News
Sabana Industrial REIT borrower enters facility agreement with UOB
Sabana Industrial REIT borrower enters facility agreement with UOB
The deal is in respect of sustainability-linked term of up to $100m.
CEREIT divests Italian office for $138.51m
The divestment of Piazza Affari 2, Milano, Italy office is at €93.6m.
UOB partners with Jewel Changi for cards campaign
This campaign aims to expand its reach toward ASEAN countries.
Investor Quarz wants Sabana manager to use suggested resolutions
The investor also disagrees with ESR, Sabana Industrial Reit’s unitholder.
Sustainable debt market in Singapore grew healthily to $27.05b
Singapore’s sustainable debt market went up by about 10 times in the last five years.
MAS, National Bank of Rwanda join hands for Rwanda Imbaraga SME ecosystem
It creates stronger connections between SMEs in Rwanda and Singapore.
Daily Markets Briefing: STI up 0.06%
Yangzijiang Shipbuilding was the top active stock for 28 June 2023.
UOL, SingLand unveil Pinetree Hill in Mount Sinai
Sales will start on 15 July whilst preview kicks off on 29 June.
GuocoLand clinches S$974m green loan to refinance Guoco Tower
GuocoLand plans to improve the tower’s air-conditioning and mechanical ventilation system, amongst others.
MAS kicks off public consultation for code of conduct of ESG ratings, data products
The proposed code will establish minimum industry standards of transparency in methodologies and data sources.
MAS launches consultation for coal phase-out criteria
Amongst criteria listed is that CFPPs must be phased out by 2040.
HDB rents up 25.1% in May
Fewer HDB units were rented in May compared to the previous month.
Condo rent prices up 26.8% in May
Whilst fewer condos were rented in May, it still breached the 5,000-mark.
MAS floats raising deposit insurance coverage to S$100,000
This will result in 91% of deposits being fully covered by deposit insurance.
Daily Markets Briefing: STI up 0.55%; Yangzijiang is highest stock
DFI Retail Group and Sembcorp Industries are top stocks.
Conservation shophouses at Jalan Besar on sale for $30m
The property can be bought without ABSD rate.
MAS unveils open-source toolkit for responsible AI-use in finance
It was supported by the collaborative effort of the association of 31 industry players.
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Commentary
Failed talks, rising costs: Why Singapore still feels the shock of Middle East tensions
How Singapore consumer brands can build strong supply chains amidst rising input costs
Singapore’s AI ambitions will rise or fall on infrastructure
Why a clear digital roadmap is essential for business success
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The trust tax: Navigating the ‘sophistication shift’ in Singapore’s digital economy
Conflict, costs, and construction: Where can margins still be saved?
Singapore’s SMEs are embracing AI, cybersecurity must keep up.