News
SGX derivatives total grew 17% YoY to 20.8 million contracts in June
SGX derivatives total grew 17% YoY to 20.8 million contracts in June
Securities daily average value gained 5% to $1.2b.
Residential project pipeline to boost construction industry 3.2% in 2019
Five more BTO projects are scheduled for launch by the end of the year.
Mapletree Industrial Trust to undertake largest redevelopment project for $263m
It will add a build-to-suit facility to its Kolam Ayer 2 Cluster for a global medical device firm.
How GoBear makes financial comparison easy for the everyday consumer
Its platform matches users with financial products, including insurance, credit cards, and trade financing.
Deliveroo opens Asia Pacific hub in Singapore to support regional operations
It currently has close to 20 employees that will work on tasks like cross-border partnerships and recruitment.
Five top-performing retail REITS averaged YTD total return of 31.5%
Lippo Malls Indonesia Retail Trust saw the highest total return of 37.2%.
Resale condo prices up 1.6% in June
The number of units resold crashed 41.8% YoY to 666.
CapitaLand secures $300m sustainability-linked loans
It will be used for green projects and general corporate purposes.
Chart of the Day: Posh home sales down 27.3% to 104 units in H1
Sales of luxury homes valued above $5m and good class bungalow both fell.
Daily Markets Briefing: STI down 0.14%
DBS fell 0.20% by market close.
Daily Briefing: Temasek portfolio value hits all-time high at $313b; Mixed-development Hoa Nam Building put up for en bloc sale at $160m
And digital banking software provider Moneythor joins Mastercard’s Start Path programme.
Southeast Asia's best solutions take spotlight at SBR Asian Business Case Studies Awards 2019
The event delegates in attendance had enough room for creative insight and network gathering in the fourth installment of the awards.
Lian Beng wins $234.7m contract for NTUC's fresh food distribution centre
It is expected to begin construction in August 2019.
Prime US REIT launches IPO to raise $1.1b
IPO is priced at $1.20 per unit.
Frasers Property to merge industrial and logistics units
The platform will represent $5.4b of assets under management.
Nearly 3 in 5 Singaporeans think their team is underskilled: study
Over 9 in 10 are concerned they are not receiving ample training and development to improve their skills.
Datapulse Technology-Pam Holdings consortium set to buy Bay Hotel Singapore for $235m
It is looking to rebrand the hotel which will be managed by an international hotel management firm.
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Commentary
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