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Tag: finance

Posted on 16/05/2025

Mapletree Industrial Trust sells three Singapore properties for $535.3 million

It is the largest industrial transaction so far in 2025. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 16/05/2025

Genting Singapore sees a soft start to the year, but how will the rest of the year fare?

Genting Singapore (GENS) recently reported its 1QFY2025 ended Mar 31 results, which saw earnings declined by 41% y-o-y to $145 million. On a q-o-q basis, earnings grew 2%.

Posted on 16/05/2025

SATS to invest over S$250 million to upgrade ground, cargo capabilities at Changi Airport

The company said its investment will support Changi Airport's growing cargo volumes through to the mid-2030s, when the new Terminal 5 is projected to open.

Posted on 16/05/2025

Through multimillion-dollar port investments, Singapore’s largest privately held logistics firm wants to help countries

Sats commenced the modernisation of its current ground support fleet on April 1, with the goal of renewing and refurbishing about 40% of the current fleet.

Posted on 16/05/2025

Singapore’s GIC seeks approval from CCI for 2.14% stake in IPO-bound Groww

The proposed investment is part of Groww's broader plan to raise $200 million in pre-IPO funding and may double its valuation to $6.5 billion ...

Posted on 15/05/2025

Singapore’s GIC seeks CCI nod to acquire 2.14 pc stake in Groww

Singapore's sovereign wealth fund GIC has sought fair trade regulator CCI's approval to acquire a 2.14 per cent stake in Billionbrains Garage Ventures, the parent company of investment tech unicorn ...

Posted on 15/05/2025

Sats to invest over S$250 million to upgrade operations, cargo handling infrastructure at Changi Airport

SINGAPORE] Catering and ground handling company Sats announced on Thursday (May 15) that it will invest over S$250 million to upgrade its ground operations and cargo handling infrastructure at Changi ...

Posted on 15/05/2025

Stalled IPOs lured off the sidelines as tariff shock eases

Now, with tensions easing and the US$43.6 billion ($56.62 billion) raised in 2025 IPOs so far running just behind the same period last year, frozen listings are finally moving forward.

Posted on 15/05/2025

Sats to invest over $250m to upgrade operations, cargo handling infrastructure at Changi Airport

SINGAPORE - Singapore-listed ground handler and in-flight caterer Sats will be invest ing over $250 million to upgrade its ground operations and cargo handling infrastructure at Changi Airport.

Posted on 15/05/2025

MAS proposes key changes in IPO rules and processes to boost SGX’s appeal

SINGAPORE] The Monetary Authority of Singapore (MAS) is currently seeking feedback on proposed changes to simplify prospectus requirements and enhance investor outreach for initial public offerings ...

Posted on 15/05/2025

SGX RegCo proposes removing financial watchlist, avoiding public queries on listed firms

The moves aim to address concerns of regulatory friction that impedes price discovery and market efficiency. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 15/05/2025

SDP presses PM Wong for answers on ministers’ Su Haijin photo controversy; Long A&E wait times hit hospitals: Singapore live news

CGH, SKH, and TTSH report long A&E waits. GP 2025 unveils a star-studded concert lineup with Foo Fighters and more. Plus some of the biggest and fascinating news in and beyond.

Posted on 15/05/2025

South-east Asia e-commerce sales projected to more than double by 2030: DBS report

Total e-commerce sales is expected to grow from US$184 billion (S$239 billion) in 2024 to US$410 billion by 2030. Read more at straitstimes.com. Read more at straitstimes.com.

Posted on 15/05/2025

Many S’pore family businesses unprepared for succession; some prefer to sell: HSBC

SINGAPORE] Many family-owned companies in Singapore are not fully prepared to pass on the business to the next generation, according to a HSBC report released on Wednesday (May 14). Read more at The ...

Posted on 15/05/2025

OCBC to Merge Securities Operations with Global Markets by July 2025

OCBC will integrate its securities businesses in Singapore, Hong Kong and Indonesia into its Global Markets division effective 1 July 2025.

Posted on 15/05/2025

Best Bank Offers in Singapore (May 2025): Win a Lilo & Stitch-Inspired Hawaii Vacation, Get Up to 50% off Flights, and More

Everybody loves credit card sign-up promotions, but not many of us realise the promotions don’t end with a welcome gift. Banks actually shower us with tons of lifestyle deals and perks just for owning ...

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