Asset manager Franklin Templeton has secured approval from the Monetary Authority of Singapore to launch its tokenized Franklin OnChain US Dollar Short-Term Money Market Fund. With the move, it became …
BYD tops Singapore vehicle sales so far this year, replacing Toyota
China’s BYD became the most popular vehicle brand in Singapore so far this year, outselling Toyota for the first time, government data showed, as the fast-growing electric vehicle maker steps up …
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.
Mapletree Industrial Trust divests three Singapore industrial assets for S$535.3 million
SINGAPORE] Mapletree Industrial Trust (MIT) divested three of its Singapore industrial properties to Brookfield Asset Management for S$535.3 million, the real estate investment trust’s (Reit) manager …
Indonesia’s plan to raise fuel imports from US in shift from Singapore raises questions over costs
Higher transport and insurance costs would make fuel shipped from the US less competitive in Indonesia. Read more at straitstimes.com.
Demand for flights to China has risen recently, Singapore Airlines exec says
Singapore Airlines has seen a surge in passenger traffic into China in recent months, but outbound travel has still not recovered to pre-pandemic levels, Chief Commercial Officer Lee Lik Hsin said on …
Shares of Genting companies in Malaysia slide as investors react to Genting Singapore’s leadership change, weak results
KUALA LUMPUR] Shares of Genting-linked companies tumbled on Thursday (May 15) as investors digested a surprise CEO exit at Genting Singapore and fresh concerns over corporate governance, amid broader …
Shares of Genting companies in Malaysia slide as investors react to Genting Singapore’s leadership change, weak results
KUALA LUMPUR] Shares of Genting-linked companies tumbled on Thursday (May 15) as investors digested a surprise CEO exit at Genting Singapore and fresh concerns over corporate governance, amid broader …
Singapore’s Frasers Property to take REIT private in a $1.1 billion deal
Thai business magnate Charoen Sirivadhanabhakdi’s Frasers Property has offered to take its Singapore-listed hospital real estate investment trust (REIT) private on Wednesday in a deal valuing it at …
Impact from Indonesia’s plan to cut Singapore fuel imports limited: Analysts
Indonesia’s plan to cut oil imports from Singapore amid US tariff talks may pressure trade flows, but experts here say the impact will be limited. This is as diversification of the economy into areas …