Daily Debrief: What Happened Today (Apr 29)

Stories you might have missed

Mapletree Industrial Trust to divest up to S$600 million of North America assets, eyes Japan and Europe for growth

THE divestments are expected to be carried out within the next 1 to 2 years.

Singapore’s gold demand jumps record 42% in Q1 amid geopolitical risks, volatile prices

INFLOWS into Asian-listed gold-ETFs outpace those in other regions, and offset outflows in West.

EMA launches proposal for new electricity generation capacity to meet rising demand

THE plan calls for one unit to be ready in 2031 and up to two additional units to come onstream in 2032.

Indonesia eFishery founder gets nine years’ jail in fraud case

VERDICT marks the conclusion of the country’s most high-profile fraud case involving a startup once valued at around US$1 billion.

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Daily Debrief: What Happened Today (Apr 28)

CLI fee revenue up 10% in Q1 as real estate investment business revenue softens 14%; potential inflation may weigh on asset operations

TOTAL revenue stands at S$487 million; real estate investment business revenue down following divestments.

SP Mobility, ComfortDelGro Engie bag contracts to deploy EV fast-charging hubs in HDB towns

EACH site will feature six to eight 50 kilowatt fast chargers.