Singapore

Daily Markets Briefing: STI up 1.03%

Investors are cautious as they await the Fed's rate decisions.

Chart of the Day: Singapore visitors hit by lack of hotel supply

Room occupancy remains well in excess of 84% despite the new supply.

Pharma sector taps into generic medicine market to curb higher expenses

Their market share of sales is forecast to rise from 31.4% in 2017 to 38.9% by 2027 at $690m.

Short seller reports put heat on Venture for the rest of H1

Analysts cite weak e-cigarette sales of Philip Morris, which contributes 10% to Venture's revenue.

Singapore bank lending up 5.4% in March

Thanks to sustained demand for home and corporate loans.

Marvelstone opens Smart City Innovation Lab in Singapore CBD

The facility will focus on fintech, blockchain, and AI for 20,000 startups and institutions.

Tokyo Metropolitan Government opens Singapore office

It aims to attract foreign companies and investment to Tokyo.

SPH REIT buys The Rail Mall for $63.24m

It will use the property to improve its food and beverage offerings.

Anapi offers protection for digital startups

Its smart API platform is complemented by a machine learning engine.

Singapore needs more hotel rooms for increasing visitor arrivals: Colliers

It said the hotel room supply of 628 rooms in 2018 will immediately be absorbed.

Fraser and Neave buys 4.42% stake in Tsit Wing for $9.95m

They will also explore business opportunities for beverages.

CDL Hospitality Trust Q1 net property income up 5.4% to $37.8m

It cited inorganic contributions from acquisitions and an improved Singapore hotel performance.

Oxley buys 10.07% stake in Aspen Group for $23.28m

The two may enter into a joint venture for Malaysian development projects.

Alstom to make 6 North East and 11 Circle Line trains for $250m

The trains will be shipped to Singapore from 2020 to 2021.