Singapore
SeaTown closes private credit fund with US$1.3b
The fund was launched at the end of 2022.
Singapore joins group of highly transparent commercial real estate markets
Globally, it ranked 13th in market transparency.
HSA revokes licence of retailer for e-vaporiser violations
It seized over 120 e-vaporisers from the retailers.
Singapore ranks second globally for millionaire population density
There are 4,305 millionaires per 100,000 people in the city.
Keppel Infrastructure Trust to raise $200m through private placement
It will issue 456.6 million units.
Great Eastern backs MoH's pre-planning initiative with new legacy programme
This makes the insurer the first one to support the pre-planning campaign.
Wing Tai falls into the red in FY 2024 with $78.7m net loss
Lower revenue and operating profit drove the decline.
5-storey commercial building at 49 & 53 New Bridge Road on sale via tender
The tender will close on 8 October.
Business receipts in service industries rise 9.7% YoY in Q2 2024
Information and Communications led business receipts growth.
IPOS partners with various firms to raise IP awareness in Singapore
In Singapore, workers in IPR-intensive jobs are paid 9.2% more than those in non-IP-intensive jobs.
CapitaLand India Trust issues $150m notes due 2027
The notes are expected to be issued on 30 August 2024.
Economists mixed on MAS's next move amid stable July inflation
Inflation was unchanged at 2.5% YoY.
SingPost uses technology in shift to logistics
It is banking on e-commerce to drive its logistics unit, which accounts for 69% of revenue.
Manufacturing growth expected to pick up in Q4 2024, led by electronics
In July, output grew by 1.8% YoY.
Daily Markets Briefing: STI up 0.1%; Top stock is ThaiBev
ThaiBev is the top stock with a 2.97% increase.
Condo resale volumes rises 32.2% in July amidst post-school holiday activity
An expert predicts a quieter condo resale market in August due to the Lunar Seventh Month.