Markets & Investing
Daily Briefing: HDB eyes to sell build-to-order flats in Punggol Point District; SGX taps US firm to lure US companies to list in Singapore
Daily Briefing: HDB eyes to sell build-to-order flats in Punggol Point District; SGX taps US firm to lure US companies to list in Singapore
And Singapore-based startup Travelstop launched with US$1.2m seed fund.
Nikko AM offers new Corporate Bond ETF
It has garnered about $83m of initial assets under management by the end of the subscription period.
Daily Briefing: PM Lee says nearly every household owns ‘substantial' home asset; Lazada to offer loans for its Singapore partners
And a Sentosa Cove bungalow is sold for $33.3m.
Perennial prices additional $10m notes at 5.95%
It will be consolidated as a single series with the $170m existing notes.
Corporate compliance in Singapore is the second easiest in Asia
The city continues to simplify and streamline its processes, a study says.
China M&A deal values fell 18% in H1
Domestic strategic M&A crashed 27% to about US$1b.
SGX taps exchange trade platform M-DAQ to launch multi-currency trading prototype
The platform will let investors access embedded interbank FX pricing at the point of transaction without slippage.
Daily Briefing: Redevelopment schemes could threaten Singapore's architectural history; CBD conservation shophouse up for sale at $17m
And here’s why Malaysia is amongst Singapore firms' choices for expansion.
Perennial Real Estate issues $170m notes at 5.95%
Some firm executives bought 26.4% of the entire issue.
Singtel prices US$500m 10-year notes at 3.88%
It was 5.7 times oversubscribed.
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.
Daily Briefing: Lease buyback scheme to include all 5-room and larger flats; VC firm Qualgro unveils new US$100m funding for startups
And fintech startup X Infinity raises US$20.5m from private sale.
CDL paid $2.85m for 300,000 shares in inaugural buyback exercise
A portion of it may be deployed for the firm's long-term incentive plans.
OCBC prices $1b perpetual capital securities at 4%
They will be issued by 24 August and will be first callable in 2023.
Fintech firm Ayondo reallocates IPO proceeds amidst 9% revenue dip
It utilised some IPO proceeds for its general working capital.
Daily Briefing: Malaysian PM eyes tenfold water price hike for Singapore; Temasek joins US$135m funding for VC firm Openspace
And LTA seized bicycles and personal mobility devices in a move against errant retailers.
Temasek joins US$150m funding for US biotech firm
Orchard Therapeutics will utilise the funding to register and commercialise their clinical programs.
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