Singapore’s property rebound has the son of Thai billionaire Charoen Sirivadhanabhakdi chasing more land in the city-state, adding to signs the market is emerging from a four-year slump. Frasers Property Ltd. in December paid S$955.4 million ($727 ... ( read original story ...)
Singapore’s playground for the rich
Measuring just 5 sq km, Sentosa is a niche market. Offering a resort lifestyle just a bridge away from the city, Sentosa is the only place in Singapore that foreigners can buy landed property. Once a Malay graveyard and a British military base in the ... ( read original story ...)
These three charts show how Mapletree Logistics Trust manages business
But, the REIT’s business is still concentrated mainly in the Asia-Pacific region, with Singapore, Japan, and Hong Kong accounting for 70.6% of its revenue. The lease expiry profile of a REIT is important, as it can give us clues on the stability of a ... ( read original story ...)
The Singapore Stock Market Today: LY Corporation Limited Makes Its Debut
Hello, everyone. Here are three things about the local stock market that you might be interested in today. 1. The Straits Times Index (SGX: ^STI), ended Wednesday at 3,533.99 points, down 14.75 points or 0.42%. CapitaLand Commercial Trust (SGX: C61U) lost ... ( read original story ...)
Singapore durian-themed cafe smells winning combination
A Singapore eatery centred around the pungent tropical fruit durian has caught a whiff of success as patrons flock to the cafe in droves for a bite of its exotic offerings. The spiky fruit long regarded as a delicacy in Southeast Asia has left a divisive ... ( read original story ...)
Exclusive: OCBC to use deep learning satellite technology in oil financing
Singapore bank OCBC is trialling the use of deep learning satellite technology in a bid to reduce risks in the financing of crude oil. The bank has engaged specialist data analytics firm ImageSat International (ISI) to estimate crude oil levels in tanks ... ( read original story ...)
Singapore bank lending weakens in December: MAS
SINGAPORE - Bank lending in Singapore was down 0.3 per cent in December from the previous month, preliminary data from the Monetary Authority of Singapore (MAS) on Wednesday (Jan 31) showed. This reversed from the 0.6 per cent month-on-month gain in November. ( read original story ...)
LY Corp debuts at 28.5 S cents on Catalist, 9.6% higher than IPO price
at 28.5 Singapore cents, a 9.6 per cent gain from its 26 cents initial public offering (IPO) price. As at 9.07am on Wednesday, the counter was trading at 29 Singapore cents apiece. Some 4.89 million shares changed hands. LY Corp is the first to launch an ... ( read original story ...)
Singapore December bank lending rises 5.6 pct y/y
SINGAPORE, Jan 31 (Reuters) - Singapore’s total bank lending in December rose 5.6 percent from a year earlier, on increased lending to financial institutions and a rise in housing and bridging loans, central bank data showed on Wednesday. Loans and ... ( read original story ...)
Singapore witnesses less bank lending in December
SINGAPORE, Jan. 31 (Xinhua) -- Singapore's total loans and advances including bills financing of Domestic Banking Units (DBU) declined 0.27 percent month-on-month in December, to a predicted 651.93 billion Singapore dollars. This reversed from a 0.64 ... ( read original story ...)
3D Printer for electronics purchased by NTU Singapore
Nano Dimension Ltd., a leading additive electronics provider announced that Nanyang Technological University, Singapore (NTU Singapore) has purchased the company's DragonFly 2020 Pro 3D Printer for electronics development. Using the new DragonFly 2020 Pro ... ( read original story ...)
Hong Kong vs Singapore: which is your best bet for a banking job in 2018?
As hiring in Singapore and Hong Kong heats up this bonus season, we reveal which city has the most banking jobs across nine key functions. https://news.efinancialcareers.com/sg-en/306704/hiring-asian-banking-chinese-new-year/ If you’re looking for a ... ( read original story ...)
Singapore downgrades hygiene rating of Michelin-star outlet after 43 get food poisoning symptoms
SINGAPORE, Jan 30 (Reuters) - A Michelin-star restaurant in Singapore has been hit with a hygiene downgrade by health authorities after more than three dozen guests at a wedding reception fell ill, having eaten food prepared by its kitchen staff. The 43 ... ( read original story ...)
Budget 2018: Singapore R&D tax perks could be among world’s weakest when PIC expires, says KPMG
SINGAPORE (THE BUSINESS TIMES) - More targeted measures are needed for companies to drive innovation, with the expiry of the Productivity and Innovation Credit (PIC) scheme this year, said small and medium-sized enterprises (SMEs) and observers. ( read original story ...)
Renewed Selling Pressure Tipped For Singapore Shares
The Singapore stock market on Monday snapped the two-day slide in which it had surrendered more than 40 points or 1.2 percent. The Straits Times Index now rests just above the 3,575-point plateau although it figures to head south again on Tuesday. ( read original story ...)
Sembcorp Industries planning IPO for India unit to raise $500-600 million
Mumbai: Singapore-based utility group Sembcorp Industries is gearing up to file for an initial public offering (IPO) of its Indian arm which could see the company raise around $500-600 million (about Rs3,200-3,800 crore), two people aware of the ... ( read original story ...)