The partnership follows the success of AMIS Development’s Woodland Residences project, a $115.7 million luxury development in District 11, Meydan. Singapore’s First APAC Fund to invest $1.36bn in ...
DBS Foundation Deploys SGD 88 Million to Widen Financial Inclusion and Provide Essential Needs to Vulnerable Communities Across Asia
The DBS Foundation announced that it will deploy SGD 88 million in initiatives that drive inclusion and enable better access to essential needs among vulnerable communities. The funding will go ...
Singapore’s First APAC Fund to invest $1.36bln in Dubai’s AMIS
The partnership reflects the Fund’s confidence in Dubai’s real estate market and AMIS Development’s reputation for high-value luxury developments ...
Barclays to set up Singapore private banking centre by 2026
The centre will offer clients access to quasi-institutional investment solutions and cross-asset class offerings.
Daily Cuts – Singapore’s manufacturing output rises a fourth straight month in October, but slower
Singapore Today's Daniel Martin and Justine Moss speak with Alvin Liew, Senior Economist, UOB, about why Singapore's manufacturing output has risen for a fourth straight month in October, but at a ...
Singapore banks – a haven amid market volatility, with promising earnings and attractive dividends
OCBC, and DBS are seen as having a low risk of earnings downturn, with some analysts even forecasting a rise in earnings and margins.
Singapore’s First APAC Fund to invest up to AED 5bln in Dubai’s AMIS Development
The partnership reflects the Fund’s confidence in Dubai’s real estate market and AMIS Development’s reputation for high-value luxury developments ...
Singapore sets new hotel licensing guidelines for 2025
Singapore's Hotels Licensing Regulations 2024, effective January 2025, seeks to modernise hotel operations, streamline licensing, and introduce stricter requirements for operators.
OCBC downgrades PropNex to ‘hold’ but raises target price to 96 cents
Despite the downgrade, Tan expects PropNex to remain a solid dividend yield play. He projects a dividend payout of 90%, implying FY2024 and FY2025 yields of 5.6% and 6.1% respectively. As at 11.05am, ...
Macquarie revises Singapore earnings growth for FY2024 to 7% from 3%
With such momentum, Macquarie now expects Singapore equities to generate earnings growth of 7% for the current FY2024 under its base case scenario, and to grow by a further 7% in the coming FY2025. It ...
Brokers’ take: Macquarie initiates coverage on S-Reits, favours those with industrial exposure
MACQUARIE Research started coverage on Singapore real estate investment trusts (S-Reits), with an “outperform” rating on nine out of the 11 it listed. Read more at The Business Times.
YouTrip to Raise Series C Ahead of Planned IPO, Listing Still ‘A Few Years’ Away
Caecilia Chu, who recently toured the New York Stock Exchange, is actively preparing YouTrip for an Initial Public Offering (IPO).
Singapore stocks declined on Tuesday’s open—STI dropped 0.3%
SINGAPORE: Singapore stocks opened on Tuesday (Nov 26) following similar declines in other Asian markets after US President-elect Donald Trump announced an additional 10% tariff on Chinese goods, ...
MAS: Banking sector’s overall exposure to India’s Adani Group is small
The Singapore banking sector's overall exposure to the Adani Group, the Indian conglomerate embroiled in bribery and fraud allegations by US authorities, is small, the Monetary Authority of Singapore ...
DBS raises target price for Parkway Life REIT to $4.80
DBS Group Research has kept its "buy" call and raised its target price for Parkway Life REIT to $4.80 from $4.50, calling the owner of hospitals and nursing homes "a rare jewel" among S-REITs offering ...
Singapore’s YouTrip CEO unveils route to IPO for FX digital wallet
The chief executive officer of Singapore-based foreign exchange digital wallet YouTrip was given a private tour of the venue, with bourse executives and market makers like Citadel Securities pitching ...