Singapore

APB shares rocket to record high

This developed as Heineken’s offer now stands at $6.35 billion.

APB shares rocket to record high

This developed as Heineken’s offer now stands at $6.35 billion.

Property investment volume rebounds to US$26b in Q2

But Singapore's residential leasing market is likely to face further downside pressure.

CapitaCommercial Trust tagged as a 'Grade A office bellwether'

It has total assets of S$6.8b as of end 2Q12 and market cap of S$3.9b.

Cloud Computing services: Is it all fluff or does it really serve businesses?

Cloud computing has been a recent buzz word among businesses and has been identified as the future technology. Should you start adopting cloud services now?

Ascendas REIT's assets reach $6.6b

.A-REIT is also expected to benefit from favourable rental reversions in the coming quarters.

2 in 5 bankers grumble about high cost of living

They also complain working environment is too stressful.

Chip Eng Seng Contractors bags $137.73m contract from HDB

The deal involves building works at Bukit Panjang Neighbourhood 4 Contract 15.

Singapore dollar stuck in narrow trading range

The local currency has been one of the region’s best performers this year, says IG Markets Singapore, but has been stuck in a narrow trading range against the US dollar.

Don't be fooled by inflation dipping to 4.1%

DBS warns that it’s largely base effect at work.

Firmer open set for STI following holiday

The big news locally, according to IG Markets Singapore, was the improved $53 a share Heineken offer for APB.

Daily briefing: Cycling safety, Mandy Wong

Here are the stories from around the web that Singaporeans are talking about including that challenge for a car.

Chart of the Day: Total trade up 2.9% in July

July 2012 total imports increased by 6%.

Lian Beng piles on joint ventures to winning effect

Construction group has purchased stakes in five projects to raise its orderbook.

Heineken-F&N deals set break fee at S$55M

F&N will pay if acquisitions do not complete by 15 December 2012.

Mapletree Industrial Trust hinges growth on three projects

One build-to-suit facility and two asset enhancement initiatives will sustain its ascent.

Why Singapore must champion ASEAN asset management

The institutional investment world is waking up to the reality of the Global Financial Crisis (or GFC) which drags on interminably. We look to our newspapers on a daily basis to see if some quick fix or short term panacea for Europe’s travails has been miraculously discovered, or whether the US economy has rediscovered its mojo. The reality is that the problems in the Western World of huge fiscal deficits and ballooning public debt will persist for the rest of the financial careers of most readers. But, while Europe and North America languish, all is not lost. Institutions are now waking up to the fact that with 50% of global GDP now coming from the developing world, there is a real imperative to shift more of their investment portfolios towards these markets. Goldman Sachs estimates that this could represent as much as 4 trillion US dollars over the next two decades. Hello Singapore! With a private banking business said to oversee over 300 billion dollars of wealth, situated slap bang in the middle of one of the most populous and fast growing regions in the world, one would have thought that the choice of funds investing into ASEAN story would be too many to list here. Instead, there are scarcely a handful of managers that run equity funds dedicated to the wider region, and those that do, whether within the big banks, or small boutique fund managers, remain small and largely unheard of, in an industry dominated by Global Emerging Markets managers. China is only 5 hours away from Singapore, and its stock markets have not been a very fertile place to invest in recent years. However, the Philippines, Thailand and Indonesia, scarcely a short hop from the Lion City, have been the darlings of the global investor. Time to raise the flag here in the region’s principal capital market, and build a financial centre for ASEAN fund management. Step forward champions of ASEAN.