Singapore
One in 10 firms forecast 0-5% revenue declines in 2019
Only 37% of businesses expect moderate growth between 5-15%.
One in 10 firms forecast 0-5% revenue declines in 2019
Only 37% of businesses expect moderate growth between 5-15%.
Daily Markets Briefing: STI up 1.53%
UOB led the gains after its stock grew 2.54%.
Singapore and UK regulators strengthen cyber security ties
The deal will explore information sharing and staff exchanges.
Over half of SMEs still in early stages of digital maturity: report
Digital transformation in 44.6% of SMEs already has some alignment to company strategies.
Singapore International Dispute Resolution Academy transferred from SAL to SMU
It has been restructured as a research centre under the university.
Raffles Education unit amends $138.5m deal with China-based developer
The firm has yet to pay $47.38m for its option agreement.
Keppel Infrastructure Trust to issue $100m 4.75% subordinated perpetual securities
The second tranche will be consolidated with the $200m 4.75% perpetual securities issued on 12 June.
KS Energy terminates contract with Shanghai Zhenhua Heavy Industry Co.
KS Drilling will not take delivery of the KS Java Star 3 rig.
Keppel REIT unit secures $505m green loan facility
It aims to enhance how it finances the firm’s offices.
Utico extends deadline for binding agreement with Hyflux to 27 June
The Middle Eastern firm initially hoped that the deal would have already been sealed by 17 June.
Singapore investment banking fees down 15.9% to US$366.3m
Advisory fees for M&A deals shrank 49% to US$76m.
Singapore's total M&A value up 64.3% to US$59.4b in H1
Blackstone’s US$18.7b acquisition of GLP, the largest deal with Singaporean involvement to date, boosted the total.
SGX licenses three futures-based indices to Taiwan ETF Yuanta SITC
The MSCI EM series Futures Indices is said to be the world’s first.
Chart of the Day: Decentralised offices represented nearly a quarter of office stock in Q4 2018
This represents an increase from 17% in Q4 1998.
Daily Briefing: Singapore banks trail behind Malaysia in female board representation; Temasek joins US$75m funding of US biotech startup
And The Esplanade is seeking to raise $9m to build its $30m waterfront theatre.
Daily Markets Briefing: STI up 0.96%
UOB led the gains after stocks grew 1.95%.
New multi-billion euro feed additive plant opened on Jurong Island
The plant has an annual production capacity of 150,000 metric tonnes.