Singapore

Billion-dollar office deals buoy property investments in Q2

The biggest deal was AEW’s $1b purchase of Chevron House.

Chart of the Day: GCB sales crashed 45.3% to $211.9m in H2

Its median unit price also fell 25.8% to $1,166.

CoAssets Pte Ltd bags Financial Technology Case Study of the Year at the SBR Asian Business Case Studies Awards 2019

Through CoAssets Pte Ltd’s digital platform, new and experienced investors have the opportunity to back movie projects for as low as $5,000.

Festo Southeast Asia bags Industrial Automation Case Study of the Year at the SBR Asian Business Case Studies Awards 2019

German automation specialist Festo worked with Vietnamese auto manufacturer VinFast to set up world- class training labs and factory systems.

Daimler Financial Services Africa & Asia Ltd bags Financial Services Case Study of the Year at the SBR Asian Business Case Studies Awards 2019

Daimler Financial Services’ online system covers everything, from a car finance calculator to documenting and performing back-office checks.

Bestinet Sdn Bhd bags Technology Case Study of the Year at the SBR Asian Business Case Studies Awards 2019

Bestinet protects both workers and employers with its cutting-edge Foreign Worker Centralised Management System (FWCMS) software.

Adventus Singapore Pte Ltd bags IT Services Case Study of the Year at the SBR Asian Business Case Studies Awards 2019

Property development company Soilbuild Group tapped on Adventus’ expertise to eliminate high costs and enhance high availability of servers.

Pinterest opens Singapore office

This is its second office in the region after launching in Tokyo in 2013.

Condo rents up 1.9% in June

Rents in the CCR led the increase at 2.7%.

Binance and Vertex Ventures set up fiat-to-crypto platform

It will provide real-time, 24/7 SGD deposit and withdrawal functionality via the Singapore FAST electronic funds transfer system.

Residential project pipeline to boost construction industry 3.2% in 2019

Five more BTO projects are scheduled for launch by the end of the year.

Mapletree Industrial Trust to undertake largest redevelopment project for $263m

It will add a build-to-suit facility to its Kolam Ayer 2 Cluster for a global medical device firm.

SATS to sell stake in healthcare food services unit for $1.02m

It will focus its efforts on its airline catering and ground handling services.

How GoBear makes financial comparison easy for the everyday consumer

Its platform matches users with financial products, including insurance, credit cards, and trade financing.

Deliveroo opens Asia Pacific hub in Singapore to support regional operations

It currently has close to 20 employees that will work on tasks like cross-border partnerships and recruitment.