Singapore

Daily Briefing: Five-room HDB flat in Boon Tiong Road sold for record $1.2m; Allianz Real Estate invests US$600m into GLP

And about 164,000 Singaporeans living in private properties have not declared their income.

UOB gives SMEs the digital leg-up in Shopmatic partnership

Small firms can now build customised websites within 15 minutes.

Grab eyes spinning off financial business: report

Sources claim that Grab is aiming to raise less than US$500m in the process.

COE prices closed with mixed results in latest May exercise

Category A vehicles saw the highest premium increase of $3,505.

SingPost's turnaround may take up to three years: analyst

Its underperforming US e-commerce units will continue to weigh on performance.

St. Francis Court up for en-bloc at $95m guide price

The 34,111.12 sqft site comprises a single 11-storey apartment block with 71 units.

Financial comparison startup GoBear unveils $108.96m in funding

The proceeds will be used to enhance the platform’s search and match functionality and finance hiring.

Singapore's top healthcare firm returns hit 14.7% YTD

The sector’s market cap ballooned thirteen-fold and stands at over $40b.

Keppel O&M-Aibel consortium clinches 900MW converter station contract

Keppel FELS’s share of the contract is worth about $560m.

Funan's office blocks secure 98% pre-leasing commitment

Tenants include the Singapore Department of Statistics, adidas and WeWork.

Chart of the day: Strata-titled retail transaction sales hit $453m in Q1

However, there was a decline in number of sales due to diminishing sales for smaller units.

Perennial Real Estate Holdings hit by $26.93m loss in Q1

The loss came as a result of higher net finance costs and the absence of a one-off gain.

MAS mulls licenses for virtual banks

The DBS CEO earlier echoed a similar stance.