Singapore
Daily Briefing: SMRT shares lag HK MTR; SGX sets up regulatory unit
And here are the best shopping discount cards in Singapore.
Harbinger of hope – Qatar Investment Authority's purchase of Asia Square Tower One
The recent acquisition of the 43-storey Asia Square Tower One by Qatar Investment Authority, a sovereign wealth fund, has provided the flagging Singapore real estate market with a much-needed shot in the arm.
Probability of new telco grows dimmer amid mounting funding, growth problems
Incumbents are aggressively defending their subscriber bases.
Temasek said to mull SMRT buyout: Bloomberg
Sources say Temasek may increase its $2.4b stake.
YuuZoo lands in the hotseat as SGX issues public reprimand for listing rule breach
Its SGXNet announcement was “not balanced and fair”.
Alleviating core business decline may be a losing battle for SPH: analysts
Its newspaper ad revenues declined by 8.6%.
Here’s why analysts think SMRT might be at the losing end of the new rail financing framework
It’s transiting to the new framework this October.
Transamerica Life (Bermuda) appoints Marc Russell Lieberman as CEO
The appointment is effective immediately.
SGX to set up separate subsidiary to take over regulatory functions
RegCo is slated to be established by 2H17.
HDB taps NCS-led consortium to masterplan Smart Hub
The Hub will scale up to over 1,000 HDB blocks.
Private home prices to remain under pressure as supply balloons: analysts
Prices have drifted down by 0.4% in 2Q.
Sembmarine delivers world’s largest jack-up rig to Noble
It will be deployed in the North Sea.
Singapore’s NODX crashes back to reality with 2.3% drop in June
On back of a 2.5% decline in non-electronic exports.
Frasers Centrepoint Trust’s net property income dips by 5.1% to $31.2m
Blame it on a soft 90.8% occupancy.
Meet the family who brought a famous New York-style burger to Singapore
A second branch of Burger Joint in Singapore is underway.
M1’s net profit falls by 7% to $83.5 in 2Q
On back of its cascading handset sales.
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