News
Ping An fintech unit eyes digital banking licence application in Singapore
Ping An fintech unit eyes digital banking licence application in Singapore
OneConnect received a virtual banking license in Hong Kong earlier this year.
SATS acquires 49% stake in JV company for $17m
SATS BRF Food will be renamed Country Foods and will be a wholly-owned subsidiary of the group.
GIC closes in on $2.08b deal to buy stake in Oxford's Fairmont hotels
The portfolio consists of four iconic hotels in Canada.
Work injury compensation law to take effect in September 2020
About 300,000 more employees will be covered under the insurance.
JTC partners with Certis in shift to outcome-based security contract
It will be deployed across a 150 sq km area in South and West Singapore.
Keppel-KBS US REIT renamed to Keppel Pacific Oak US REIT
It also plans to enter an outsourcing management agreement with a US asset manager.
Singapore launches e-service to aid banks against money laundering and terrorism financing
It aims to address compliance challenges faced by financial institutions when financing trade.
Daily Markets Briefing: STI up 0.53%
YZJ Shipbuilding led the gains amongst top active stocks with a 2.66% climb.
Daily Briefing: Private capital raising platform CapBridge gets $5.54m investment; Build environment sector receives a $20m boost.
And GEC-KIP Fund invests $3.2m in Vietnamese proptech firm Rever.
Chart of the Day: Leasing transactions up 7% to record 23,875 in Q2
The Outside Central Region posted the largest increase in leasing volume.
HDB resale transactions down 7.6% to 1,921 units in August
This was attributed to the slower resale activity during the season.
Fragrance Group bought Min Yuan Apartments for $141m
The company is seeking to redevelop the land with an adjacent plot to a hotel.
ComfortDelGro launches trial for on-demand bus service
Residents at Tanjong Rhu and Meyer Road can catch a bus via an app.
Ascott opens co-living space for millennials
The nine-storey lyf Funan Singapore spans 121,000 sqft and has 412 rooms.
Temasek joint venture to invest nearly $70m in supply chain startups
Reefknot Investments will focus on series A and B rounds of startups.
City Developments secures $250m sustainability-linked loan
It will be used for general working capital and corporate funding.
Grade A office rental growth to slow as supply moderates
Rents grew 14.9% in 2018.
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