News
Construction sector could grow 3% in 2019
Construction sector could grow 3% in 2019
The short-term outperformance of the buildings sector will momentarily propel growth before slowing down in 2020.
Ascott expands portfolio with 26 new properties
It has branched out into six cities such as Atyrau, Yokohama, Seongnam and Hoi An.
Novena Global Lifecare completes $475.4m merger with Xingkeduo
Novena Global Lifecare now has access to Xingkeduo’s AI-based platform and physical network of nearly 100 stores.
Wilmar's proposed China IPO moves forward with subsidiary's Shenzhen listing
There will be an approximate 10% of the total pro-forma share capital of YKA if the CSRC gives it the green light.
Daily Markets Briefing: STI up 0.21%
DBS led the gains as it stock rose 0.66%.
Chart of the Day: Industrial rents down 1% to $1.98psf in Q2
The Kallang, Geylang and Bendemeer cluster saw the largest rental decline to $3.10psf.
Daily Briefing: MAS warns wealth managers on wooing Hong Kong businesses; igloohome secures $20.4m in series B funding
And check out which agritech startups are getting the most funding.
Retail sales shrink for fourth straight month in May
Sales fell 2.2% with motor vehicles leading the decline.
OCBC ties up with Police Force to enable automatic data retrieval
Project POET will cut the usual processing time to retrieve information from up to three months to just two days.
Technical recession risks heighten over dismal GDP growth
Economic growth declined to a mere 0.1% for Q2.
Listed, local and international firms reign on top at Singapore Business Review Awards 2019
Over 150 guests graced the dinner and awards held at the Conrad Centennial Singapore on Thursday, 11 July.
Indian airline Vistara to fly to Singapore for its first international flight
It will take off in August.
Frasers Centrepoint secures 33.3% stake in Waterway Point for $240.5m
It launched an equity fund to raise gross proceeds of $437.4m.
Thomson Medical Group priced $225m 3-year senior bond in maiden bond offering
Proceeds will be used to refinance its existing debts and extend its debt maturity profile.
SPH REIT's NPI up 14.2% to $46.32m
The income boost came from its Rail Mall and Figtree Grove Shopping Centre properties.
Keppel Land buys three Vietnam land parcels for $76m
It will develop around 2,400 premium apartments with local developer Phu Long Real Estate Corporation.
Singapore GDP growth slows down to 0.1% in Q2
The manufacturing sector continued its sharp decline and contracted 3.8%.
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