News
Singapore’s nightlife to remain dead as dining in resumes
Singapore’s nightlife to remain dead as dining in resumes
Pubs, bars and nightclubs may only resume F&B operations.
CapitaLand acquires two new international properties for $210m
The properties are located in France and Vietnam.
Changi Airport suffers $945m loss in 2020
This reflects a 318% decrease from its $438m profit in 2021/20.
Chart of the Day: Singapore has major chunk of total insurance premiums in SEA for 2020
The Lion City also has the highest insurance penetration amongst the six markets at 5.9%.
Daily briefing: SG slows down reopening; Job support extended until July
And Singapore households shrink in size.
Market Update: STI up 0.19%
City Developments Ltd saw the sharpest decline during Friday's trading, with a 1.61% drop.
IP coverage extended to COVID vaccines under WHO's special access route
It will apply to vaccines administered in Singapore under SAR.
VC Fund Accelerating Asia's 36 Startups raises collective US$27M till date
Its startups may now receive up to US$250,000 investment.
DBS invests in APAC private debt fund
The bank will anchor up to US$200m or 40% of the fund size, whichever is lower.
Prime US REIT to undergo lease restructuring with WeWork
A wholly-owned subsidiary of WeWork is occupying 56,977 sq ft of Prime’s California property.
Employment rate grows “more than expected” breaking 4-month decline
The jobless rate during the quarter also eased, but remained elevated.
Ascendas REIT trustee to issue €300m in notes due 2028
The notes are expected to be issued on June 23rd.
AIA Singapore extends COVID-19 benefits
Its IP coverage for vaccine complications now include those approved by WHO under EUL.
SG remains among top 10 most expensive locations in Asia
The Lion City ranks 13th most expensive location for expatriates in the world.
Chart of the Day: Private units sold in secondary market jump 6.5% in Q1
Due to construction delays, buyers may prefer "ready-to-move-in" properties.
Market Update: STI down 0.04%
Wilmar International saw the sharpest decline during Thursday's trading, with a 1.52% drop.
Daily Briefing: JTC, Shell Singapore to explore Semakau solar farm plan; “Tsunami of Money” likely for ESG investments: DBS
And Singapore's reopening still under review after recent outbreak
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