Singapore

And Spanish laundry startup Mr Jeff plans to launch in Singapore.

Singapore’s central location in Asia allows companies to test the market in minimal time.

The sector accounted for almost half of the US$36.16b raised since 2009.

It partnered with the Singapore Institute of Retail Studies to train SMEs in cross-border trade.

Its basic monthly subscriptions start from $8 a month.

The property has a net lettable area (NLA) of approximately 203,400 sqft.

The quarterly gains is thanks to the take-up in new property launches.

Older flats of more than 30 years old find it difficult to attract buyers.

The growth was boosted by the two US REITs that accounted for 96% of total funds raised.

ACU-driven overseas loans rose 7.5%.

It will focus on insights for tech trends on central banking.

Its total funding to date has hit $207.09m. Homegrown wealthtech and life insurance firm Singapore Life secured a $121.8m (US$90m) investment from Japanese firm Sumitomo Life Insurance, in a funding round that brings its total funding to $207.9m (US$153m). Through this transaction, Sumitomo Life acquired approximately 25% of the total shares in Singapore Life. “Consumers today have access to thousands of financial products and services, yet none are fully integrated and compatible to their mobile-first lifestyles. Now with the backing of Sumitomo Life, in addition to our existing shareholders who recognise this, we will reshape the way that consumers experience financial services for the better and unlock the potential of money for everyone,” Walter de Oude, founder and CEO of Singapore Life, said. Through the funding, Singapore Life eyes to create a connected consumer financial journey and interface, from life insurance to money and wealth management. The investment follows earlier funding rounds from Aflac Incorporated and Aberdeen Asset Management in early 2019. “We foresee rapid growth in the life insurance markets in Southeast Asia and Singapore in particular,” Masahiro Hashimoto, president and CEO of Sumitomo Life, said. 

The net proceeds will finance its borrowings, expansions and capital expenditure.

One and two-room flats will receive utilities rebates of $100.

It will bank on experiential offering such as an urban farm and a futsal facility to drive footfall.

The grant will offset up to 70% of out-of-pocket training expenses incurred.