Singapore
Outstanding winners honoured at the 11th Asia Pacific Entrepreneurship Awards 2019
Outstanding winners honoured at the 11th Asia Pacific Entrepreneurship Awards 2019
The 11th chapter of the Asia Pacific Entrepreneurship Awards (APEA) 2019 Singapore was successfully concluded at Singapore Marriott Tang Plaza Hotel on 12 July 2019.
UIC profits skyrocketed 186% to $490.4m in H1
Higher sales from trading properties, hotel operations and technology operations boosted earnings.
Temasek unit invests $5m in HC Surgical Specialists
It will be done through a 3-year 5.5% convertible bond at a conversion price of $0.54 per share.
Frasers Logistics & Industrial Trust's NPI climbed 24.4% to $46.3m in Q3
Acquisitions in Australia and Europe pushed income up.
Hyflux white knight Utico mulls $500m Singapore IPO
The company will be valued by at least $2b.
EU to deny five nations, including Singapore, some market access rights: report
This would remove a status enabling European banks to rely on credit ratings.
DBS profit surges 17% to $1.6b in Q2
Income hit a record $3.71b.
Chart of the Day: Office property investments nearly doubled to $1.9b in Q2
It outgrew the residential segment where investments plummeted to $914.2m.
Daily Briefing: Healthcare subsidy income ceiling to rise by up to $300 in October; Hospitality start-up RedDoorz secures $61.6m in series B round
And Singapore-based robo-advisor StashAway bags $16.4m in series B funding.
Daily Markets Briefing: STI down 0.52%
Singtel fell the most amongst top active stocks with a 4.9% decrease.
Beyond Japan: Sompo Holdings Asia's journey towards a sturdy retail platform
The insurer seeks to build and reinforce brand awareness for direct consumers in key Asia Pacific markets.
HDB resale transactions jumped 29.8% in Q2
Changes to the CPF may have stoked demand for HDB resale flats.
Unemployment rate hits 3.3% in Q2
Employment declined in the retail and manufacturing sectors.
Retail rentals down 1.5% in Q2: URA
However, the prices of retail spaces increased by 0.4%.
Manufacturing output down 6.9% in June
The electronics and transport engineering segments led the decline.
Private home prices rose 1.5% in Q2: URA
Condo prices rose 2% whilst landed property prices fell 0.1%.
Mapletree Industrial Trust eyes international buys to boost overseas AUM to 30%
It could enter third party deals in Europe and Asia to drive DPU growth.
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