News
Mapletree Industrial Trust to acquire US data centre for up to $356.6m
Mapletree Industrial Trust to acquire US data centre for up to $356.6m
The property valuation is up to 2.2% higher than the purchase considerations.
Daily Markets Briefing: STI down 0.08%
Top Glove led the gains amongst top active stocks with a 21.13% expansion.
Sembcorp signs MOU to develop renewable energy solutions for data centres in China
It is not expected to have a material impact on Sembcorp’s EPS.
Ascendas REIT prices $300m green issuance at 3% per annum
The orderbook was in excess of $725m across 57 accounts.
Chart of the Day: Singapore's top 10 fintech deals raised $259m in H1
This makes up 73.8% of all investments in the country during the period.
Daily Markets Briefing: STI down 0.29%
AEM saw the sharpest decline amongst top active stocks with a 11.32% contraction.
Daily Briefing: Sirius Venture leads $1.37m funding in Aerospring; InfoCorp rolls out Sentinel Chain
And around $40m awarded to 9 farms to increase local food production.
SIA cuts 4,300 jobs
The group has begun discussion with its Singapore-based unions.
Temasek invests in $137m water impact fund
It will invest in early to expansion stage companies in the water space.
MAS floats guidelines to bolster FIs' ethics, accountability
Senior managers responsible for core functions should be identified.
Mastercard, Singapore Tourism Board to boost country's tourism offerings
They will co-creat digital initiatives for seamless travel and e-commerce.
Find out who won at the first virtual Malaysia Technology Excellence Awards
More than 25 companies were hailed in this year’s digital presentation.
CapitaLand's Rochester Commons to be completed in Q4 2021
It will feature a hotel, an office tower, heritage bungalows, and a centre for learning technologies.
SIAS levels queries to Accordia Golf Trust over planned stake sale
It questioned whether they will consider disposing underperforming assets vs its entire portfolio.
Utico extends deadline for rescue offer to Hyflux
The company said that it will remain open regardless of whether a judicial manager is appointed.
Daily Markets Briefing: STI down 0.22%
Sembcorp Industries saw the sharpest decline amongst top active stocks with a 38.74% contraction.
MAS outlines plans for smooth transition to SORA in 2021
By October, they plan to release specific deadlines to cease SOR use in new financial products.
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?