News
Listed, local and international firms reign on top at Singapore Business Review Awards 2019
Listed, local and international firms reign on top at Singapore Business Review Awards 2019
Over 150 guests graced the dinner and awards held at the Conrad Centennial Singapore on Thursday, 11 July.
Indian airline Vistara to fly to Singapore for its first international flight
It will take off in August.
Frasers Centrepoint secures 33.3% stake in Waterway Point for $240.5m
It launched an equity fund to raise gross proceeds of $437.4m.
Thomson Medical Group priced $225m 3-year senior bond in maiden bond offering
Proceeds will be used to refinance its existing debts and extend its debt maturity profile.
SPH REIT's NPI up 14.2% to $46.32m
The income boost came from its Rail Mall and Figtree Grove Shopping Centre properties.
Keppel Land buys three Vietnam land parcels for $76m
It will develop around 2,400 premium apartments with local developer Phu Long Real Estate Corporation.
Singapore GDP growth slows down to 0.1% in Q2
The manufacturing sector continued its sharp decline and contracted 3.8%.
Mapletree Industrial Trust's DPU could get 2.5% leg up from Kolam Ayer 2 Cluster redevelopment
It will add a 211,000 sqft build-to-suit facility for a global medical device firm.
Daily Markets Briefing: STI up 0.3%
DBS led the gains as it stock rose 0.83%.
Chart of the Day: Virtual banks may only account for less than 1% of Singapore loan market by 2022
The retail upstarts may account for 0.3% market share and wholesale challengers will take 0.9% of the market.
Daily Briefing: Higher premiums may loom amidst SGXRegCo's new delisting rules; Indonesia to set up sea bridge with Singapore
And Vietnam-based KinderWorld International Group scraps its planned SGX IPO.
Hyflux ‘progressing' towards binding $400m deal with Utico
It will see the utilities firm taking up an 88% stake in the water treatment firm.
Parenting startup theAsianparent raises series C funding
It will use the proceeds for its planned expansion into Asia and Africa.
Singapore crowned as top international shipping centre for sixth straight year: study
The report lauded the city’s strength in ship management and shipbroking services. Singapore defended its crown against Hong Kong to rank as the top international shipping centre for the sixth year in a row, according to the 2019 Xinhua-Baltic International Shipping Centre Development (ISCD) Index.
Enterprise Singapore launches inaugural Scale-up SG programme
The 2.5-year programme will help fuel the expansion plans of local firms.
UOB to issue $750m 3.58% perpetual capital securities
They will be issued under its US$15b global medium term note programme.
SGX RegCo alters two voluntary delisting rules
Offerors and concert parties must abstain from voting on the delisting resolution.
Commentary
Bootstrapping in Singapore: How small startups can thrive without investors
How outdated financial solutions are fuelling the SME exodus
The role passwordless plays in securing Singapore’s digital future
Green shipping's future: Strategic partnership between public and private finance
The great Singapore family business transition: Why legacy companies are choosing sales over succession
Why SG60 must mark a cybersecurity turning point
What the global financial crisis can teach Singapore about decision-making today
Singapore is ready for EVs, but the industry needs to catch up
Navigating public–private collaboration in Singapore’s health tech and life sciences landscape