News
Bayshore Road and Media Circle GLS sites likely to attract 3-5 bids: experts
Bayshore Road and Media Circle GLS sites likely to attract 3-5 bids: experts
Top bids could hit $570m for Bayshore and $494m for Media Circle sites.
Daily Markets Briefing: STI down 0.58%; Top stock is ThaiBev
ThaiBev is the top stock with a 1.89% increase.
CCCS seeks feedback on Advanced Micro Devices' acquisition of ZT Group International
Feedback submission will close on 10 December.
JTC launches 2 new sites under IGLS programme
The sites are slated for 2H 2024 IGLS.
MAS issues 14-year prohibition orders against Loh Sheng Yang
Yang was convicted of cheating, forgery, and acquiring criminal benefits.
US Fed rate cuts boosts consumer confidence in resale condos
The holiday season however will cool down resale volume.
Barclays to establish private bank booking centre in Singapore
The bank will provide quasi-institutional investment solutions.
Mixed cluster performance slows manufacturing growth to 1.2% YoY in October
In September, manufacturing output rose by 9.8 YoY.
NUS and PSA International supply chain research lab
PSA will set aside $10m to fund the initiative
Two Chinatown remittance shops accused of anti-competitive conduct
The two shops were found to have been sharing exchange rate information for renminbi remittance for at least six years.
LGI and CMF launch first emerging Asia ETF traded in SGD
This marks LGI’s seventh ETF on the SGX.
Thomson Medical partners with Adyen for integrated payments
The healthcare group’s patients can pay using their preferred modes and currencies.
DFI's Malaysia unit halts operations after latest compulsory land acquisition notice
The company received the first notice on 3 October.
Maybank Singapore unveils second lifestyle banking space
It features a biophilic design and has a Joe & Dough cafe at the entrance.
NSC, Sanofi, and A*STAR partner to advance acne treatment research
The collaboration includes a phase 1 clinical study to start in the second quarter of 2025.
HSBC Singapore offers zero-fee international transfers to over 60 currencies
Amongst markets covered are Malaysia, Indonesia, South Korea, and the UAE.
SATS divests 49% stake in Saudi Arabia unit for $51.7m
The divestment is part of its expansion in Saudi Arabia’s aviation and logistics sector.
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Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform