News
Eagle Hospitality REIT enters $462.32m interest rate swap
Eagle Hospitality REIT enters $462.32m interest rate swap
Its overall cost of borrowing will be lowered to 3.41% per annum representing $1.84m in annual savings.
Daily Briefing: Singapore cuts reliance on sand amidst Malaysia curbs; BNP Paribas culls Asian equities team
And proptech startup UrbanAgents raised $2m in seed funding.
Daily Markets Briefing: STI up 0.13%
CapitaLand led the gains after its stock rose 0.27%.
Chart of the Day: Top 30 manufacturing stocks hit 20.4% average return in H1
Their combined net institutional inflows amounted to $264m.
SIA Changi Airport lounges receive $50m makeover
Renovations will increase total customer capacity by 30%.
Switzerland dethrones Singapore as the best place for expats: study
Switzerland’s got the stunning views, but Singapore still wins for families.
HDB resale prices increased by 0.1% in June
Total transactions dipped 8.7% to 1,895 resale flats.
Singapore retains crown as the world's most powerful passport
It shares first place with Japan with visa-free access to 189 countries.
Chart of the Day: Banking hailed as most preferred industry by undergraduates
JP Morgan and Goldman Sachs are amongst the most attractive employers in the business sector.
Daily Briefing: GIC sounds caution as annualised real returns for 20 years hits 3.4%; ThaiBev buys Chinese coffee processing firm
And logistics SaaS platform GoComet bags $3m in series A funding.
Daily Markets Briefing: STI down 0.09%
Singtel led the gains after its stock rose 0.86%.
COE prices closed with mixed results in latest bidding exercise
Category E vehicles saw the biggest premium decline of $2,499 to $36,901.
Top three office REITs' total YTD return averaged 27.6%
Mapletree Commercial Trust had the highest total return at 29.9%.
MAS mulls changes to S-REIT leverage limits
REITs may soon be able to take on more leverage if they meet the minimum ICR.
Yanlord nets $280m in pre-sales of Yanlord Gardens
It sold all 357 units within the first day of the launch for around $5,625.86 psm.
FLT to buy logistics facilities in Germany and Australia for $612.5m
These properties have a total gross lettable area of approximately 297,000sqm.
Share buybacks plunged 68.4% to $55.1m in June
25 primary-listed stocks repurchased nearly 40 million shares during the month.
Commentary
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When Singapore's agentic AI ‘chefs’ arrive, will the kitchen be ready for them?