Daily Debrief: What Happened Today (Apr 29)
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Mapletree Industrial Trust plans to divest up to S$600 million in North America assets, targeting growth in Japan and Europe over the next 1-2 years. Singapore's gold demand surged 42% in Q1 due to geopolitical risks, with Asian gold-ETFs seeing inflows. The EMA proposed new electricity generation capacity to meet rising demand, with units expected by 2031-2032. Indonesia's eFishery founder received a nine-year sentence for fraud. CLI's fee revenue rose 10% in Q1, while real estate investment revenue fell 14%. SP Mobility and ComfortDelGro Engie secured contracts for EV fast-charging hubs in HDB towns.
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