Singapore
Industrial property sales up 25.1% in Q2 as manufacturing grows
Data centres and EVs may be key to the industrial sector’s growth.
Industrial property sales up 25.1% in Q2 as manufacturing grows
Data centres and EVs may be key to the industrial sector’s growth.
Singapore wants 95 social media accounts linked to exiled Chinese tycoon blocked
The accounts were said to be hosting hostile information campaigns targeted at Singapore.
Maritime decarbonisation centre completes biofuel trials
The trials started in July 2022.
Tan Tock Seng Hospital opens fund for sustainable healthcare
The new Health for Generations fund aims to raise $18m over the next five years.
URA land sales draw muted bids as home sales hit two-decade low
New home sales in the first half fell to the lowest level since 2004.
Keppel Pacific Oak US REIT bags US$115m loan facility
The loan facility was obtained through a facility agreement on 19 July.
OUE braces for H1 loss amidst China property market woes
It attributed its expected loss to partially owned investee company GPI.
Singapore tops the list of safest cities for tourists: Forbes
Singapore received the top travel safety rating and the lowest natural disaster risk.
Kassia sells 52% of its units during launch
The most popular units were the one- and two-bedrooms.
CapitaLand India Trust invests $108.99m in new Mumbai office building
The property increased CLINT's total portfolio floor area by 4.0%
Income Insurance seeks to fill billion-dollar financing gap in climate transition
The region skimmed its carbon intensity by 2.8%, far below the 17.2% needed.
Low Q2 shophouse transactions not reflective of market interest
In Q2, sales fell 30.4% QoQ and 66.0% YoY.
Daily Markets Briefing: STI down 0.68%; Top stock is ThaiBev
ThaiBev is the top stock with a 1.00% increase.
MAS “closely monitoring” global IT outage
Major banks reported little to no impact to customers and key operations.
Singapore’s AUM reaches $5.41t in 2023, up 10% YoY
It grew in line with the 10% CAGR over the past five years.
Yoma Holdings unclear on Serge Pun’s detention or house arrest
CEO Melvyn Pun says his father remains in Nay Pyi Taw, cooperating with authorities.
Astrea 8 bonds achieve a 3.1x subscription rate
Class A-1 bonds had a 2.9x subscription rate, whilst Class A-2 had 3.9x.