News
Olam secures $522.49m European revolving credit facility
Olam secures $522.49m European revolving credit facility
The facility has a 364-day tenor and is guaranteed by the firm.
Bharti Airtel to sell 25% of its data centre business to Carlyle Group
Terms will come once the latter’s subsidiary completes its $327.47m investment into Nxtra.
ZEDRA acquires BNP Paribas Singapore Trust
It will be renamed to Zedra Trustees (Singapore) Limited.
Top telecoms' returns down 10% YTD
Its three-year average returns also dipped 10%.
HDB resale prices up 0.2% in Q2
Prices of HDB resale flats had remained stable over the last two quarters.
Private home prices slid 1.1% in Q2: URA
This represents a second consecutive quarter decline in the prices of private homes.
Payment delays ease in Q2
The retail and services sectors continue to drag prompt payments, whilst others recover.
MatchMove, JustLogin collaborate to digitise HR solutions
This is said to enable employees to adopt digital payments.
Temasek looks to inject up to $139.34m into India's Zomato: report
This comes after a previously announced investment by Ant Financial was delayed.
SGInnovate launches Deep Tech for Good initiative
It aims to accelerate the use of AI and other technologies to improve human condition.
Frasers Centrepoint Trust ups stake in PGIM ARF for $197.2m
The trust’s interest in ARF will be raised to 36.89% from 24.82%.
Entropica Labs aims to make quantum computers commercial
The startup creates algorithms, software tools, methods and models for quantum computers.
Daily Briefing: Temasek-led group invests $348.57m on BioNTech vaccine; Botsync clinches undisclosed seed round
And standardised packaging required on all tobacco products from 1 July.
Chart of the Day: New home sales surged 75% in May
Resale segment slumped 53% to 174 units.
Daily Markets Briefing: STI up 0.61%
SGX led the gains amongst top active stocks with a 3.47% expansion.
Mapping startup nabs $7m in series A funding
Their first product is Nextbillionmaps, a platform offering routing and direction services.
UOB Asset Management opens Taiwan's first S-REIT fund
This aims to help retail investors seek income growth amid low interest rate environment.
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