News
Manulife US REIT to raise $195.83m via equity fundraising to buy California office tower
Manulife US REIT to raise $195.83m via equity fundraising to buy California office tower
About $185.77m will be used for the acquisition.
Singapore asset management industry defies global slowdown in 2018
AUM rose 5.4% to $3.44t.
SingPost rejects all offers for sale of US e-commerce businesses
Its US unit opted to file petitions for relief in the United States Bankruptcy Court.
OUE sells hotel and serviced residence businesses for $289m
Both components will be bought by DHI Holding.
Vertex Ventures SEA and India closes round for US$305m fund
It will back Series A tech startups in fintech, consumer internet, and enterprise technology.
Bahrain accelerates setup process for Singapore startups
Startups can get guidance from Bahrain’s accelerators as well as financial grants.
Daily Briefing: ARA Asset Management weighs Singapore float in dual listing plan; Search engine Wego partners with STB to boost tourism
And employee language discrimination cases fell in recent years.
Chart of the Day: Here are the top 5 Singapore commercial property investments in H1
They collectively accounted for 62% of the total commercial investments during the period.
Daily Markets Briefing: STI down 0.51%
YZJ Shipbuilding saw the sharpest decline amongst top active stocks with a 2.78% fall.
ST Engineering subsidiary buys anti-satcom jamming firm
Glowlink’s patented algorithm can remove satellite interference.
Singapore ranks as the world's third largest foreign exchange centre
Average daily FX trading volume hit $870.63b in April.
S-REIT IPOs hit six-year high at $2.24b
This marks the highest point since 2013.
Mapletree Industrial Trust raises $400m through oversubscribed private placement
It will be used to partially fund acquisitions and investments in North American data centres.
9 of 10 SIT fresh grads secured employment within six months
Over 80% got full time permanent work.
Daily Markets Briefing: STI down 0.65%
SingTel saw the sharpest decline amongst top active stocks with a 0.94% fall.
Chart of the Day: Areas for flexible workspaces to grow 24% in 2019
Demand will be driven by multinationals and not just startups.
Daily Briefing: Grab doubles down on food services for growth; Garlick Avenue bungalow for sale at $16.5m
And 330 childcare clinics across Singapore will raise fees in 2020.
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