News
Frasers Logistics & Industrial Trust to join FTSE EPRA/NAREIT Global Developed Index
This raises the firm’s trading liquidity and visibility to global investors.
Frasers Logistics & Industrial Trust to join FTSE EPRA/NAREIT Global Developed Index
This raises the firm’s trading liquidity and visibility to global investors.
Local business sentiment weakened in Q2 2019
The Business Optimism Index fell to +5.08 points as only four of six indicators are in the expansion zone.
Singapore trails behind EU as world's most innovative IP office
The European Union’s consistent online tools allowed it to retain first place.
Quest Ventures to launch early-stage digital commerce startup funds worth US$120m
The VC firm plans to invest up to US$100m through an open fund and as much as US$20m through an impact fund.
Daily Briefing: Singapore to invest $300m in digital innovation research; Two-room flexi flat application rates dropped to 4.2% in 2018
And Sea will add US$1b to its cash pile to amp up its digital entertainment offerings.
Daily Markets Briefing: STI up 0.95%
Expect muted gains today.
Chart of the Day: 6.2% rise in tourist arrivals cushioned retail sales slip in 2018
Growth was driven by substantial increased arrivals from the US and Europe.
DBS Bank to set up over 100 touchpoints in India
The bank plans to open nine new branches in March alone.
Bank loans fell 4.2% in January
Consumer loan growth dipped to 0.7% whilst business loans increased 5%.
Tokyo beats Singapore as best Asian city for ‘bleisure'
Business travellers rated the cities based on business activity, infrastructure, and leisure experiences.
Mirach Energy seeks more time to be excluded from SGX financial watch-list
It has streamlined its oil & gas business to improve its profits and market cap.
Oxley CEO argues debt-ridden company can pay its dues
Its ability to pay is supported by local and overseas projects worth approximately $2.9b and $4.6b respectively.
Hyflux burdened by $916m impairment loss from Tuaspring and other assets
It intends to commission a valuation of its assets to finalise its full-year 2018 results.
One-third of firms invested over US$1m in digital transformation: study
30% said their total spend on such products and servicers would grow by more than 10% in the next three years.
SBR International Business Awards 2019 is open for nominations
The search is on for the best international businesses in Singapore.
Daily Briefing: Pine Grove condo retries en bloc sale for $1.86b; Grab imposes $4 cancellation fee on customers
And Johor will stop buying Singapore's treated water supply.
Daily Markets Briefing: STI up 0.24%
The thawing US-China trade tensions may boost local sentiment.