Real Estate
Venture Corporation’s net profit falls 7% to S$55.9m in Q1 2025
[SINGAPORE] Technology solutions provider Venture Corporation reported a 7 per cent decline in net profit to S$55.9 million in the first quarter of 2025, from S$60.1 million in the...
EC World Reit’s Q1 net property income more than halves to S$10.8 million as it looks to sell more assets to repay debt
[SINGAPORE] EC World Real Estate Investment Trust’s (Reit) net property income for the first quarter of 2025 more than halved to S$10.8 million, from S$23.3 million in the same...
Fractional platform RealVantage ties up with ESR to invest US$55 million in South Korean logistics facility
[SINGAPORE] Real estate co-investment platform RealVantage has partnered ESR Group’s South Korean arm, ESR Kendall Square, to invest US$55 million (S$71.3 million) in the development of a last-mile logistics...
Julius Baer to pay 4.4 million Swiss francs after Swiss money laundering probe
The bank has been under investigation over transactions that had occurred between 2009 and 2019 and linked to operations in Monaco and SingaporePublished Wed, May 14, 2025 · 03:50...
Tesla to resume shipping Chinese parts for Cybercab, Semi production in the US: source
[SHANGHAI] Tesla plans to start shipping components from China to the US for the production of Cybercab and Semi trucks from the end of this month, after the US...
GXS Bank CEO to retire, GX Bank CEO to take over
[SINGAPORE] GXS Bank has announced that chief executive Muthukrishnan Ramaswami will be retiring on May 31.His successor will be Lai Pei-Si, CEO of GX Bank, the Malaysian arm of...
Cariflex launches US$350 million polyisoprene plant in Singapore, the world’s biggest
[SINGAPORE] Synthetic rubber latex maker Cariflex has officially inaugurated its new plant in Singapore, furthering its supply-chain resilience and market penetration in South-east Asia.The region, which contributes over 75...