News
Kassia sells 52% of its units during launch
Kassia sells 52% of its units during launch
The most popular units were the one- and two-bedrooms.
CapitaLand India Trust invests $108.99m in new Mumbai office building
The property increased CLINT's total portfolio floor area by 4.0%
Low Q2 shophouse transactions not reflective of market interest
In Q2, sales fell 30.4% QoQ and 66.0% YoY.
Daily Markets Briefing: STI down 0.68%; Top stock is ThaiBev
ThaiBev is the top stock with a 1.00% increase.
MAS “closely monitoring” global IT outage
Major banks reported little to no impact to customers and key operations.
Singapore’s AUM reaches $5.41t in 2023, up 10% YoY
It grew in line with the 10% CAGR over the past five years.
Yoma Holdings unclear on Serge Pun’s detention or house arrest
CEO Melvyn Pun says his father remains in Nay Pyi Taw, cooperating with authorities.
Astrea 8 bonds achieve a 3.1x subscription rate
Class A-1 bonds had a 2.9x subscription rate, whilst Class A-2 had 3.9x.
MAS posts $3.8b net profit in FY23/24
It made investment gains of $12.7b.
Singapore's wealth management sector to sustain growth, says MAS director
This is despite the recent money laundering case.
URA tender for Canberra Crescent site closes with three bids
Top bid for the site was $279m.
Pan-United launches electric concrete mixer truck
It features a robust 350 kWh battery, delivering up to 360 kW at peak power.
Winking Studios increases capital in Shanghai subsidiary
It was increased from $18.5m to $38.6m
Valerian Residential tops Zion Road Parcel B bid with $730m offer
The tender closed on 18 July.
Keppel and Sojitz sign MoU to pursue clean energy in Asia Pacific
The partners will develop bioenergy projects and invest in energy solutions.
Japan's Mitsui invests $36.4m to expand SATS food solutions in Asia
The investment will give Mitsui a 15% stake in SATS’ food solutions businesses.
Opportunities emerge for SMEs in Johor-Singapore SEZ: Maybank
The SEZ is expedcted to boost exchange of trade, labour and investments.
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Commentary
SG60: What the next 10 years have in store for Singapore’s investment landscape