News
Golden Mile Complex attempts second en bloc sale at $800m
Its land area of approximately 1.3 hectares and is zoned for commercial use.
SM Investments rejects restructuring leeway for Hyflux
Hyflux unveiled the status of its restructuring in response to SIAS’ demands.
Daily Markets Briefing: STI up 0.55%
Don’t expect gains today.
Daily Briefing: Singapore law firm clears Wirecard of some corruption claims; Temasek invests US$29m in Vietnamese Internet major VNG
And tech-enabled student housing startup Oxfordcaps raises $11m in series A funding.
Chart of the Day: Manufacturing output growth hits 0.7% in February
On a month-on-month basis, manufacturing output decreased 4.1%.
Average Grade A CBD office rents hit a decade high at $10.63 psf in Q1 2019
Rents in the Marina Bay submarket led the increase.
Two-shift taxi trips grow after nearly three-year slump
Taxi rides for two-shift taxis rose for the third month in January at 3.2%.
Singapore's passport is the most powerful in the world
It shared the top spot with Japan and South Korea, having visa-free access to 189 countries.
First Sponsor Group to undertake rights issue for $399.5m
It dropped its initial plan to issue warrants for perpetual capital securities.
Hyflux to resolve disputes over Algerian desalination plant through ICC
It needs to respond to disputes over three deals and one protocol through arbitration.
Frasers Property launches A$600m ‘green' loan in Australia
It will refinance an existing debt facility due in 2020.
SIAS slams Hyflux as path to restructuring with SMI turns foggy
Investor anxiety is rising as Hyflux is not resolving issues to keep the restructuring on track, it said.
Keppel Capital and co-investors to buy Yi Fang Tower in Shanghai for $925.99m
It is made up of two 18-storey towers and a retail podium.
Daily Briefing: Singapore's credit market bore the brunt of regional distress; ERA Realty Network gives $1m grant to real estate startups
And London-based regtech firm ClauseMatch expands in Singapore.
Daily Markets Briefing: STI down 0.91%
Don’t expect gains today.
Chart of the Day: Warehouse rents may jump 2% to $1.80 psf by 2021
Occupancy rates are also projected to improve to 90% over 2019 and 2020.
Read Here
Advertise
Sign Up
Commentary
What the global financial crisis can teach Singapore about decision-making today
Singapore is ready for EVs, but the industry needs to catch up
Navigating public–private collaboration in Singapore’s health tech and life sciences landscape
SG60: What the next 10 years have in store for Singapore’s investment landscape