News
Wilmar's China unit set for $12-13b market cap upon Shanghai IPO: analyst
It is backed by its ARAWANA brand for cooking oil, pack rice, flour, and pack dry noodles.
Wilmar's China unit set for $12-13b market cap upon Shanghai IPO: analyst
It is backed by its ARAWANA brand for cooking oil, pack rice, flour, and pack dry noodles.
Changi Airport passenger movements up 4% in February
Passengers from Europe and North America led the growth.
50,000 government-linked email credentials found in illegal data banks
Most are either outdated or bogus addresses, but 119 are still being used.
Two consortiums to trial self-driving environmental service vehicles for road cleaning
They will apply AV technology to commercial mechanical road sweepers.
PGIM Real Estate AsiaRetail Fund's assets could propel Frasers Property's retail mall position
Frasers raised its stake in the fund to 47.82% for $601.5m.
PUB slams Hyflux investor's basis for withdrawing from restructuring deal
SM Investments gave Hyflux two weeks to resolve its default or it will terminate the restructuring deal.
Property investment sales eased 31.4% to $3.59b in Q1
The residential sector accounted for 30.4% of sales volume.
ThaiBev launches luxury InverHouse whisky portfolio
The offerings focus on Ready to Drink spirits like the Kulov Max 7 vodka.
Daily Markets Briefing: STI up 0.19%
Expect muted gains today.
Daily Briefing: GIC and Temasek ate up 60% of sovereign fund deals in 2018; Singaporean PE firm Tembusu Partners invests $201.4m in Chinese projects
And luxury property Boulevard 88 sold 20 out of 25 units for $3,550 psf.
Chart of the Day: Delay in industrial property completions in 2018 to boost supply in 2019
Supply in single-user factory spaces could jump by c.9%.
Singapore hopeful for China-backed Asia trade pact this year
The trade minister said he was hopeful that the trade pact could be sealed by the end of 2019.
Singapore gets first guilty plea in $8b penny stock scheme
Key accomplice Goh Hin Calm was sentenced to 36 months imprisonment by Singapore’s High Court.
MAS develops in-house tool to detect rogue trading behaviour early
It predicts the likelihood that market manipulation has occurred based on trade analysis and past cases.
Vietnamese ride-hailing firm FastGo to launch in Singapore in April
Driver-partners can register on 1 April, whilst customers can book rides on 30 April.
Frasers Property raises stake in PGIM Real Estate AsiaRetail Fund to 47.82% for $601.5m
Earnings are expected to grow to $511m after its acquisitions.
CapitaLand inks services agreement with Temasek's Jurong Consultants India
Jurong Consultants India will provide due diligence services for India properties as part of an acquisition. CapitaLand has entered into a services agreement with Temasek Holdings-owned Jurong Consultants (India), which will provide due diligence services related to properties in India.