News
Singapore hopeful for China-backed Asia trade pact this year
Singapore hopeful for China-backed Asia trade pact this year
The trade minister said he was hopeful that the trade pact could be sealed by the end of 2019.
Singapore gets first guilty plea in $8b penny stock scheme
Key accomplice Goh Hin Calm was sentenced to 36 months imprisonment by Singapore’s High Court.
MAS develops in-house tool to detect rogue trading behaviour early
It predicts the likelihood that market manipulation has occurred based on trade analysis and past cases.
Vietnamese ride-hailing firm FastGo to launch in Singapore in April
Driver-partners can register on 1 April, whilst customers can book rides on 30 April.
Frasers Property raises stake in PGIM Real Estate AsiaRetail Fund to 47.82% for $601.5m
Earnings are expected to grow to $511m after its acquisitions.
CapitaLand inks services agreement with Temasek's Jurong Consultants India
Jurong Consultants India will provide due diligence services for India properties as part of an acquisition. CapitaLand has entered into a services agreement with Temasek Holdings-owned Jurong Consultants (India), which will provide due diligence services related to properties in India.
Challenger Technologies to delist with $0.56 exit offer price
It cited weak retail sentiment and industry disruption amongst its reasons for delisting.
Frasers Property unit secures $785m green club loan
The net proceeds of the five-year term loan will be used to refinance the development of its Northpoint City South Wing mall.
ST Engineering inks deal to expand its autonomous bus platforms
Its AV kit will be integrated onto EV manufacturer BYD’s buses.
COE prices close mostly higher in latest bidding exercise
Open vehicles under Category E saw the highest increase of $3,380.
Daily Briefing: Temasek in talks to sell 10% stake in A.S. Watson for $3b; Two freehold redevelopment sites in Lavender Street for sale for $47.4m and $12.6m
And private equity firm Novo Tellus to acquire 29.6% stake in Procurri for $12m.
Chart Of The Day: PMETs account for 52.7% of job vacancies in 2018
Overall, one in three vacancies were unfilled for six months or more.This chart from the Ministry of Manpower shows that professionals, managers, executives & technicians’ (PMET) share of all job vacancies trended higher in 2018 at 52.7% in 2018 from 48.5% in 2017.
Daily Markets Briefing: STI down 0.41%
Don’t expect gains today.
MAS slapped $16.8m in penalties on 42 financial firms in the last 18 months: report
Other enforcement actions included 19 prohibition orders, $698,000 in civil penalties and 223 warnings.
Dairy Farm's profits may edge up 11% over the next three years: analyst
Growth could be driven by higher contributions from its health & beauty division and associates.
Inside Deliveroo's futuristic food market
The site features a fully-automated ordering experience and 40-seater dine-in space.
Oxley terminates LOI for $950m sale of Mercure and Novotel hotels
Its purchaser Gracious Land failed to make its subsequent 4% consideration deposit of $38m.
Commentary
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