Real Estate

Indonesia’s state banks eye bigger share of growing wealth market in Singapore
Indonesia’s state banks eye bigger share of growing wealth market in Singapore
[JAKARTA] Bank Negara Indonesia (BNI) and Bank Mandiri, Indonesia’s state-owned banks, are pulling out all the stops to make their mark in Singapore’s competitive wealth management sector.This comes as...
ST Engineering unit to issue US0 million 4.25% notes due 2030
ST Engineering unit to issue US$750 million 4.25% notes due 2030
They will be issued under the company’s S$5 billion global medium-term note programme[SINGAPORE] A wholly owned subsidiary of Singapore Technologies Engineering (ST Engineering) has priced US$750 million in five-year...
Malaysia’s Petronas and Commonwealth LNG in talks for term supply
Malaysia’s Petronas and Commonwealth LNG in talks for term supply
Petronas is in talks to buy at least one million metric tons per annum (mtpa) of LNG from Commonwealth LNGPublished Tue, Apr 29, 2025 · 09:56 PM[KUALA LUMPUR] Malaysian...
Starhill Global Reit Q3 NPI inches up 0.5% to S.9 million
Starhill Global Reit Q3 NPI inches up 0.5% to S$37.9 million
THE manager of Starhill Global real estate investment trust (Reit) posted a net property income (NPI) of S$37.9 million for Q3 FY2025 ended Mar 31, up 0.5 per cent...
Hong Leong Finance sees over 300% growth in EV loans
Hong Leong Finance sees over 300% growth in EV loans
[SINGAPORE] Hong Leong Finance (HLF) announced that it has seen a more than 300 per cent increase in electric vehicle (EV) loans, from S$73 million in 2023 to S$314...
UPS profit beats estimates, to cut 20,000 jobs on economic worries
UPS profit beats estimates, to cut 20,000 jobs on economic worries
The parcel giant is not providing any updates to its full-year outlook due to the economic uncertaintyPublished Tue, Apr 29, 2025 · 06:51 PM[LOS ANGELES] United Parcel Service reported...
Singapore stocks end lower; STI down 0.2%
Singapore stocks end lower; STI down 0.2%
[SINGAPORE] Stocks on the local bourse closed slightly lower on Tuesday (Apr 29) after US President Donald Trump’s administration said it will move to reduce the impact of his...
Temasek’s Gabriel Lim to lead Seviora Holdings as CEO
Temasek’s Gabriel Lim to lead Seviora Holdings as CEO
[SINGAPORE] Temasek Holdings’ head of corporate strategy Gabriel Lim will exit his post to lead the Temasek-owned asset management group Seviora Holdings, the group announced in a statement on...
Porsche’s Q1 profit margin plunges on China weakness, US tariffs
Porsche’s Q1 profit margin plunges on China weakness, US tariffs
Published Tue, Apr 29, 2025 · 03:24 PM[FRANKFURT] Luxury sports carmaker Porsche on Tuesday (Apr 29) said its operating margin fell to 8.6 per cent in the first quarter,...
Carlsberg maintains full-year outlook, warns of volatile consumer sentiment
Carlsberg maintains full-year outlook, warns of volatile consumer sentiment
Carlsberg expects between 1% and 5% growth in organic operating profit for the current yearPublished Tue, Apr 29, 2025 · 02:52 PM[COPENHAGEN/LONDON] Danish brewer Carlsberg on Tuesday (Apr 29)...