Singapore
Daily Briefing: Singapore and Indonesia lure 90% of VC deals in SEA; Flex work in Singapore up by 70%
And here's why UOB beats DBS in paying out its dividends even in difficult times.
Adventus Singapore Pte Ltd bags SBR National Business Awards for IT Services
Adventus' Managed Backup and Disaster Recovery Solution addresses disaster situations.
S-REITs' returns dipped 1.8% in 2018 YTD
This has brought their average total return to 9.1% in a year.
Singapore companies' earnings could jump 14% in 2018: Morgan Stanley
An equity strategist forecasted that he added that it could grow further by 10% in 2019.
Rate hikes put heat on REITs
Nearly 80% of REITs are currently hedged, with only a minimal 9% of debts expiring this year.
Singapore's real estate investment in Australia ballooned 141% to US$3.5b
Singaporean investors are attracted to the country's proximity, lease structures, and market transparency that investments quadrupled in the last 7 years.
Hoffmann Quality Tools Asia Pacific Pte Ltd bags SBR International Business Award for Machining and Tooling
Hoffmann group's GARANT TPC Endmill increased a renowned aerospace company's productivity by 50%.
Mixed use site Chinatown Plaza sold en bloc for $260m
It was sold to manufacturing group Royal Golden Eagle.
Chancery Court sold en bloc for $401.78m
It can be redeveloped into a five-storey residential development with a maximum of 481 units.
Finastra International Financial Systems Pte. Limited bags SBR International Business Awards for Financial Technology
The award recognises Finastra’s work in the front-to-back digital transformation of Myanmar’s Yoma Bank.
UOB reportedly halting foreign currency banknote supply in Taiwan
The move comes amidst tighter anti-money laundering rules in the region.
Commodity trading hits $28b in local business spending in 2017
Total employment in the wholesale trade sector also hit 15,300.
Domestic wholesale trade up 6.6% in Q1
Strong sales of petroleum products buoyed quarterly figures.
Singapore Myanmar Investco Limited bags SBR Listed Companies Awards for Luxury Retail
SMI revamped over 70,000 square feet in Yangon airport into a hotbed of luxury retail shops.
PSB Academy bags SBR National Business Awards for Education
The Future Academy hosts over 12,000 students from over 50 nationalities with its slate of certificate, diploma, degree and postgraduate programmes every year.
ERA Realty Network Pte Ltd bags SBR Listed Companies Awards for Real Estate
The real estate firm uses smart tools to benefit both users and salespersons.
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