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.

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.