News
Keppel Land partners with Indian developer to build Mumbai township
Keppel Land will acquire a 49% stake in the JV company for $78.2m. Keppel Land has entered into a joint venture (JV) with Indian developer, Rustomjee Group, to build the 51.4-hectare Urbania integrated township located in the Thane district of Mumbai Metropolitan, according to a release.
Keppel Land partners with Indian developer to build Mumbai township
Keppel Land will acquire a 49% stake in the JV company for $78.2m. Keppel Land has entered into a joint venture (JV) with Indian developer, Rustomjee Group, to build the 51.4-hectare Urbania integrated township located in the Thane district of Mumbai Metropolitan, according to a release.
GIC buys real estate portfolio in Europe for $1.43b
It includes 28 assets in logistics hubs across Europe.
Daily Markets Briefing: STI up 0.61%
Venture led the gains amongst top active stocks with a 3.79% expansion.
Chart of the Day: Check out the condos with the most leasing deals in Q3
Half of the units from the most popular project have floor areas between 600-800 sqft.
Daily Briefing: Grab launches electric vehicles in Indonesia; Medtech firm AWAK Technologies clinches $54m funding
And proptech startup MOGUL.sg partners with real estate agency Century 21.
Jardine Cycle & Carriage to sell shares in Bank Permata for $1.53b
Proceeds will be used for investment purposes.
MAS co-launches steering committee for the insurance industry
It will monitor trends and identify emerging issues, collaborate with MAS on initiatives.
Daily Markets Briefing: STI up 0.69%
SGX led the gains amongst top active stocks with a 2.01% growth.
Daily Briefing: SingSaver launches digital insurance comparison platform; Hardware firm Home-Fix closes down
And Pan Pacific Hotels Group rebrands The Westin Prince Hotel in Toronto.
Chart of the Day: Number of potential entrants to labour force hit all-time low
Rising population ageing contributed to the decline.
Singapore's internet fees amongst world's lowest at 39th place: study
At $21.78 per month, the country’s average fee is cheaper than most countries.
Retail sales fell 4.3% in October YoY
The optical goods and books industry experienced the biggest decline with a 6.9% fall.
MAS revokes CT Bright Investment's CMS license
CBTI breached numerous rules and license conditions, says MAS.
Here are the best companies to work for in 2020
Tech firms dominated the list.
Keppel DC REIT buys second data centre in Germany for $125.3m
This marks the company’s eighth data centre in Europe.
Daily Markets Briefing: STI up 0.32%
Wilmar International led the gains amongst top active stocks with a 2.43% growth.
Chart of the Day: Private home vacancy rate eased 0.3 ppt to 6.1% in Q3
Vacant stock fell by 817 units to 22,819.
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