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Daily Briefing: GIC to buy shares worth US$75m from Chinese pharmaceutical firm; REDAS president says property curbs could worsen oversupply
Daily Briefing: GIC to buy shares worth US$75m from Chinese pharmaceutical firm; REDAS president says property curbs could worsen oversupply
And here’s what the Auditor-General found in the People’s Association’s procurement method.
Daily Markets Briefing: STI up 0.21%
Wall Street earnings could help lift gains today.
Ryde launches on-demand private-hire car service
About 10,000 drivers are now in the platform after the launch of RydeX.
Koufu raises $415.9m from IPO
Its public offer of 6.33 million shares was 17 times subscribed.
Singtel arm to buy assets from US advertising firm for US$101m
The deal includes Videology’s tech platform, intellectual property, and assets around US$5.3m.
Ezra Holdings abandoned by Asia Fund Space amidst restructuring
AFS was not able to procure the holding company to apply for Ezra Holdings’ Catalist listing.
Auditor-General spots lapses in government audit processes
Contract management issues in some agencies have lasted for years.
Retail firms paid their debts 22 days slower in Q2
But they had the lowest level of severely delinquent debt.
Malaysian envoy to discuss HSR project by late July
They have failed to reply to a diplomatic note sent by Singapore in June.
Shophouses get a chance in market hit by property curbs
These properties could stand out as investments in homes lose their shine, an analyst said.
Singapore's non-oil domestic exports' 1.1% growth short of target
Electronic NODX fell 7.9% YoY due to export declines in ICs, parts of PCs and consumer electronics.
Property investment sales up 2% to $9.5b in Q2
The 18.4% decline in residential investment sales arrested more potential growth.
Keppel REIT Q2 net property income up 35.42% to $43.21m
Bugis Junction Towers and Ocean Financial Centre both posted higher income.
Chart of the Day: See which projects set the highest home prices in 2018
In June, Wallich Residence set the highest price for a private home at $4,560 psf.
Daily Markets Briefing: STI down 0.85%
Don't expect gains today.
Daily Briefing: Singapore lead over Malaysia's economy shrinks; OCBC brings Bank of Singapore to Luxembourg
And Workforce Singapore launches an on-the-go career coaching for job seekers.
ST Engineering Aerospace bagged contracts worth $510m in Q2
Contracts covered heavy maintenance to engine wash and aircraft interior reconfiguration.
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