Singapore Business Review

MAS teams up with BIS, Swiss and  France central banks to test wholesale CBDCs
Project Mariana used DeFi technology concepts on a public blockchain.
Boustead Singapore seeks extension to furnish exit offer proposal
It will provide the details after the release of its 1H24 results.
11 Claymore Road up for sale and redevelopment for $95m
The site can be redeveloped to up to 36 storeys, with a total GFA of 53,848 sqft.
No Signboard submits revised trading resumption proposal to SGX
Trading of the company’s shares has been suspended since 24 January 2022.
Conservation Shophouse at Tanjong Pajar for sale at $14.6m
The shophouse sale will be conducted through Expression of Interest.
SG climbs to 5th rank in 2023 Global Innovation Index
It is now the highest-ranking Asian market in the index, beating South Korea.
Heads up Singaporeans: Water bill rise to 50 cents per cubic metre in phases over 2 years
Three in four homes will see an increase of less than $10 monthly in water bills.
SGX adjusts conversion price of €240m convertible bonds 
The adjusted conversion price will be $12.0532.
IP Injunction withdrawn but No Signboard to pay $6,500 to GuGong: High Court
GuGong will receive $6,500 from No SignBoard with reasonable disbursements.
APAC Realty expands in Australia
The ERA brand inked a 15-year franchise agreement with Queensland 888.
ARA H-REIT to refinance $370m loan facilities
The company and its subsidiaries underwent amendments in a facility agreement.
Offer to take LHN Logistics private closes with 99.14% acceptances
Following the close of the offer, LHN Logistics will be delisted from the Catalist Board of SGX-ST.
OUE Healthcare declares unconditional its offer to delist Healthway Medical
It has received valid acceptances amounting to 2,289,294,145 shares.
EC World REIT defers payment to unitholders over insufficient cash
The property investment firm is working with the sponsor group.

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Exclusives

Exclusives

Telecom & Internet Why Singapore’s 3G phaseout is a double-edged sword
Singapore will shut down its 3G services by 31 July 2024.
Building & Engineering H&M makes fashion statement with sustainable facade at revamped Orchard store
The company used ‘i-Mesh’ fabric as the store’s facade, marking a first in Southeast Asia.
Healthcare Startups focusing on ‘continuity of care’ flourish in SG’s booming health tech sector
Life sciences expert says fragmented data remains a challenge for many healthcare institutions and an opportunity for tech startups.
Hotels & Tourism Singapore floats plans for new businesses in river precinct
The precinct’s placemaker aims to boost footfall with more immersive activities for all.
HR & Education Data-backed strategies needed in workplace setup decisions: expert
A human resources expert advised using data and listening to employees when deciding on workplace schemes.
Financial Services DPT service providers face higher costs under MAS’ investor protection measures
MAS has required all providers to hold customers’ money and assets in a trust.
Markets & Investing Will Singapore’s equity capital markets sustain its growth in 2H23?
In 1H23, equity capital raisings by Singaporean firms totalled US$2.6b.

Top News

MAS teams up with BIS, Swiss and  France central banks to test wholesale CBDCs
Project Mariana used DeFi technology concepts on a public blockchain.
Boustead Singapore seeks extension to furnish exit offer proposal
It will provide the details after the release of its 1H24 results.
11 Claymore Road up for sale and redevelopment for $95m
The site can be redeveloped to up to 36 storeys, with a total GFA of 53,848 sqft.
No Signboard submits revised trading resumption proposal to SGX
Trading of the company’s shares has been suspended since 24 January 2022.
Conservation Shophouse at Tanjong Pajar for sale at $14.6m
The shophouse sale will be conducted through Expression of Interest.
SG climbs to 5th rank in 2023 Global Innovation Index
It is now the highest-ranking Asian market in the index, beating South Korea.
Heads up Singaporeans: Water bill rise to 50 cents per cubic metre in phases over 2 years
Three in four homes will see an increase of less than $10 monthly in water bills.
SGX adjusts conversion price of €240m convertible bonds 
The adjusted conversion price will be $12.0532.
IP Injunction withdrawn but No Signboard to pay $6,500 to GuGong: High Court
GuGong will receive $6,500 from No SignBoard with reasonable disbursements.
APAC Realty expands in Australia
The ERA brand inked a 15-year franchise agreement with Queensland 888.
ARA H-REIT to refinance $370m loan facilities
The company and its subsidiaries underwent amendments in a facility agreement.
Offer to take LHN Logistics private closes with 99.14% acceptances
Following the close of the offer, LHN Logistics will be delisted from the Catalist Board of SGX-ST.
OUE Healthcare declares unconditional its offer to delist Healthway Medical
It has received valid acceptances amounting to 2,289,294,145 shares.
EC World REIT defers payment to unitholders over insufficient cash
The property investment firm is working with the sponsor group.

Exclusives

Telecom & Internet Why Singapore’s 3G phaseout is a double-edged sword
Singapore will shut down its 3G services by 31 July 2024.
Building & Engineering H&M makes fashion statement with sustainable facade at revamped Orchard store
The company used ‘i-Mesh’ fabric as the store’s facade, marking a first in Southeast Asia.
Healthcare Startups focusing on ‘continuity of care’ flourish in SG’s booming health tech sector
Life sciences expert says fragmented data remains a challenge for many healthcare institutions and an opportunity for tech startups.
Hotels & Tourism Singapore floats plans for new businesses in river precinct
The precinct’s placemaker aims to boost footfall with more immersive activities for all.
HR & Education Data-backed strategies needed in workplace setup decisions: expert
A human resources expert advised using data and listening to employees when deciding on workplace schemes.
Financial Services DPT service providers face higher costs under MAS’ investor protection measures
MAS has required all providers to hold customers’ money and assets in a trust.
Markets & Investing Will Singapore’s equity capital markets sustain its growth in 2H23?
In 1H23, equity capital raisings by Singaporean firms totalled US$2.6b.

Join the Singapore Business Review community