Real Estate
Fast Company Discusses Data Storage Solutions
The artificial intelligence revolution faces a critical bottleneck that few are discussing – data storage infrastructure. While headlines focus on GPU shortages and model capabilities, the foundation supporting these...
OUE Reit’s H2 DPU increases 8.7% to S$0.0113 – The Business Times
THE distribution per unit (DPU) for OUE Real Estate Investment Trust (Reit) rose 8.7 per cent to S$0.0113 for the second half of its financial year ended Dec 31,...
MPACT Q3 DPU falls 9.1% to S$0.02 amid global headwinds – The Business Times
MAPLETREE Pan Asia Commercial Trust’s (MPACT) distribution per unit (DPU) fell 9.1 per cent to S$0.02 for its third quarter ended Dec 31, 2024, from S$0.022 in the year-ago...
AI spending is set to grow in 2025: report – The Business Times
ARTIFICIAL intelligence (AI) adoption is set to rise as most companies expect to ramp up spending on the technology in their next fiscal year, a report by the Deloitte...
Asian oil refiners mull run cuts, closures as crude costs soar – The Business Times
A SURGE in the cost of physical crude cargoes as China and India rush to replace Russian flows is prompting refiners in other parts of Asia to consider cutting...
Sembcorp launches short-term mobile solar farm at PSA’s Keppel Terminal – The Business Times
For three years, the renewable energy generated from the farm will be channelled to the national gridA new 18 megawatt-peak ground-mount solar farm located at PSA Singapore’s Keppel Terminal...
Shareholders of Australian apparel retailers Myer, Premier approve merger – The Business Times
SHAREHOLDERS of Australian apparel retail firms Myer and Premier Investments approved on Thursday the merger of the latter’s apparel brands with Myer, in a deal valued at A$864 million...
Bain matches CC Capital’s offer for Australia’s Insignia Financial at A$3.07 billion – The Business Times
INSIGNIA Financial’s shares hit a three-year high on Thursday (Jan 23), driven by a revised takeover offer of A$3.07 billion (S$2.6 billion) from US-based Bain Capital, matching the bid...