Singapore
Noble runs into creditor trouble over restructuring deal
Noble runs into creditor trouble over restructuring deal
Some perpetual bondholders in the UK filed a lawsuit against the company.
GIC and Sequoia China invest $54.04m in Korean app maker
The deal is GIC’s first investment for a Korean startup as well as Sequoia China’s first venture in a Korean company.
MindChamps acquires Sydney preschool for $5.5m
Two more Sydney pre-school centres are in the process of acquisition.
Foreign direct investment from Singapore fell 11.79% to US$24.7b
This was due to a significant fall in foreign direct investments in the financial sector.
Singapore NODX surged 15.5% in May
Non-electronics jumped 26.2% and offset the 7.8% decline in electronics.
Grab's $500m syndicated facility deal 2.5 times oversubscribed
The deal will fund Grab Car’s vehicle fleet.
Noble Group eyes sale of Ocean Forte for $32.2m
It expects to gain profits of US$300,000 from the sale.
Keppel expects $43m gain from $205m sale of Shenyang township project
It said it is recycling assets for higher returns.
How Singapore can truly become a smart nation
Singapore is seeing the possibilities and benefits of adopting smart city initiatives and infrastructures. In line with the milestones set in place by Singapore’s Smart Nation Initiative in late 2014, the government has been putting in the effort and resources to meet their timeline.
Ascendas Hospitality Trust buys 3 Osaka hotels for $126.1m
All 3-star hotels offer 518 rooms in total.
Daily Markets Briefing: STI down 1.05%
Investors are urged to take caution.
Daily Briefing: Singapore asset managers drop some Malaysian bonds over 1MDB scandal; NSE tries to lure investors after SGX fallout
And Google’s new hire highlights its hiring raid on Singapore banks.
Chart of the Day: Singapore-listed equity raising in H1 jumped 208.6% to $4.33b
It was bolstered by follow-on offerings with proceeds worth $3.79b.
Singapore's Ho Bee Land buys London Grade A office tower for $1.16b
The property, Ropemaker Place, is 21 stories high and 602,000 sqft large.
SGX to list Nifty contracts after August amidst arbitration
The hearings after arbitration are expected to start early-2019.
SGD bond markets down 41.9% to $7.5b YTD
LTA’s $1.2b bond offering is 2018’s largest so far.
Industrials led Singapore's cross-border IPOs in H1
They had a market share of 39% and total proceeds of US$36m.
Commentary
‘Tokenmaxxing’ – The wrong AI race to run in Singapore
To outsmart modern fraud, we must first know the enemy
Why Singapore SMEs cannot wait for quantum cyber risk to arrive before securing data
Is Singapore's emphasis on long-term security and stability hindering purpose-driven employees?
When Singapore's agentic AI ‘chefs’ arrive, will the kitchen be ready for them?
What Singapore’s app store rules reveal about the future of online trust
Faster hiring alone will not fix construction’s productivity problem
Beyond policy: How Singapore's service sector can win at the frontline
Solving the production problem behind Singapore’s ‘pilot purgatory’
Transformation without disruption: Your Existing ERP is an accelerant to business innovation