News
ESR-REIT completes S$149.6m equity fundraising
ESR-REIT completes S$149.6m equity fundraising
It consists of S$49.6m preferential offering and S$100m private placement.
Genting Singapore IR RFP grinds to a halt
Yokohama’s newly elected mayor voiced his opposition to the IR bid.
ESR REIT completes S$149.6m equity fund raising
It consists of S$49.6m preferential offering and S$100m private placement.
Singapore records 2.5% increase in consumer prices
The transport expenditure saw the highest increase at 9.6% YoY.
Daily briefing: SG, US strengthen cybersecurity cooperation; SG agrees to new climate partnership with US
And travel agencies in Singapore expect more queries for Germany travel.
Chart of the Day: Retail rental growth in Singapore is still negative
OCBC Investment Research cited data URA which said the Retail Rental Index fell 0.5% QoQ in Q2 2021.
Market Update: STI Down 0.41%
Yangzijiang Shipbuilding, ThaiBev, and Capitaland were seen with the least growth today.
Singapore secures third spot in Safe Cities Index 2021
The country joins Copenhagen, Toronto, Sydney and Tokyo in the top-five finish.
Hong Leong Asia sees 110% growth in PATMI
Higher diesel engine sales helped in this growth.
UOB adopts the Equator Principles to refine sustainability strategy
The bank will apply the principles to assess and manage environmental and social risk projects.
Foreign wholesale trade up 47.3% YoY for Q2 2021
Petroleum products lead the increase with a 100% increase YoY.
Singapore, China affirm bilateral economic ties in IPC Meeting
The two countries discussed the progress of bilateral cooperation projects and agreements.
Domestic trades jump by 49.8% YoY for Q2 2021
The trade of metals, timber, and construction materials contributed the most, seeing a 105.2% increase.
Daily briefing: US VP Harris to visit SG next week; SG economy relies on 'openness': Health Minister
And Singapore will not reach herd immunity despite the high vaccination rate.
Market Update: STI Up 0.56%
SATS, DairyFarm, and Capitaland were seen with the least growth today.
Majority of SG executives said automation helped upskill finance staff
More than half of C-suite executives said automation relieved them of at least a quarter of their workload.
Vaccinated Travel Lanes to be implemented in Singapore
The pilot VTL arrangements will take place with Brunei and Germany.
Commentary
When it comes to AI, there is no such thing as too many chefs
The agility trap: Why most Singaporean businesses are structured for stability, not speed
Building a Southern Malaysia supply chain ecosystem for Singapore’s advanced manufacturing
Failed talks, rising costs: Why Singapore still feels the shock of Middle East tensions
How Singapore consumer brands can build strong supply chains amidst rising input costs
Singapore’s AI ambitions will rise or fall on infrastructure
Why a clear digital roadmap is essential for business success
Singapore’s port model is under pressure as shipping disruptions reshape trade
The trust tax: Navigating the ‘sophistication shift’ in Singapore’s digital economy
Conflict, costs, and construction: Where can margins still be saved?