Billionaire Robert Kuok-controlled developer Allgreen Properties has bought the Seletar Mall, a shopping mall in the northeastern part of Singapore, for US$412 million (RM1.93 billion). In a report ... ( read original story ...)
Bank veteran gets Greater China posting
SINGAPORE: The Bank of Singapore, one of Asia’s biggest private banks, said yesterday it appointed Ronnie Cheung as its chief operating officer (COO) for Greater China, effective March 19. ( read original story ...)
Sumitomo Mitsui leasing firm to buy Singapore private funds for $270m
Singapore-based ARA is carving out its private fund operations as a new company called ARAvest. SMFL units SMFL Mirai Partners (Singapore) and Kenedix will acquire 70% and 30% of ARAvest for a total ... ( read original story ...)
What Singapore’s property developers can learn from Japan’s Azabudai Hills
The US$4b development seeks to become an international hub for foreigners and VCs. Japan’s newest composite redevelopment Azabudai Hills may just serve as an important cornerstone to Tokyo’s ambitions ... ( read original story ...)
Frasers Property to redeem $600 million perpetual securities
SINGAPORE - Frasers Property’s wholly owned subsidiary, Frasers Property Treasury (FPT), is redeeming $600 million fixed-rate subordinated perpetual securities. Read more at straitstimes.com. ( read original story ...)
Catastrophe bond milestone for Singapore amid record issuance and returns
SINGAPORE marks a fresh milestone in its ambition to become a hub for issuance of insurance-linked securities (ILS) in Asia. Read more at The Business Times. ( read original story ...)
Surge in demand for cyber, marine, cargo, and property insurance in SG and Malaysia
Singapore and Malaysia’s markets show a shift towards Cyber, Marine, Cargo, and Property insurance in 2024, reflecting insurers' adaptability to client needs. Success in these markets relies on ... ( read original story ...)
Travis Kelce arrives in Singapore for Taylor Swift’s Eras Tour
Travis Kelce has touched down in Singapore. The Kansas City Chiefs tight end, 34, arrived alongside several of his friends ahead of his girlfriend Taylor Swift’s final two Eras Tour shows in Asia. The ... ( read original story ...)
Singaporean bank DBS grows sustainable financing by 37% to $52.1 bln in 2023
Singapore's biggest bank DBS Group has grown its sustainable financing commitments, net of repayments, by 37.3% to 70 billion Singapore dollars ($52.10 billion) as of end-December, from S$51 billion ... ( read original story ...)
Singapore beats all other APAC cities with USD4.1b commercial property investments in Q4
This is the highest quarterly figure in the last five years. Singapore has taken the lead in Asia-Pacific in commercial real estate investments in Q4 2023, according to Knight Frank’s latest report. ( read original story ...)
Lower downpayment of 2.5% for eligible couples applying for Singapore HDB flat starting June 2024
Eligible young couples can soon apply for an HDB flat with a lower downpayment of 2.5 per cent. See if you qualify. ( read original story ...)
What does it mean to feel rich in Singapore? Street survey reveals candid views
"I don't feel like I'm rich... It's hard to survive. I feel like the struggles of living in Singapore are real, especially in the last two years." That's what a young medical dosimetrist said when ... ( read original story ...)
BDx acquires data center freehold in Singapore – report
BDx has reportedly acquired a data center building in Singapore. Citing sources familiar with the transaction, local press including Singapore Business Times and Mingtiandi report Hwa Hong Corp has ... ( read original story ...)
Singapore stocks track Wall Street losses on Tuesday; STI down 0.5%
SINGAPORE shares ended lower on Tuesday (Mar 5), tracking losses on Wall Street. Read more at The Business Times. ( read original story ...)
Singapore landlords hit by high supply of freshly completed units
SINGAPORE: When Shawn Lau collected the keys to his two-bedroom Treasure at Tampines condominium unit in December 2023, he was anticipating a swift rental process in a market that seemed to promise ... ( read original story ...)
Swifties in The Philippines are spending nearly $2,000 to fly to Singapore after pop megastar struck ‘$3M per show’ deal to only perform on island nation in Southeast Asia
Singapore has reportedly struck a deal with Swift ... Her ticket itself cost $294, which her friend's sister helped her get during the pre-sale for United Overseas Bank cardholders. The price Mecija ... ( read original story ...)