Singapore
Singapore's Asian outbound capital fell 37% to $7.92b in H1
The decline could be seasonal as investors are typically more active in H2.
Singapore's Asian outbound capital fell 37% to $7.92b in H1
The decline could be seasonal as investors are typically more active in H2.
Hong Kong's property investment in Singapore hits $1.9b in H1
Key transactions include Gaw Capital’s purchase of Robinson 77 for $710m.
Childhood vaccination to be subsidised in CHAS general practitioner clinics
Subsidies will be available in both polyclinics and CHAS clinics by end-2020.
Chinese mogul Zhang Yong displaces Ng brothers as Singapore's richest
The Haidilao International founder debuted in the list with a net worth of US$13.8b.
Singapore medical device output grew 4.2% in June
The industry outperformed the output of the manufacturing sector, which fell 6.9%.
Half of SMBs and enterprises use near end-of-life OS
Just as many SMBs and enterprise workstations use Windows 7 as those that use Windows 10.
Commercial property transactions fell below US$5b mark in H1
Singapore trailed its Asian peers in terms of the number of transactions.
Chart of the Day: 30-year factory and warehouse leaseholds fell 1.1% in Q2
This follows a three-year continuous decline.
Daily Briefing: Crypto firm Sygnum eyes banking license; Chinese firm to buy AVIC Maritime for $31.58m
And cross-border payments platform TranSwap has obtained a license from Bank of Indonesia.
Daily Markets Briefing: STI up 0.83%
CapitaLand led the gains amongst top active stocks with a 2.07% climb.
Bartley Road GLS tender may get top bid of $100m
The residential site is expected to attract five to eight bidders.
J.P. Morgan to set up electronic FX trading and pricing engine
It will launch in early 2020.
MAS opens applications for new digital bank licences
Interested parties have until 31 December to submit applications.
UOL Group launches Avenue South Residence for preview
300 units will be launched with an average price of $1,780 psf to $2,250 psf.
Bukit Sembawang to launch preview of Luxus Hills
Houses can be leased with a 20% down payment or reserved with a 10% deposit.
IFC proposes $34.72m funding for PE fund Quadria Capital
The healthcare-focused PE firm has a target fund size of $555.57m for its Fund II.
Singapore speeds up processing time for tech patent application
Alibaba Group was granted an AI patent in a record time of three months.