Markets & Investing
S$216m funds raised for startups: EDBI, SEEDS Capital
S$216m funds raised for startups: EDBI, SEEDS Capital
This is under the Special Situation Fund for Startups investment scheme.
Keppel divests 100% equity interest in Chengdu Shengshi Jingwei Real Estate
The sale is worth RMB1,561m (S$324m).
FLCT issues S$150m sustainability notes
The seven-year notes will mature in 2028.
Daily briefing: SG stocks outperform peers in region amidst pandemic: HSBC; Dream Cruises return to port as passenger contracts COVID-19
And COVID-19 cases spike after KTV outbreak.
Temasek breaks record with net portfolio value of $381b
The state investor divested $39b and invested $49b in the financial year ending 31 March 2021.
Sustainable stocks outperformed during pandemic
Nearly a third of STI stocks announced strategy changes that focus on sustainability and governance.
7 in 10 capital market firms to focus on risk management: survey
37% of firms said they identified new demands on risk management.
Market Update: STI up 0.72%
Only two stocks posted losses on 9 July, Friday.
Keppel divests of German data centre
Its completion is expected to take place in the third quarter of this year.
Razer unit invests US$2.3m in console creator Loupedeck
Loupedeck seeks to continue its live stream growth.
Market Update: STI down 0.2%
Venture saw the sharpest decline during Friday's trading, with a 1.04% drop.
Market Update: STI down 0.2%
Mapletree Commercial Trust saw the sharpest decline during Thursday's trading, with a 1.39% drop.
Daily briefing: APAC stock markets lead global charts in H1; SG grants interim authorisation for GSK-developed drug use for COVID-19
And Suntec REIT announces plan to buy London office for US$489m.
ESG funds, the next trend in early stage investments?
Logistics, SaaS, health tech, and e-commerce industries to see significant growth in this ‘golden age of technology'.
Market Update: STI up 1.33%
Keppel DC REIT saw the sharpest decline during Wednesday's trading, with a 0.80% drop.
SPDR Gold Shares ETF can now be traded in SGD
USD will remain its primary currency.
Regulatory bodies extends online dissemination of rights issue and take-over documents
The temporary measure will continue to be in place until revoked or amended.
Commentary
Digital identity in the age of AI: Singapore’s strategic advantage
Why Singapore-based firms still underestimate the human side of doing business in North Asia
Singapore's hiring slowdown: A call for data-driven resilience
When it comes to AI, there is no such thing as too many chefs
The agility trap: Why most Singaporean businesses are structured for stability, not speed
Building a Southern Malaysia supply chain ecosystem for Singapore’s advanced manufacturing
Failed talks, rising costs: Why Singapore still feels the shock of Middle East tensions
How Singapore consumer brands can build strong supply chains amidst rising input costs
Singapore’s AI ambitions will rise or fall on infrastructure
Why a clear digital roadmap is essential for business success