News
ESR-REIT issues $125m fixed rate notes at 2.6% rate
Funds will be used to modernise its portfolio.
MAS lifts dividend cap on local banks, financial companies
Local financial firms are expected to remain resilient even should the economy slip into a recession again.
Daily briefing: Shipping rates may rise further: analyst; 4 global firms to set up shop in 'smart business district'
And US wants “stable” relations with China: US Defence Secretary.
Market Update: STI Up 0.13%
The Mapletree group of companies led the index on 28 July.
The 7th SBR Management Excellence Awards is now accepting nominations
Deadline for entries is on 29 October 2021.
Million-dollar flat transactions reach record high by July 2021
A total of 120 flats sold for more than $1m as of the first seven months of the year.
Auction success rate could surpass 5% for 2021: KF
There was a total of 200 auction listings in the second quarter, 40 of which were residential properties.
Manufacturing sector stocks follow manufacturing growth lead
Singapore’s top 20 most traded manufacturing-related stocks have a combined market value of $98.8b.
AI robotics startup Augmentus to debut robotics platform
The startup will use its recent seed funding to kick off the platform's debut.
SLNG, Keppel partner to strengthen SG as LNG hub
This is in line with the Singapore Green Plan 2030.
AIMS APAC REIT net property income up 23.9% to $23m
The firm was named one of the Top 10 best performing S-REITs in H1 2021 by the SGX.
CICT net property income doubles to $472m in 1H2021
CapitaLand Integrated Commercial Trust’s committed portfolio occupancy was at 94.9% as of end-June.
Chart of the Day: SG Bitcoin price predictions
This chart from the inaugural Independent Reserve Cryptocurrency Index shows that more than 50% of Singaporeans believe Bitcoin’s value will increase past $50,000 in 2030.
Daily briefing: Starbucks sells shares to E-Mart, SG’s GIC in S. Korea exit; Nium raises over $200m
And SG, US affirm American presence in Southeast Asia as “vital.”
Ascott Residence Trust distributable income rose 96% to S$63.8m in H1
This included one-off partial distribution of divestment gains of S$20m.
Mapletree NPI rose 14.3% to S$78.3m in Q1 FY21/22
This is attributed to the lower rental reliefs to retail tenants at Festival Walk and higher average occupancy from IXINAL Monzen-nakacho Building.
Tripartite committee formed to review workplace fairness: MoM
The Tripartite Committee on Workplace Fairness targets to complete its work by H1 2022.
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