News
CCT launches $700m rights issue
It will fund the Asia Square Tower 2 acquisition.
GIC to acquire Sheraton Grande Tokyo Bay Hotel for $1.2b
It will hold a 51% majority stake.
Selling of Great Eastern Malaysia unlikely to impact OCBC
It accounts for a normalised 6% of OCBC's net profit.
CapitaLand establishes investment holding subsidiary
It also increased shares in its two other companies.
ERA Realty Network IPO launched
It is priced at 66 cents per share.
Asia Square Tower 2 sold to CCT for $2.1b
It marks the largest office deal in Singapore YTD.
Chart of the Day: 3,640 workers retrenched in Q2
Incidence rate dipped to 1.8%.
Genting establishes Japan branch
It will help develop its leisure and hospitality businesses.
Hotel supply to increase by 4% for the rest of 2017
But revPAR could dip by 3% this year.
Daily Markets Briefing: STI down 0.04%
Don't expect boosts for now.
Daily Briefing: Healthtech startup raises $5.2m; Poh Tiong Choon Logistics looking to privatise
And a Canadian team wins $100,000 in a business plan contest.
OUE incorporates 8 new subsidiaries
Six are investment holding firms.
Why 2018 will be a ‘turnaround year' for the hospitality sector
Growth drivers include a new airport terminal and more calendar events.
Singapore's 20 largest hotel, resto, and leisure stocks gain 19.8% YTD
Price gains averaged 18% in June.
COE premiums rise across the board in September
Category A premiums rose to $42,902.
Singapore is top incentive travel destination for SEA companies
It ranked fifth overall.
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