News
Daily Briefing: Singaporeans eye overseas investments; Most resale flats no longer have COV
And Shell launches an accelerator program in Singapore.
Chart of the Day: Re-entry rate amongst retrenched workers hit 64.5% in Q2
But re-entrants from the 50-year old and above range dropped.
Daily Markets Briefing: STI up 0.2%
Expect some market boosts today.
CCT launches $700m rights issue
It will fund the Asia Square Tower 2 acquisition.
GIC to acquire Sheraton Grande Tokyo Bay Hotel for $1.2b
It will hold a 51% majority stake.
Selling of Great Eastern Malaysia unlikely to impact OCBC
It accounts for a normalised 6% of OCBC's net profit.
CapitaLand establishes investment holding subsidiary
It also increased shares in its two other companies.
ERA Realty Network IPO launched
It is priced at 66 cents per share.
Asia Square Tower 2 sold to CCT for $2.1b
It marks the largest office deal in Singapore YTD.
Chart of the Day: 3,640 workers retrenched in Q2
Incidence rate dipped to 1.8%.
Genting establishes Japan branch
It will help develop its leisure and hospitality businesses.
Hotel supply to increase by 4% for the rest of 2017
But revPAR could dip by 3% this year.
Daily Markets Briefing: STI down 0.04%
Don't expect boosts for now.
Daily Briefing: Healthtech startup raises $5.2m; Poh Tiong Choon Logistics looking to privatise
And a Canadian team wins $100,000 in a business plan contest.
OUE incorporates 8 new subsidiaries
Six are investment holding firms.
Why 2018 will be a ‘turnaround year' for the hospitality sector
Growth drivers include a new airport terminal and more calendar events.
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Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform