Singapore's First REIT said on Monday it had been approached by CVC Capital Partners-backed Indonesian healthcare chain Siloam to take over its portfolio of hospital assets in the Southeast Asian country.

Singaporean and Vietnamese youths are also the most optimistic and satisfied about their countries’ political systems, law enforcement and economic future than their peers in four other Southeast Asian countries,

Deputy Speaker of the Indonesian House of Representatives (DPR RI) Sufmi Dasco Ahmad (third right) with Singaporean Ambassador to Indonesia, Kwok Fook Seng (third left), at the parliament complex, Senayan, Jakarta, on Friday (January 17, 2025). (ANTARA/HO-DPR RI/rst)

Experts warn the new economic zone will be a ‘serious threat’ that could exacerbate Indonesia’s struggles to attract top-tier investments.

Jetstar Asia said it's launching the first direct route between Singapore and Labuan Bajo, Indonesia, a town near Komodo National Park and its famous "dragons."

The establishment of the Singapore-Johor Special Economic Zone (SEZ) in the Malacca Strait presents new opportunities for the development of Batam SEZs in the

Indonesia’s recent constitutional court ruling could lead to a wider and more level playing field in the next presidential election. But will it really shake up the political landscape, given the massive funds still needed to run a campaign?

The optimism surrounding Asia’s tourism potential is evident from the expansion plans of major global hotel chains

First REIT says it has received a "preliminary non-binding letter of intent" from PT Siloam International Hospitals to acquire its portfolio of hospital assets in Indonesia. Siloam is the existing tenant and operator of these hospital assets and is majority-owned and controlled by a fund managed by CVC Capital Partners.

First REIT announced late Monday that it received a letter of intent from Siloam, an Indonesian private healthcare provider and majority-owned by CVC, to acquire the trust's Indonesia hospital assets.

Rivals like Shopee, TikTok and Lazada have intensified their push in Indonesia. Read more at straitstimes.com.

The highly anticipated Singapore Tennis Open (STO) 2025 is set to deliver an unparalleled tennis experience with the prestigious WTA 250 tournament taking place from 27 January to 2 February 2025 at Singapore Sports Hub.