Singapore
Keppel Pacific Oak US REIT bags US$115m loan facility
Keppel Pacific Oak US REIT bags US$115m loan facility
The loan facility was obtained through a facility agreement on 19 July.
OUE braces for H1 loss amidst China property market woes
It attributed its expected loss to partially owned investee company GPI.
Singapore tops the list of safest cities for tourists: Forbes
Singapore received the top travel safety rating and the lowest natural disaster risk.
Kassia sells 52% of its units during launch
The most popular units were the one- and two-bedrooms.
CapitaLand India Trust invests $108.99m in new Mumbai office building
The property increased CLINT's total portfolio floor area by 4.0%
Income Insurance seeks to fill billion-dollar financing gap in climate transition
The region skimmed its carbon intensity by 2.8%, far below the 17.2% needed.
Low Q2 shophouse transactions not reflective of market interest
In Q2, sales fell 30.4% QoQ and 66.0% YoY.
Daily Markets Briefing: STI down 0.68%; Top stock is ThaiBev
ThaiBev is the top stock with a 1.00% increase.
MAS “closely monitoring” global IT outage
Major banks reported little to no impact to customers and key operations.
Singapore’s AUM reaches $5.41t in 2023, up 10% YoY
It grew in line with the 10% CAGR over the past five years.
Yoma Holdings unclear on Serge Pun’s detention or house arrest
CEO Melvyn Pun says his father remains in Nay Pyi Taw, cooperating with authorities.
Astrea 8 bonds achieve a 3.1x subscription rate
Class A-1 bonds had a 2.9x subscription rate, whilst Class A-2 had 3.9x.
MAS posts $3.8b net profit in FY23/24
It made investment gains of $12.7b.
Singapore's wealth management sector to sustain growth, says MAS director
This is despite the recent money laundering case.
URA tender for Canberra Crescent site closes with three bids
Top bid for the site was $279m.
Pan-United launches electric concrete mixer truck
It features a robust 350 kWh battery, delivering up to 360 kW at peak power.
Winking Studios increases capital in Shanghai subsidiary
It was increased from $18.5m to $38.6m
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