News
Grab bags US$1.46b of funding from Softbank
Grab bags US$1.46b of funding from Softbank
It will invest most of the funds in the expansion of its verticals and Indonesian business.
ESR REIT files proofs of claim against Hyflux
Hyflux Membrane is one of the top 10 tenants of the REIT’s 8 Tuas South Lane property.
Singapore-based IIX launches US$100m bonds with Australian government
The bond programme will support the livelihoods of 1 million women in Asia.
Annual Workfare payouts for lower-income workers to hit over $1b by 2020
It will benefit about 440,000 Singaporeans.
Singapore eyes raising retirement and re-employment age
CPF payout eligibility age would remain at 65.
Jalan Kilang light industrial development launched for sale
The eight-storey property features a roof terrace and basement carpark.
No ‘meaningful' earnings growth for Singtel in 12-18 months: Moody's
Its leverage has risen 2.03x and has hurt its operating and financial profile.
Daily Briefing: Singapore's flexi-work scheme gets $70m funding boost; China's YY buys livestream startup Bigo for $1.97b
And a Barclays executive ditches his job for Standard Chartered Singapore.
Daily Markets Briefing: STI down 0.52%
Wall Street's weakness could tone down gains today.
Chart of the Day: Share buybacks hit $31.9m in February
ST Engineering repurchased around 4 million shares to account for nearly half of the monthly figure.
Singapore to raise insurance cover for overseas project funding to $50m
It wants to boost support for local businesses’ overseas expansion.
Insurance gross premiums climbed 3.4% to $3.81b in 2018
The motor insurance segment’s underwriting profit jumped 137% to $9.96m.
NTU Singapore and Volvo roll out 'world's first' self-driving electric buses
The 36-seat single-deck bus will soon begin trials at the NTU Smart Campus.
Nearly 1 in 5 employees hit by stagnant wage growth in 2018: study
Singapore workers lament the lack of transparency regarding pay level settings.
TR68 could attract foreign autonomous technology firms to Singapore: Fitch
The nation’s ageing population would encourage further government support to the industry.
Singapore to develop 18ha agri-tech innovation park
It should be ready from Q2 2021, trade and industry minister Koh Poh Koon said.
Frasers Logistics & Industrial Trust to join FTSE EPRA/NAREIT Global Developed Index
This raises the firm’s trading liquidity and visibility to global investors.
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Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform