Singapore

Sabana Industrial REIT borrower enters facility agreement with UOB

The deal is in respect of sustainability-linked term of up to $100m.

Sabana Industrial REIT borrower enters facility agreement with UOB

The deal is in respect of sustainability-linked term of up to $100m.

CEREIT divests Italian office for $138.51m

The divestment of Piazza Affari 2, Milano, Italy office is at €93.6m.

UOB partners with Jewel Changi for cards campaign

This campaign aims to expand its reach toward ASEAN countries.

Investor Quarz wants Sabana manager to use suggested resolutions

The investor also disagrees with ESR, Sabana Industrial Reit’s unitholder.

Sustainable debt market in Singapore grew healthily to $27.05b

Singapore’s sustainable debt market went up by about 10 times in the last five years.

MAS, National Bank of Rwanda join hands for Rwanda Imbaraga SME ecosystem

It creates stronger connections between SMEs in Rwanda and Singapore.

Daily Markets Briefing: STI up 0.06%

Yangzijiang Shipbuilding was the top active stock for 28 June 2023.

Condo resale market to slow in June: analyst

High mortgage rates may be turning off would-be buyers.

UOL, SingLand unveil Pinetree Hill in Mount Sinai

Sales will start on 15 July whilst preview kicks off on 29 June.

GuocoLand clinches S$974m green loan to refinance Guoco Tower

GuocoLand plans to improve the tower’s air-conditioning and mechanical ventilation system, amongst others.

MAS kicks off public consultation for code of conduct of ESG ratings, data products

The proposed code will establish minimum industry standards of transparency in methodologies and data sources.

MAS launches consultation for coal phase-out criteria

Amongst criteria listed is that CFPPs must be phased out by 2040.

HDB rents up 25.1% in May

Fewer HDB units were rented in May compared to the previous month.

Condo rent prices up 26.8% in May

Whilst fewer condos were rented in May, it still breached the 5,000-mark.

MAS floats raising deposit insurance coverage to S$100,000

This will result in 91% of deposits being fully covered by deposit insurance.

Daily Markets Briefing: STI up 0.55%; Yangzijiang is highest stock

DFI Retail Group and Sembcorp Industries are top stocks.

Will SG’s manufacturing momentum improve in 2H23? 

Manufacturing output contracted anew in July, by 10.8% YoY.