BNM noted that while the global economy is still expanding, the recent US tariffs and retaliatory measures have negatively impacted the outlook for global trade and growth.
The contract involves the construction of a 47-storey tower comprising 732 serviced apartment units.
The work involves site clearance, delivery of piles, and piling works for a new women and children’s block at Tengku Ampuan Afzan Hospital.
The facility is expected to be converted into an additional distribution centre to support SCRB’s growing warehousing and cold storage needs.
MIPFM said it is deeply concerned about the impact of SST on strata commercial property owners and residents, especially with rising living costs.
Post-acquisition, the hotels will comprise approximately 5.
“The suspect is believed to have committed the offence in March 2025 by submitting documents with false details to the bank to withdraw about RM1.
The decision follows consultation with legal counsel Eric Tan of Messrs Ong Kok Bin & Co, as there are concerns that proceeding with the requisition could expose the company and its board to potential contempt of court proceedings.
“Singapore is clearly at the stage where I don't think we can expand anymore in terms of physical capacity.
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