Singapore

Perennial Real Estate issues $170m notes at 5.95%

Some firm executives bought 26.4% of the entire issue.

Can Singapore crack down on corporate malpractice before another scandal erupts?

The Code of Corporate Governance has been amended to beef up director independence and enhance board diversity.

Chart of the Day: $116.5m mid-August share buybacks beats July's total

It is the seventh successive month that the $100m buyback treshold has been crossed.

HSBC Singapore rolls out accelerator programme for SMEs

‘HSBC Pioneer’ runs for 12 months and operates on an invitation-only basis.

Singapore's domestic wholesale trade jumped 10.3% in Q2

The domestic retail trade of petroleum products inched up 23.3%.

Higher spending fails to boost retail rents from protracted slump

E-payments may not be fully taken into account in the sector’s quarterly performance.

New housing policies could make housing affordable to younger generations

It will give a boost to the ageing flats in the HDB resale market.

LTA awards $18.8m rail project to Siemens and ST Engineering consortium

It will consolidate asset information and maintenance records across the entire rail system.

Government to roll out voluntary early redevelopment scheme for households

Flat owners may opt to reject the scheme and stay in their residences until their lease expires.

Sheng Siong opens two stores in Woodlands

The group is expected to open two more stores within this year.

Imposing freehold leases would be socially divisive: PM Lee

HDB leases last 99 years in order to be fair to future generations, Singapore prime minister Lee Hsien Loong said.