Daily Briefing: SGX mulls over tie-ups with overseas bourses; 100,000 homes may rise along Kallang River

And here's why Singapore bank's stocks are safe right now.

From Bloomberg Markets: Singapore Exchange Ltd., which runs Southeast Asia’s largest stock and derivatives market, has in recent months held exploratory talks about possible tie-ups with overseas exchange operators, people familiar with the matter said. Discussions with parties including Nasdaq Inc. and CME Group Inc. have ranged from potential collaborations to the sale of a stake in the company or even a full merger, the people said, asking not to be identified as the details aren’t public.

From PropertyGuru: There is potential to develop another 100,000 residential units along both sides of the Kallang River over the next 20 years, revealed the Urban Redevelopment Authority (URA). The URA announced this following the launch of an exhibition on Wednesday (29 March), showcasing opportunities to rejuvenate the 10km-long river and surrounding areas. Dubbed “A River Runs Through It”, the exhibition is a call for public feedback and ideas on a preliminary conceptual plan to rejuvenate Singapore’s longest natural river.

From Motley Fool: Singapore’s three big banks are some of the largest listed companies in the local stock market. They are also financial institutions where many Singaporeans deposit money in and where many companies obtain financing from. They are safe because they have very robust leverage ratios. At the end of 2016, DBS, OCBC, and UOB have leverage ratios of just 10.8, 11.1, and 10.3, respectively.
 

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.


If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Exclusives

Singapore, Hong Kong take rival paths to capture global gold trade
One builds MAS-backed vaulting for central banks, the other opens a pipeline to Shanghai.
Monday.com picks Singapore for Southeast Asia expansion
Its in-house designers created Singapore-inspired artwork in the company's colors.
Tsuklio targets dual-income families in Singapore expansion
The Japanese meal subscription platform logged 3,000 pre-registrations before launch.