
Local peers DBS Bank and UOB have also made headway in tokenised bonds and other assets. DBS in May 2021 issued a tokenised bond as its digital exchange’s first security token offering, while UOB in ...
Appetite for Bitcoin in Singapore and beyond surges after 2024’s launch of such ETFs, US election
Investor interest in the world’s largest cryptocurrency Bitcoin in Singapore and elsewhere rose last year, driven by factors such as the introduction of such exchange-traded funds (ETFs) in the ...
Singapore, Malaysia to Finalize Deal Creating Vast Economic Zone
The leaders of Malaysia and Singapore are set to formalize an agreement establishing a special economic zone linking their two nations’ border region, but the prospects for immediate economic benefits ...
S’pore police warns of phone scammers impersonating MDDI government officials
This is a government official impersonation scam, said MDDI and the Singapore Police Force (SPF) in a joint release on Jan. 5. MDDI also said in a Facebook post regarding the scam that MDDI officers ...
Aphrodisiac ‘love darts’ and four types of slime: Up close at Singapore’s first commercial snail farm
With 40,000 snails under its care - and more to come - the WholeSnail firm aims to produce mucin for beauty products and escargot for consumption by mid-2025.
Meralco bags deal to build 600-MW gas plant in Singapore
PacificLight Power Pte Ltd., a subsidiary of Meralco PowerGen Corp. (MGen), won the contract to develop a new 600-megawatt (MW) gas-fired facility in Singapore, helping to solidify its position in ...
SingPost appoints former Singapore CEO Neo Su Yin as group COO
Her appointment came after the sacking of three top executives. Singapore Post appointed former Singapore CEO Neo Su Yin as the group chief operations officer (COO). Neo ended her tenure as SingPost ...
Singapore’s Clifford Capital picks CIO as it expands into asset management
Vidyasagar Pulavarti joined Clifford Capital on Jan. 6 as chief investment officer of Clifford Capital Asset Management, a newly launched arm of the business, according to a statement on Jan. 6.
PacificLight to build 600 MW hydrogen-ready CCGT plant in Singapore
Operation will commence in January 2029. Singapore’s Energy Market Authority (EMA) has awarded the right to build, own, and operate a 600 megawatt (MW) hydrogen-ready Combined Cycle Gas Turbine (CCGT) ...
Singapore HDB resale volume declines by 3.6% to 6,314 units in Q4 2024
The decline was due to over 8,500 new flats launched in October. According to OrangeTee, Singapore’s HDB resale volume declined by 3.6 per cent, dropping from 6,547 cases in Q4 2023 (up to 30 December ...
Electronics lead 8.5% YoY rise in manufacturing output for November
The sector rose by 26.2% YoY. Singapore’s manufacturing output rose by 8.5% YoY in November, EDB Singapore revealed. On a sequential basis, manufacturing output decreased by 0.4%. Excluding biomedical ...
Singapore’s manufacturing output grows by 8.5% in November 2024
In electronics, output increased 26.2% YoY. Singapore’s manufacturing output increased by 8.5% in November 2024 on a year-on-year (YoY) basis. Excluding biomedical manufacturing, output increased by ...