Singapore
UBS Singapore to occupy 9 Penang Road by 2020
UBS Singapore to occupy 9 Penang Road by 2020
The building will house 4,000 staff and the bank’s in-house university.
PUB issues termination notice to Tuaspring
It provides a 30-day notice period before the plant takeover.
Over half of SMBs ignore government digitalisation initiatives
This is despite firms being hampered by the lack of digital talent and data.
S-REITs' slashed exposure to CWT properties even before CWT International's default
AIMS APAC REIT, of which CWT is a major tenant, has chosen a partial master-leased structure for selected assets instead of a full one.
Expression of interest for Jurong Lake District integrated tourism development to be launched
The exercise will close in early November 2019.
Qoo10 upgrades financial offerings in UOB tie-up
Small businesses will be able to apply for financing directly on Qoo10’s site.
Daily Markets Briefing: STI up 0.5%
Expect muted gains today.
Grocery players' struggles hold firm despite store supply spike
The sharp 4% growth of outlets in 2018 marks the sector's cyclical problem as supply has only grown 1.6% for the past five years, an analyst said.
Chart of the day: Public property investment sales soared from $110m to $3.1b in Q1
This supported the growth of total investment sales which rose by 34% to $6.3b in Q1.
Daily Briefing: Deals buoy commercial property sector in Q1; Singapore lifts passport stamp requirements on departing foreigners
And Go-Jek poaches an ex-Bain consultant from Apple as VP of strategy and planning.
OCBC seeks partner for securities venture in China
The move complements its goal of doubling pre-tax profit from Greater Bay Area to $1b by 2023.
Singapore's private banks hold steady amidst industry rout
The AUM of Bank of Singapore rose 3% to US$102b.
Ascendas Property raises total note issuance from $500m to $1.5b
The firm has also entered into a supplemental trust deed with DBS Trustee.
Keppel O&M gets go-ahead to start conversion works for $1.28b FLNG project
The Gimi floating liquefaction vessel is designed to produce 2.5 million tonnes of LNG per annum.
Singapore NODX fell 11.7% in March
Both electronic and non-electronic exports weakened.
SPH buys UK student dorm portfolio for $237m
The portfolio spans three cities and has a total capacity of 1,243 beds.
Singaporeans' inflation expectations edged up to 3.1%: poll
Expectations across all categories of CPI-All Items inflation moved up QoQ.
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