Singapore
Sixth Avenue Centre's selling price dropped by $4.5m to $86m
It has a site area of 15,009 sqft that could potentially yield shops and 35 apartments.
Sixth Avenue Centre's selling price dropped by $4.5m to $86m
It has a site area of 15,009 sqft that could potentially yield shops and 35 apartments.
Growth of Grade A downtown office rents hits 4-year high at 4.1% in Q2
But leasing enquiry levels and expansion requirements have not been quite as positive.
Real estate investment sales grew 11.4% to $10.31b in Q2
There were 15 residential en bloc sales that boosted quarterly sales.
Keppel Land sells Orbista for $40.2m
As a result, it has dropped the ownership of Vietnamese developer QLP.
Singapore firms' payment performance weakened in Q2
Prompt payments fell slightly by 1.65 ppt to 49.55% of total transactions.
Daily Briefing: Fuel shortage in Asia pushed Singapore oil prices to a 3-year high; Starhub welcomes new CEO
And Golden Gate Ventures joined a $19.9m funding for a Singapore care-giving startup.
Daily Markets Briefing: STI down 0.91%
Investors are taking caution over trade tensions' effect on local sentiment.
Chart of the Day: 33 firms bought back $174m of their shares in June
CapitaLand led the tally and bought back 17.2 million shares for $60.8m.
Talent crunch beefs up finance payrolls amidst thinning workforce
Firms may need to shell out extra $29,100 per highly skilled finance worker by 2030.
Wilmar could benefit from soybean prices hit by trade tensions
Soybean prices have fallen 4.6% since the US and China resumed announcing tariffs.
Global trade tensions unlikely to hit Sheng Siong: analyst
Its exposure is nearly limited to only Singapore, rendering it unaffected by global trade spats.
Sembcorp invests 77% stake in Vellocet Clean Energy for $5m
It will tap into Australia’s direct supply of renewable energy to companies.
ComfortdelGro buys 49% stake in Australian car repair firm for $943,000
WSRC provides repair and maintenance of vehicles.
Low factory output and exports weigh down Singapore PMI in June
It dipped 0.2 point to 52.5.
9 in 10 planned M&A deals failed in the past year
Nearly 3 in 5 bosses blamed competition and disagreement over the valuation price.
Customs to speed up process for Thailand-bound exports
Thailand's Singapore-bound exports will likewise go through the faster process.
7 Sembawang Road shophouses up for en bloc sale at $24m
They have a combined area of 24,240 sqft with first storeys approved for commercial zoning.
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