Singapore
CapitaLand Commercial Trust gets lead in office market recovery with acquisitions
Net property income rose 3.4% thanks to its Galileo and Asia Square Tower 2 buys.
CapitaLand Commercial Trust gets lead in office market recovery with acquisitions
Net property income rose 3.4% thanks to its Galileo and Asia Square Tower 2 buys.
IBM to shut down Tampines plant amidst global restructuring
All of its workers will be retrenched.
Investors to shift focus from home market to commercial sectors in Q2
Offices are expected to lure more investments thanks to recovering rents.
Moovaz bags undisclosed fund to make relocation easier
The logtech startup will be making its way to Australia.
GuocoLand to build 30-storey office tower and 200-unit living area in $1.6b Beach Road site
Guoco Midtown will be a 960,000 sqft mixed-use development.
White-collar hiring platform Snaphunt nabs $1.36m seed fund
The proceeds will be used for its expansion plans.
Daily Briefing: Singapore's private banks struggle to hire and retain RMs; Biotech startup RWDC Industries raises nearly $30m in series A funding
And the Transport Minister hopes that the agreement to suspend the RTS would be finalised soon.
Chart of the day: Check out the loan growth of Singapore banks in Q4 2018
UOB’s loan growth hit 2.6%.
Daily Markets Briefing: STI up 0.3%
Wall Steet's gains could buoy the local market today.
Should Singapore's executives trust their financial data?
C-suite executives in Singapore, like their counterparts in the rest of the world, base crucial decisions about the future growth and direction of the organisation on financial data. From the front office to the back office, decisions are made and reported on regularly based on this valuable information. The C-suite needs to be able to depend on reliable numbers; however, they may not be getting it.
Tiong Seng wins $190m development contract for Outram site
It will work on 774 units and four levels of basement carparks.
Metro Holdings buys 7 & 9 Tampines Grande for $45.6m
It inked a 50-50 joint venture deal to buy the eight-storey property.
Far East Hospitality expands into Vietnam
It inked a hotel management and services deal for two boutique hotels near Ho Chi Minh City.
Keppel Q1 profits plunged 40% to $203m
The earnings decline was due to Keppel's property arm which saw profits crash 65%.
Citi launches biometric authentication for APAC institutional clients
The solution eliminates the need for an app-based digital token.
Business travel to Singapore is Asia's fourth costliest
Hotel room prices in the nation fell to $337.60 per night from $347.10 (US$256) in 2018.
CapitaLand bags $528.3m in maiden real estate equity fund
The equity fund targets commercial real estate in Asia’s key cities.
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