News
CapitaLand to sell 30 business park properties to Ascendas Reit for $1.66b
CapitaLand to sell 30 business park properties to Ascendas Reit for $1.66b
These include 28 office properties in the US and two facilities in Singapore.
UOB issues $140m of maiden green loans
It will be used to build a hotel and a construction and prefabrication hub.
Keppel Land injects $33.9m into Indian coworking startup Smartworks
Smartworks has 23 centres across nine cities.
UOB profits up 8% to $1.12b in Q3
This was driven by a healthy loan growth of 8%.
Crypto bank Sygnum clinches capital markets services licence
It will roll out a multi-manager fund on 1 November.
NETS launches in-app payments for ComfortDelGro taxis
Consumers will be able to use their NETS bank cards to pay for the trips.
Chart of the Day: Foreigners snapped up 18.2% of Parc Clematis units
Its proximity to NUS, Jurong East, and One-North enhanced its appeal.
Daily Markets Briefing: STI down 0.01%
OCBC led the gains amongst top active stocks with a 0.55% rise.
MAS rejects aggressive policy easing despite weak economic growth
It expects GDP growth, business costs, and consumer prices to stabilise.
Chart of the Day: Residential mortgagee sale listings up 14.4% in Q3
This marks the sixth consecutive quarterly increase since Q2 2018.
Daily Briefing: ST Telemedia leads $54.41m funding round in US-based analytics firm; HDB to set up 6,000 digital screens in housing estates
And employment-seeking platform GrabJobs expands to Indonesia.
Daily Markets Briefing: STI up 0.68%
Singtel led the gains amongst top active stocks with a 1.23% rise.
Women occupy less than 14% of boardroom seats in Singapore: report
About 6% of board chair positions are assumed by women.
2GWp of solar power to be deployed by 2030
The government is exploring vertical solar panel installations.
SP Group to issue international green energy certificates
It also fully automated its digital REC trading platform.
URA launches tender for Irwell Bank Road site
It can yield up to 445 residential units.
Yanlord bags $334m in Huangzhou apartment presales
All 120 apartment units were sold out for an average price of $13,805.85 psm.
Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform