News
GIC buys 25% stake in Netherlands-based hotel operator citizenM
GIC buys 25% stake in Netherlands-based hotel operator citizenM
The sovereign wealth fund is looking to expand its portfolio of affordable luxury in urban markets.
ST Engineering to buy Belgium satellite communications firm Newtec for $383m
The proposed acquisition will add intellectual property, products, and market access in Europe.
Luxury site D'Grove villas up for sale at $398m
The 21-storey and 45-unit development has a site area of 50,400 sqft.
SGX buys 20% stake in e-trading firm BidFX for $33.9m
CEO Loh Boon Chye will now join the board of BidFX.
Daily Briefing: GIC to buy 15% stake in India's GMR Airports; Singapore government to invest in cell therapy manufacturing
And here’s why technologists pull out of global banks in Singapore and Hong Kong.
Daily Markets Briefing: STI down 0.06%
Don’t expect gains today.
Chart of the Day: Rent and labour costs account for 75-78% of food service and retail companies' opex
For food retailers, staff costs are typically 10-12% of sales and 42% of total opex.
URA eyes more homes for Singapore Downtown in 2019
Its Draft Master Plan 2019 includes turning Anson Road, Cecil Street, and Tanjong Pagar into urban neighbourhoods.
930,000 HDB households to receive $132m of S&CC rebate
Eligible Singaporean households will receive 1.5 to 3.5 months of S&CC rebate, depending on their HDB flat type.
SIA inks deal to integrate DBS' PayNow payment option
The firms will also introduce a DBS-SIA point conversion programme via the KrisPay app.
Keppel Infrastructure Trust to raise $200.79m in preferential share offering
The offering will close on 4 April.
Golden Mile Complex attempts second en bloc sale at $800m
Its land area of approximately 1.3 hectares and is zoned for commercial use.
SM Investments rejects restructuring leeway for Hyflux
Hyflux unveiled the status of its restructuring in response to SIAS’ demands.
Daily Markets Briefing: STI up 0.55%
Don’t expect gains today.
Daily Briefing: Singapore law firm clears Wirecard of some corruption claims; Temasek invests US$29m in Vietnamese Internet major VNG
And tech-enabled student housing startup Oxfordcaps raises $11m in series A funding.
Chart of the Day: Manufacturing output growth hits 0.7% in February
On a month-on-month basis, manufacturing output decreased 4.1%.
Average Grade A CBD office rents hit a decade high at $10.63 psf in Q1 2019
Rents in the Marina Bay submarket led the increase.
Read Here
Advertise
Sign Up
Commentary
Failed talks, rising costs: Why Singapore still feels the shock of Middle East tensions
How Singapore consumer brands can build strong supply chains amidst rising input costs
Singapore’s AI ambitions will rise or fall on infrastructure
Why a clear digital roadmap is essential for business success
Singapore’s port model is under pressure as shipping disruptions reshape trade
The trust tax: Navigating the ‘sophistication shift’ in Singapore’s digital economy
Conflict, costs, and construction: Where can margins still be saved?
Singapore’s SMEs are embracing AI, cybersecurity must keep up.