Singapore

Homegrown F&B operator Koufu Group eyes IPO

It aims to build a 7-storey facility to support its stalls and outlets.

Auction property sales down 33% to $19.64m in Q2

The number of mortgagee sales and high-priced properties both fell in the period.

Singapore to toughen penalties for GST act offences

It wants to broaden IRAS’ powers when cracking down serious GST-related crimes.

oBike users urged to file proof of debt amidst liquidation

A Singapore consumer group said the bike-share firm will appoint a liquidator to distribute its assets.

Singapore and Hong Kong startups to be linked through fintech deal

They will be engaged in a shared network and mentorship programmes.

Private condo prices rose 1.5% in May

Prices of condo units in the Central area gained 1.8%.

EDBI joins US$42m funding for US-based software

The funding will be used for the company's expansion into Asia Pacific and Japan.

Temasek invests $341.65m in US tech firm

The Singapore wealth fund is UST Global's first institutional investor.

Courts Asia offers to buy back $75m worth of 5.75% notes due 2019

The firm's existing cash surplus will fund their offering.

1.6 million Singaporeans to receive $1b worth of GST vouchers and MediSave top-ups

The GSTV scheme was introduced in 2012 to provide targetted assistance to lower and middle-income Singaporeans.

Chart of the Day: Government bonds raised $3.1b in 1H2018

Land Transport Authority’s $1.2b bond offering is the biggest SGD bond so far this year.

Hotel site returns to GLS programme Confirmed List after 10 years

The government is addressing supply shortage for visitor arrivals, analysts say.

Ex-Apple reseller in Singapore to buy hotel-retail business for $400m

The buy is expected to result in its reverse takeover of 2 companies.