News
Daily Briefing: DBS to halt coal financing by 2021; Swire Properties unveils first residential project
Daily Briefing: DBS to halt coal financing by 2021; Swire Properties unveils first residential project
And the number of overseas medical schools approved for practice in Singapore will be cut to 103.
Chart of the day: Number of tenancies for single-user factory hit 130 in January-February
Overall, the industrial property market has stayed largely flat during the quarter.
Keppel O&M bags integration and upgrading contracts worth $160m
Keppel Shipyard will do integration work for a FPSO vessel whilst Keppel FELS will upgrade the rig Ocean Onyx.
Keppel REIT net property income up 0.3% to $31.31m in Q1
It was saved by higher one-off income that was offset by lower incomes from properties.
ICBC Singapore issues US$2.2b green bond for Belt and Road projects
The offering is available in three currencies: USD, CNY and EUR.
COE prices extend steep uptrend in April
Premiums for open category COEs rose to a one-year high at $52,410.
UBS Singapore to occupy 9 Penang Road by 2020
The building will house 4,000 staff and the bank’s in-house university.
PUB issues termination notice to Tuaspring
It provides a 30-day notice period before the plant takeover.
Over half of SMBs ignore government digitalisation initiatives
This is despite firms being hampered by the lack of digital talent and data.
S-REITs' slashed exposure to CWT properties even before CWT International's default
AIMS APAC REIT, of which CWT is a major tenant, has chosen a partial master-leased structure for selected assets instead of a full one.
Expression of interest for Jurong Lake District integrated tourism development to be launched
The exercise will close in early November 2019.
Qoo10 upgrades financial offerings in UOB tie-up
Small businesses will be able to apply for financing directly on Qoo10’s site.
Daily Markets Briefing: STI up 0.5%
Expect muted gains today.
Chart of the day: Public property investment sales soared from $110m to $3.1b in Q1
This supported the growth of total investment sales which rose by 34% to $6.3b in Q1.
Daily Briefing: Deals buoy commercial property sector in Q1; Singapore lifts passport stamp requirements on departing foreigners
And Go-Jek poaches an ex-Bain consultant from Apple as VP of strategy and planning.
OCBC seeks partner for securities venture in China
The move complements its goal of doubling pre-tax profit from Greater Bay Area to $1b by 2023.
Singapore's private banks hold steady amidst industry rout
The AUM of Bank of Singapore rose 3% to US$102b.
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Commentary
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