Singapore
Daily Briefing: Housing loans shrink for third straight month in April; Over 270 F&B outlets to phase out straws by July
Daily Briefing: Housing loans shrink for third straight month in April; Over 270 F&B outlets to phase out straws by July
And heavy demand met First Sponsor Group’s $147.6m rights issue.
Singapore beats Hong Kong as Asia's top treasury location
More multinationals still prefer the Lion City with 4,200 regional headquarters based in Singapore, the largest in APAC.
Standard Chartered to launch FX e-trading and pricing in Singapore
It will allow FX e-trading of over 130 currencies.
Grade A office rents up 3.2% in Q1 as supply tapered off
Occupancy has recovered to a healthy 95.2%.
Commercial Affairs Department seizes Allied Technologies documents over probe
The company is subject to a probe on $33m missing from an escrow account with law firm JLC.
European office supplies provider Lyreco buys DeskRight
It looks to relaunch its strategy for Asia.
ST Engineering forms subsidiary in the US
The new unit will work on the upgrade and repair of drilling rigs, military, para-military and commercial ships.
Singapore startup Parcel Perform expands to Europe
It will also partner with Coureon Logistics to offer multi-carrier logistics for European e-commerce retailers.
Changi Airport Group forms six-party partnership with South Korean firms
Traffic rights will be given to three airlines to operate on the Singapore–Busan route.
High-priced industrial property transactions crashed 57% to $424.3m in Q1
The largest transaction was the $227.5m sale-and-leaseback deal with LTH Logistics.
ayondo chairman files share transfer notice six months late
The shares were transferred to existing shareholders of the firm on 22 November 2018 via Next Generation Finance Management AG.
Blackstone buys GLP's US logistics assets for record US$18.7b
Its real estate arm will get 115 million sqft for US$13.4b.
Funan to open doors on 28 June
It will open two months ahead of schedule with a 92% commitment for its retail leasing.
Keppel Data Centres invests $21.5m in Series C round of Luxembourg data centre developer
Etix has a network of data centres across Europe, Africa, Latin America and Southeast Asia.
Daily Markets Briefing: STI down 0.8%
Don’t expect gains today.
Daily Briefing: Temasek's philanthropic arm launches impact investing PE fund; Morgan Stanley cuts down Asian equities team
And e-scooter platform Beam is expanding to Malaysia.
Chart of the Day: New office supply pipeline to hit 7.6 million sqft by 2023
Office rents are expected to rise 8-10% amidst low vacancy levels of 3%.
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