News
StorHub bags $180m sustainability-linked loan
StorHub bags $180m sustainability-linked loan
It is Asia’s first sustainability-linked loan in the self-storage sector.
SG emerges as the world’s leading source of capital investment
The country’s cross-border capital investment reached US$21.8b in 1H23.
DPM Lawrence Wong named deputy chairman of GIC
He has served as GIC director since 1 November 2018.
Singaporeans are least likely to follow influencers amongst Southeast Asian peers
Only 39% of Singaporeans follow influencers.
Seven in 10 CEOs say businesses not doing enough to address AI consequences
An EY study showed that more than half of CEOs want to focus on ethical AI.
Inflation eases to 4.0% in August
MTI attributed the moderation to lower core and accommodation inflation.
SingPost to accept FedEx parcels in trial period
It will accept e-commerce dedicated parcels.
Competition commission greenlights Fujifilm-CMC Materials KMG Corporation merger
The commission cited four reasons for its financial assessment.
CapitaLand divests four properties in France for $64.7m
The divestment is part of CLAS’ ongoing efforts to enhance its portfolio.
SG and other Asian economies record a rise in GenAI startups
More than $956m was invested and may see an increase.
Frasers Centrepoint Trust sells 143.89 million shares in Hektar REIT for $37.4m
Following completion, FCT will only hold 2.12% of total units in the REIT.
ST Engineering taps Savills for airframe maintenance facility in Changi Creek
Savills will be part of the Multi-Disciplinary Consultancy Team for the project.
Kuok Khoon Hong boosts stake in Wilmar
The Wilmar chief now has a 13.44% stake in the company.
Geo Energy bags US$220m term loan
The company will use the loan to fund certain acquisitions.
Court orders No Signboard, GuGong to reinstate independent contractor agreement
No Signboard will need to pay $5,000 for its services.
Daily Markets Briefing: STI increases 0.06%; Venture is most active stock
Venture traded 1.40% up.
What are Singaporeans' top concerns about renewable transition?
Despite concerns about transition, Singaporeans (61.6%) want fossil fuel subsidies cut.
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Commentary
Singapore’s family offices: Time to professionalise or risk falling behind
Liquidity crucial to stock market reform