Oversupply from China to cut Singapore construction material prices further in Q2

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THU, JUN 12, 2025 Top Stories Oversupply from China to cut Singapore construction material prices further in Q2 [SINGAPORE] Prices for some construction commodities in Singapore are tipped to fall further in the second quarter, with steel rebar prices forecast to fall 13 per cent year on year driven by oversupply and competitive exports from China. Grab prices and increases convertible notes offering to US$1.5 billion [SINGAPORE] Grab announced on Wednesday (Jun 11) that its five-year convertible note offering has been upsized to US$1.5 billion from US$1.25 billion. Sembcorp's renewables unit wins 50MW round-the-clock power project from Indian public sector company [SINGAPORE] Sembcorp Industries on Thursday (Jun 12) announced that its wholly owned renewables subsidiary Sembcorp Green Infra was awarded a 50 megawatt (MW) round-the-clock power project from Solar Energy Corporation of India (SECI), an Indian public-sector company. Last call: Holland Village mainstay Wala Wala seeks to exit lease, plans to close [SINGAPORE] Indie nightspot bar Wala Wala Cafe Bar in Holland Village is preparing to shut its doors, marking the end of a three-decade chapter for the nightlife stalwart. SGX securities turnover rises 1% in May, volume down 18% [SINGAPORE] The total securities market turnover value on the Singapore Exchange (SGX) edged up 1 per cent year on year to S$26.9 billion, supported by institutional hedging activity and continued demand for safe-haven and dividend-yielding stocks. PODCAST Market Focus Daily: Thursday, June 12, 2025 Asian shares stumble after Trump's latest trade threat; Dollar falls to seven-week lows on rate cut outlook; Singapore retail vacancy creeping up with more tenants looking to exit. Other Good Reads Asean Business Business insights centering on South-east Asia's fast-growing economies. Breakfast Brief All the latest news you need to know to start your day, right in your inbox. Property Insights Get an exclusive analysis of real estate and property news in Singapore and beyond. MORE NEWSLETTERS FOLLOW US DOWNLOAD THE BT APPS ABOUT US CONTACT US HELP TERMS & CONDITIONS DATA PROTECTION POLICY ADVERTISE WITH US You are receiving this e-mail because you subscribed to the BT Breakfast Brief. We're keeping you updated with our Daily Debrief, which helps you catch up with breaking news you may have missed. If you no longer wish to receive the Daily Debrief, please click the link below to unsubscribe. If you want to unsubscribe from this mailing list,click here.