News
Chart of the Day: Industrial rents dipped 0.1% in Q2
Analysts believe rents will be strengthened by the expansion in the manufacturing sector.
Daily Briefing: NTUC chief urges employers to raise retirement age; GIC to buy minority stake in a Spanish telco
And Tre Ver condo prices will be discounted amidst property curbs.
Daily Markets Briefing: STI up 0.05%
Wall Street's weakness could hit gains today.
Keppel Capital and MindChamps to raise $200m for education real estate fund
It will invest in preschool and early learning real estate assets in the Asia Pacific.
SIAS cuts member database access in new website
It will launch the website on 28 July.
Katong Plaza and Fortune Park extend tenders amidst property curbs
Developers want more time to study their bids.
Manufacturing output jumped 7.4% in June
All sectors recorded growth, led by biomedical manufacturing at 13.8%.
Singapore's 50 richest people just got 11% richer in 2018
The Ng brothers alone got a boost of US$25b.
South Korean startup enters Singapore's ride-hailing scene
It is the first blockchain-based ride-hailing service in the world.
Industrial property prices slipped 2.1% in Q2
Occupancy rate remained stable at 88.7%.
OCBC Q2 loan growth to hit 10% as Indonesian and Chinese arms outperform
Banking fees are also expected to rise 13.8%.
Auctioned properties jumped to 9-year high at 454 listings in H1
The aggregate value of properties sold at auctions plummeted to $35.3m.
Temasek prices US$1.35b bonds at 72 bps over Treasuries
Investors will be paid every six months, at a coupon rate of 3.625% per annum.
Suntec REIT bullish amidst office rents upturn
Suntec City's relatively lower rents of $10 to $11 psf/month could lure more tenants.
4 in 5 Singapore SMEs eye expansion in the ASEAN
2 in 5 firms target Indonesia for further expansion.
Temasek leads US$85m funding round for US fitness startup
ClassPass targets expansion in Southeast Asia.
Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform