News
Singapore GDP growth slows down to 0.1% in Q2
Singapore GDP growth slows down to 0.1% in Q2
The manufacturing sector continued its sharp decline and contracted 3.8%.
Mapletree Industrial Trust's DPU could get 2.5% leg up from Kolam Ayer 2 Cluster redevelopment
It will add a 211,000 sqft build-to-suit facility for a global medical device firm.
Daily Markets Briefing: STI up 0.3%
DBS led the gains as it stock rose 0.83%.
Chart of the Day: Virtual banks may only account for less than 1% of Singapore loan market by 2022
The retail upstarts may account for 0.3% market share and wholesale challengers will take 0.9% of the market.
Daily Briefing: Higher premiums may loom amidst SGXRegCo's new delisting rules; Indonesia to set up sea bridge with Singapore
And Vietnam-based KinderWorld International Group scraps its planned SGX IPO.
Hyflux ‘progressing' towards binding $400m deal with Utico
It will see the utilities firm taking up an 88% stake in the water treatment firm.
Parenting startup theAsianparent raises series C funding
It will use the proceeds for its planned expansion into Asia and Africa.
Singapore crowned as top international shipping centre for sixth straight year: study
The report lauded the city’s strength in ship management and shipbroking services. Singapore defended its crown against Hong Kong to rank as the top international shipping centre for the sixth year in a row, according to the 2019 Xinhua-Baltic International Shipping Centre Development (ISCD) Index.
Enterprise Singapore launches inaugural Scale-up SG programme
The 2.5-year programme will help fuel the expansion plans of local firms.
UOB to issue $750m 3.58% perpetual capital securities
They will be issued under its US$15b global medium term note programme.
SGX RegCo alters two voluntary delisting rules
Offerors and concert parties must abstain from voting on the delisting resolution.
Court convicts three individuals for insider trading
The individuals carried out a front-running arrangement over a seven-year period, resulting in profits of $8.07m.
Daily Markets Briefing: STI up 0.33%
Singtel led the gains after its stock grew 1.16%.
Daily Briefing: Dyson founder snaps up Singapore's priciest apartment for $73.8m; Logistics startup Ezyhaul bags $21.8m in series B funding
And fintech Asenso Tech secures $1.6m investment.
Chart of the Day: GCB sales crashed 45.3% to $211.9m in H2
Its median unit price also fell 25.8% to $1,166.
Pinterest opens Singapore office
This is its second office in the region after launching in Tokyo in 2013.
Condo rents up 1.9% in June
Rents in the CCR led the increase at 2.7%.
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