Singapore
Luxury co-working spaces on the rise in Singapore
Luxury co-working spaces on the rise in Singapore
The Work Project launched MARK, its brand new members-only business club, whilst The Great Room has just signed on a 15,000 sqft space at Raffles Hotel.
Daily Markets Briefing: STI up 0.55%
Don’t expect gains today.
Daily Briefing: Singapore law firm clears Wirecard of some corruption claims; Temasek invests US$29m in Vietnamese Internet major VNG
And tech-enabled student housing startup Oxfordcaps raises $11m in series A funding.
Chart of the Day: Manufacturing output growth hits 0.7% in February
On a month-on-month basis, manufacturing output decreased 4.1%.
Average Grade A CBD office rents hit a decade high at $10.63 psf in Q1 2019
Rents in the Marina Bay submarket led the increase.
Two-shift taxi trips grow after nearly three-year slump
Taxi rides for two-shift taxis rose for the third month in January at 3.2%.
IPOS extends its Mediation Promotion Scheme for three years
The enhanced scheme will be effective on 1 April 2019.
Singapore's passport is the most powerful in the world
It shared the top spot with Japan and South Korea, having visa-free access to 189 countries.
Raffles Infrastructure Holdings defends $320,000 directors' fees
The board deemed it reasonable given the change in its financial year end from 31 December to 30 June.
First Sponsor Group to undertake rights issue for $399.5m
It dropped its initial plan to issue warrants for perpetual capital securities.
Will a tougher training scheme hurt lawyer headcount?
Practice trainees should be conferred with limited rights after six months of training and focus on a single law practice for a year.
Hyflux to resolve disputes over Algerian desalination plant through ICC
It needs to respond to disputes over three deals and one protocol through arbitration.
Frasers Property launches A$600m ‘green' loan in Australia
It will refinance an existing debt facility due in 2020.
SIAS slams Hyflux as path to restructuring with SMI turns foggy
Investor anxiety is rising as Hyflux is not resolving issues to keep the restructuring on track, it said.
New Silkroutes Group disposes stake in International Energy Group for US$10m
It was sold to TK Energy Limited.
Sabana REIT's Tuas Avenue property deal called off
Its buyer, Kim Soon Lee (Lim) Heavy Transport, will be given a refund of $1.12m.
Mapletree Investments reveals design for Grade A office twin towers V Plaza in Vietnam
The 27-storey office complex will offer 66,000 sqm in net lettable area.
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Commentary
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